In a bid to enhance the technical skills of installers and technicians across Nigeria, Metal Manufacturing Nigeria Limited (MMNL) owned StarPlus, the nation’s largest producer of tubular batteries, recently organized …
Energy
- EnergyNigeriaTechnology
- AfricaAFRICA NEWSBusinessEnergyNigeriaOil & Gas
Dangote becomes world’s 65th richest person as refinery boosts fortune to over $27 billion
Nigerian billionaire Aliko Dangote’s mega-refinery, Dangote Oil Refinery has propelled his net worth to $27.8 billion, securing his position as the 65th richest individual on Bloomberg’s Billionaires Index. This increase of …
- AfricaAFRICA NEWSEnergyNigeriaOil & GasWestern Africa
Compass Survey Ltd Signs Strategic Contract with Seabot Maritime, UK, for Technical Consultancy and Advanced USV Training.
Compass Survey Limited, a company providing survey and positioning services to the Nigerian oil and gas industry, is proud to announce the award of a significant new contract with SeaBot …
- AfricaAFRICA NEWSEnergyOil & Gas
TotalEnergies says will quit South African offshore gas block
by Editorby EditorTotalEnergies (TTEF.PA), a major French oil company, announced on Monday its decision to exit an offshore natural gas block located off the southern coast of South Africa due to the …
- AfricaAFRICA NEWSEnergyOil & Gas
Court Rules Oando Minority Shareholders Cannot Be Forced to Sell Their Shares
by Editorby EditorThe Federal High Court, Lagos Division, has ruled that minority shareholders of Oando Plc cannot be compelled to sell their shares against their will. The verdict was delivered by Justice …
- AfricaAFRICA NEWSEnergyOil & Gas
Egypt to Expand Its Oil Influence with $1.2 Billion Investment
by Editorby EditorEgypt has unveiled a significant investment in its oil industry for the 2024/2025 fiscal year, with plans to inject $1.2 billion into drilling 110 exploratory wells. Minister of Petroleum and …
- AfricaAFRICA NEWSEnergyOil & Gas
Angola Environmental Services Joins Angola Oil & Gas (AOG) 2024 as Silver Sponsor
by Editorby EditorAngola plans to increase oil production to 1.1 million barrels per day (bpd) until 2027, thereafter maintaining output at this level. To support production growth, the country is promoting investment …
- AfricaAFRICA NEWSEnergyOil & Gas
Oando Calls for Increased Crude Oil Extraction in Nigeria Amid Energy Transition Pressure
by Editorby EditorOando Energy Resources emphasized the importance of Nigeria being proactive in extracting its abundant crude oil reserves to support its socio-economic growth and industrialization amidst the challenges of energy transition. …
- AfricaAFRICA NEWSEnergyOil & Gas
TotalEnergies to Exit Gas Field Offshore South Africa in Blow to Country
by Editorby EditorTotalEnergies, a major French oil company, has notified South Africa’s petroleum regulator that it plans to exit the 11B/12B offshore gas field, indicating a major setback for the country’s energy …
- AfricaAFRICA NEWSEnergyOil & Gas
Niger Considers Routing Oil Through Chad After Benin Dispute
by Editorby EditorNiger is exploring alternative routes for its oil exports through Chad, following a protracted dispute with Benin that has disrupted its current export pipeline. This strategic shift aims to ensure …