Nigeria


All posts for Nigeria

Nigeria: Africa’s Leading Producer

Producing 2.1 million barrels per day (bpd), Nigeria serves as Africa's largest oil and gas producer, although production is currently limited to 1.4 million bpd by OPEC-led quotas. In a bid to develop untapped resources and monetize existing resources, 2020 has seen the launch of a marginal fiel ...

Aydanur Akkurt - Africa Oil & Power


Posted 2 days agoLink > NigeriaNigeria Oil Gas & Power 2021NOGP2021 +29

Nigerian Independents Tackle Market Volatility

Since the Federal Government of Nigeria enacted its Local Content Law in 2010, several indigenous operators – Atlas Petroleum International and Oranto Petroleum, Shoreline, Aiteo Group, Eroton Exploration & Production Company and Seplat Petroleum Development Company, among others – have made subst ...

Aydanur Akkurt - Africa Oil & Power


Posted 5 days agoLink > NigeriaNigeria Oil Gas & Power 2021NOGP2021 +16

Nigeria Takes Aim Against Gas Flaring in 2020

The Nigerian Department of Petroleum Resources (DPR) announced in February 2020 the launch of the first phase of the Nigerian Gas Flare Commercialization Programme (NGFCP), having shortlisted 200 bidding companies following the evaluation of statements of qualification. Christopher Sheldon, Pract ...

Aydanur Akkurt - Africa Oil & Power


Posted 7 days agoLink > NigeriaPowerLiquified Petroleum Gas +3

Taking stock of the COVID-19 Energy Crisis

For many, 2020 will definitely be a year to remember…unfortunately not in a fond manner. In the first quarter of the year we have seen free falling crude oil prices, stranded crude cargoes of some of the most sought after crude grades, negative prices for crude futures, global economic shut down; ...

Mariah Lucciano-Gabriel - Asharami Energy


Posted 4 months agoOpinion > covid-19EnergyCrisis +4

Events Industry Retools to Build Hospitals in Africa

Cape Town, 8 April 2020  – Afrika Umoja, an initiative initiated by Cape Town temporary architecture specialists, HOTT3D with pan-African energy event organizer Africa Oil & Power (AOP), is tackling the COVID-19 threat in its home city and across Africa. Afrika Umoja will aim to build temporary ho ...

Aydanur Akkurt - Africa Oil & Power


Posted 5 months agoPress > covid-19Afrika UmojaTemporary Hospitals +6

Africa Oil & Power Pledges Support to Energy Industry, Offers Free Communications Services

AOP is making its platform available for governments and companies within Africa's energy sector to submit press releases and articles free of charge. Open communication between all organizations involved in African energy helps combat misinformation and promotes safety during the Covid-19 crisi ...

Aydanur Akkurt - Africa Oil & Power


Posted 5 months agoPress > newscovid-19Energy Sector +11

Waltersmith to Replicate Nigeria’s Modular Refinery Model in Equatorial Guinea

Equatorial Guinea's Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, recently visited Nigeria's modular refinery and expressed his willingness to replicate it in Equatorial Guinea. “Primarily, I don't put it in the local content context, I put it in the African Continental Free ...

Aydanur Akkurt - Africa Oil & Power


Posted 7 months agoLink > WaltersmithEquatorial GuineaNigeria +2

EQUATORIAL GUINEA OFFICIALLY LAUNCHES YEAR OF INVESTMENT 2020 CAMPAIGN

Equatorial Guinea has kicked off a year-long investment campaign aimed at driving capital investment into the country's bankable projects. Major U.S. firms have pledged to increase their investment in Equatorial Guinea in 2020, along with Nigerian banking and financial institutions. Notable inve ...

Aydanur Akkurt - Africa Oil & Power


Posted 7 months agoPress > Equatorial GuineaYear of InvestmentAfrica Oil & Investment Forum & Exhibition +10

South Africa’s Former Energy Minister, Jeff Radebe on tour to mend relations with Nigeria, Senegal & Ghana

A team of Presidential Special Envoys departed South Africa on Monday to visit Nigeria, Niger, Ghana, Senegal, Tanzania, the Democratic Republic of Congo and Zambia to deliver a message of solidarity from President Cyril Ramaphosa. The Special Envoy consists of South Africa's former Minister o ...

Aydanur Akkurt - Africa Oil & Power


Posted 11 months agoPress > South AfricaNigeriaNiger +9

Time to Make Energy Work for Africa

It is past time that Africa's natural resources benefited Africans; that every African had access to electricity; and that the wealth created by oil and gas would lead to the sustainable development of African economies. The incredible story of Senegal, for example, stands as a roadmap on creatin ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > NigeriaAtlas OrantoPrince Arthur Eze +3

Benin inaugurates 127MW power plant

With a generation capacity of 127 megawatts (MW), the gas engine power plant is set to increase the country's power supply significantly decreasing its dependence on energy imports. “The Maria Gleta power plant increases Benin's capacity for electricity by more than 50 percent – our country now b ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoLink > BeninPower PlantGhana +4

ModuResources Group announces Nigerian partnership with Relentech Specialists Nig. Ltd.

Lagos, Nigeria effective August 2019, ModuResources announces to have established a partnership with Relentech Specialists Nig. Ltd. ModuResources Group primarily provides rig inspection services and recently branched out to add other services to its group of companies such as training (IWCF & IAD ...

Martin Struik


Posted 1 year agoPress > Nigeriamoduresourcesinspection

Year of Energy team tours Middle East ahead of 5th GECF Gas Summit

The first high-level ad hoc working group meeting for the 5th GECF Gas Summit, held at the GECF Headquarters in Doha, Qatar, took place on July 18. Representatives of the GECF Member States and Observers – including GECF Secretary General Yury Sentyurin – were updated on conference speakers, spons ...

Aydanur Akkurt - Africa Oil & Power


Posted 1 year agoPress > Equatorial GuineaGECFgas +14

Why is oil security suddenly a top priority in Africa?

Just this week, South Africa announced a new oil and gas policy is in the pipeline. This will be music to the ears of individuals involved in African energy and infrastructure such as Sebastian Wagner , Mzi Khumalo and Olusegun Okubanjo . But questions surely remain as to how the continent can t ...

Scott Johnson


Posted 1 year agoOpinion > Nigeriaenergy securitySub-Saharan Africa +2

Three reasons Africa will determine the oil price in the long term

Africa might only be home to just 4 percent of the world's oil supply but, as many of its oil-rich nations begin taking advantage of this natural resource, it's starting to have an impact on the price of crude oil. This uptick will be good news for the continent's high-profile investors and entrepre ...

Scott Johnson


Posted 1 year agoOpinion > Africamiddle classGeopolitics +4