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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...
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'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 Platinum Sponsor awards. Also, the team of engineers led by Senior Production Geologist, Abidemi Belgore, took the trophy for the first position in Technical paper presentation while Ernest Ikpolo, a senior geophysicist, walked away with the 3rd position in the same category. Over 200 presentations and posters were considered by the organisers.

Similarly, Manus Kanu and Philip Ajaebili received NAPE Award of Excellence for service.

The high point of the NAPE event was the emergence of Shell’s Growth and Portfolio Project Lead, Johnbosco Uche, as the President-elect of the professional body. 

Outgoing NAPE President, Elliot Ibie, described Shell as “a leading light in the oil and gas industry providing direction and support particularly to indigenous companies.”

Speaking at the event, the Outgoing NAPE President, Elliot Ibie, described Shell as “a leading light in the oil and gas industry providing direction and support particularly to indigenous companies.”

On her part, the Managing Director, SNEPCo, Aiboni, who was represented by Exploration Manager, Gogo Eneyok, received the award on behalf of Shell companies. 

“We recognise that being an industry leader puts on us enormous responsibility and we have continued to rethink and reshape our strategies in a manner that brings optimal value to Nigeria, our partners and the local service industry,” Eneyok said. He described the individual and corporate awards as “a reward for excellence and diligence displayed by staff of Shell in Nigeria.” she said.




 




 






 





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