Skip to main content

Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...
Post a Comment

Fed Govt, EU and German Ministry unveil Electric Vehicle ( EV)



By Akinola Ajibade
     Electric motorcycle on display

The Federal Government, European Union( EU) and the German Federal Ministry for Economic Cooperation, yesterday, unveiled an Electric Vehicle (EV) in Lagos.
The government, through its Ministry of Power, developed the vehicle pilot project, while the 
European Union (EU) and the German Federal Ministry for Economic Cooperation provided the necessary financial support for the scheme. 
The project is within the framework
    Panelists at the event

The event, which took place at the Intercontinental Hotel, Victoria Island, Lagos
had fognatories including states' commissioners, 
top-evhelon of the nation's energy sectors among others, in attendance.
Organised in order to showcase the beauty, sophistication and the immense benefits inherent in the solar energy to Nigerians, especially residents of the rural-urban and peri-urban communities in Nigeria, who presently are battling irregular supply of electricity, the event provided opportunities for participants to know how electric vehicles, especially motorcycles can aid the activities of farmers in the course of planting, harvesting and transporting their produce to the market for growth.
Speaking at the event, the Acting Director the Renewable and Rural Power 
Access Department of the Federal Ministry of Power, (FMP), Mr. Abubakar
DAPSHIMA,said that the success of the Electric Vehicle's pilot project was not without the establishment of the Gbamu-Gbamu solar mini-grid community. Gbamu-Gbamu is a village in the South-Western part of Nigeria.
“The objective of the project is to showcase the opportunities in the solar system of electricity generation e-mobility to the people. The project has revealed great benefits that cut across
economic and environmental activities to both the community dwellers and the mini-grid developers,” he added.
Continuing further, Abubakr said that Gbamu-Gbamu, is one of the mini-grid sites supported by NESP during its first phase, stressing that it has provided insights on how the potentials of 
EVs in rural and peri-urban communities can be adequately harnessed

Comments

Post a Comment

Popular posts from this blog

'Nigeria Needs Carbon Emission Reduction To Diversify Energy Portfolio'

SNEPCo Wins Awards  By Favour & Akinola Ajibade Nigeria will be able to reduce carbon emission caused by fossil fuels production, once its  renewable energy portfolio, is diversified, Shell Nigeria Exploration and Production Company (SNEPCo) Managing Director Mrs, Elohor Aiboni has said.  According to her, Nigeria would meet the energy needs of its growing population of over 200 million people, once it encourages Public-Private Partnerships in renewable energy, adding that the development would enable her to overcome high investment costs and limited access to financing. She spoke in Lagos, during the 41st annual International Conference and Exhibition of the National Association of Petroleum Explorationists (NAPE). The event was organised for her and  other senior officials of the company.  SNEPCo's Managing Director, Alboni  At the event are officials of SCiN) and their various awards. There,SCiN won the Best Exhibitor and Plat...
Post a Comment
Read more

SHELL PHOTOSTORY-2 ( LAKOWE GOLF COURSE, LAGOS

L-R: General Manager, Safety and Environment, Shell Nigeria, Elozino Olaniyan; Vice President Midstream, Henry Bristol; former Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Chike Onyejekwe; SNEPCo Managing Director, Elohor Aiboni and Shell Nigeria Vice President, Human Resources, Olukayode Ogunleye, at the Golf Kitty retreat organised for serving and retired leaders of Shell Nigeria at the Lakowe Golf Course, Lagos… recently. A cross section of serving and retired leaders of Shell Nigeria at the Shell Nigeria Golf Kitty Retreat held at Lakowe Golf Course, Lagos… recently.    
Post a Comment
Read more

NUPRC Is Not Leaving Abuja As Erroneously Speculated

By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, and all pipelines carrying crude oil, and natural gas, supervising operations being carried out under licenses and leases, monitoring operations to ensure that they are in line with national goals and aspirations – the Nigerian Upstream Regulatory Commission, NUPRC, occupies a very influential position in Nigeria’s oil and gas industry. The NUPRC also has the mandate to monitor operations to ensure that they are in line with national goals and aspirations, including those relating to Natural Gas Flare elimination & monetization, Domestic Gas Delivery Obligations and Domestic crude oil supply obligations and ensures that Health Safety& Environmental regulations conform to national and international best oil field practice. The agency fu...
Post a Comment
Read more