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

Power: Professionals needed to spur sector's growth

By Akinola Ajibade

Nigeria needs more skilled workers to run the electricity sector  and further provide  uninterrupted supply of the product to teeming population, the Minister of Power,  Abubakar Aliyu gave this indication recently.
He spoke during the opening ceremony of a human development workshop organised for the existing and intending practitioners in the Nigerian energy sector. 
The theme is: Energise the Carrer Fair for the Clean Energy Sector with the support of the Federal Government.
The event is an initiative of the Nigerian Energy Support Programme (NESP), European Union( EU), the German Ministry for Economic Corporation and Development ( EMZ) and Deutsche Gesellschaft for Internationale Zuxammenatbelt (GIZ).
Others are Phillips Consulting Limited( PCL)
and West Africa Vocational Education ( WACE), 
a social venture , which specialises in  screening, training and providing local content, with a view to grow the nation's economy. 
Virtually all the bodies are instrumental to the successive completion of the programme, which
 ensures that ideas and talents  are synchronised in order to develop the Nigeria's power sector.
Represented by the Renewable and Rural Power Access , Engineer Abubakar Al-Dapshima, the Minister said that the Renewable Energy and the Energy Efficiency Sector has developed greatly over the years, coupled with the fact that they would need more  highly trained workers for the growth of the sector. 

One of the speakers at the energize forum, which took place at Landmark Event Centre Lagos.

He said; " The sector has continued to grow rapidly, a development which has resulted in a heightened need for skilled workforce, which would help in strengthening the energy access initiatives of the government and the actors in the power industry in particular. 
Similarly, the Head of Section, Green and Digital Economy at the European Union ( EU) Delegation to Nigeria and Economic Community of West African States( ECOWAS), Ms Inga STEFANOWICS, said that youths are critical to the development of the sector in the country..
            Participants at the forum

"Youth and Job creation is a major aspect of the activities of the  European Union( EU) in Nigeria and we are happy to support the implementation of the activity, which has contributed to the 
Sustainable Development Goals( SDGs),
 especially the creation of decent work within the renewable energy and energy efficiency sector." she added.
The Head of Programme( NESP), Mr Duke Benjamin, posited  that the Carrer Fair would bring about major  developments in the energy sector in the nearest future.
Benjamin, who was represented by the Head of Unit, Sustainable Energy Access, NESP, Mr Olumide Fatoki, said that funding and right implementation is needed to prepare youths for the challenges in the industry and further create  jobs in the industry.
He re-emphasised the commitment of the partners to boost skills in the sector, as well as fostering growth. 
In a related development, ,s stakeholder in the sector, Dr Aminu ISA said that collaborations among stakeholders  would help in driving the growth of the sector. 
ISA, who spoke on behalf of the Renewable Energy and Energy Efficiency Associations- Alliance ( REEEA-A) Steering Committee, said that the associations are synergizing in order to improve the standards of Renewable Energy and Energy Efficiency programmes in the industry.

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