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...

SPDC opens animation centre, valued at N100m

 

By Akinola Ajibade

The  Shell Petroleum Development Company of Nigeria Limited has opened an animation academy in the Niger Delta region. 

The project, which cost  N100 million to execute,, aimed at providing practical training for youths on 3D and visual effects .

Executed in partnership with a non-govermentsl organisation, Foundation for Multimedia Creativity and Innovations(FMCI), the project would help in promoting knowledge and skills of youths in the region, as well as preparing then for a better tomorrow. 

The academy was opened in Port Harcourt, Rivers State, by SPDC, an operator SPDC joint venture in the country 

“The academy, SPDC in a statement signed by its Director and . Country's Head, Corporate Communication, Igo Weli is primed to support in closing identified gaps in knowledge and skills that will enable Niger Delta youths to participate fully in the new opportunities that are now available in digital technology,. 

Quoting Weli who spoke at the  inauguration of the academy last week.the statement said that the academy is set to strengthening  the capacity of youthsin in the country.

Represented by SPDC’s Corporate Relations Manager for Project and Opportunities, Hope Nuka, Weli said ;: “At Shell, we believe digitalisation will enable billions in incremental value creation over the coming years for which reason we are happy to partner with others to offer the benefit of evolving fields in technology to youths in the Niger Delta,

According to himi,  entrepreneurial skills development would be a core part of the curriculum of the academy, adding that for sustainability, the project incorporated a multimedia creative hub to meet corporate and individual needs in digital technology services.

Also, the Group General Manager of the National Petroleum Investment Services (NAPIMS), the investment arm of the Nigerian National Petroleum Corporation (NNPC), Mr. Bala Wunti, described the 21st century as the era of digital growth, with various strides being made globally in the Information and Technology space.

Wunti, who was represented by the Deputy Manager External Affairs, Mrs. Bunmi Lawson, said that the academy would provide viable self-employment opportunities for youths in River State and its environs, adding that the “opportunities would further create a pool of professionals in the new growth sector of multimedia services.

In a related development, the FMCI's Chief Executive Officer, Mr. Nimi Amachree, said admission into FMCI is open to all youths in the Niger Delta and called on other corporates in the region to emulate the SPDC joint venture initiative by supporting the vision to equip youths with multimedia skills relevant to several industries including 3D manufacturing.

He said FCMI was working to have its graduates absorbed by a partner production company, Light Era Animation and VFX Studios.

Comments

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first C...

Oil Block: Why Fed Govt Prioritises Production Bonus To Attract Local & Foreign Investors

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single, non-recoverable lump sum payment made upfront by oil companies for their rights to develop oil blocks, as an option for maximizing revenue generation, thus discouraging investors with limited resources from bidding. Currently, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC which regulates activities in the nation’s oil and gas industry, has removed all entry barriers to attract massive investments. This strategy aims at growing oil and gas production, enhancing Nigerian Content Development, attracting Foreign Direct Investment, contributing to l...

Axella Plans To Deepen Gas Utilisation in Nigeria

Axella' s Director of Business Development, Mr Franklin Imole By Favour  Ifeoluwa & Akinola Ajibade Axella's Gas Processing Plant announces Final Investment Decision ( FID) to develop a 50 MMASCF/D Gas Processing Plant, with h a view to deepen utilisation of gas  in the country. The firm, which is situated  in 0ML 56 in Delta State,  said that its making strategic investment in order to ensure that gas is available for industrial use in Nigeria. Situated in  Delta State, Southern Nigeria and billed to commence operation by the end of 2024, the facility, Axella' said, boasts of 12 MMSCF  Modular Plant with an interconnection pipeline network of about 4kilometres alongside other ancillary infrastructure. The facility, the company added, is expected to commence operation by the end of this year. Speaking on the plant ,  Axella's  Director of Business Development, Franklin Imole said: " As the Federal Government continues to pursue its...