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WIEN seeks government, corporate partnership on diversity

Sopuruchi Onwuka Leading advocates of diversity, equity and inclusion in the Nigerian energy sector, Women in Energy Network (WIEN) has called for the collaboration of government agencies and corporate captains in harnessing the enormous capacity of women in creating a…

Africa’s NOCs to forge continental energy agenda at NIES 2024

Sopuruchi Onwuka The highly anticipated 7th Nigeria International Energy Summit (NIES 2024) is set to convene the National Oil Companies (NOCs) Forum, bringing together esteemed CEOs and key stakeholders from various African NOCs. The session promises to be a pivotal…

OANDO chiefs to mount stage at NIES 2024

Sopuruchi Onwuka Fast growing indigenous energy independent company, Oando, will mount a strong presence at the 2024 edition of the Nigeria International Energy Summit (NIES) which kicks off in Abuja today. According to a statement from The Wings Office Complex,…

Divestments: ‘No, we’re not leaving onshore,’ IOCs tell Nigeria

Sopuruchi Onwuka Despite the prevailing rave about the exit of foreign multinational companies from joint venture operations with the Nigerian National Petroleum Company (NNPC) Limited, TotalEnergies and Chevron still have a longer outlook for portfolios located onshore Niger Delta. Shell…

Shell’s $5 bn Bonga North development on table for 2024 FID

Sopuruchi Onwuka The Nigerian deepwater petroleum play is set to witness increased output as the key multinational players in the country drift from onshore and shallow water operations to more rewarding deepwater exploration and production. Shell Nigeria Exploration and Production…

Kemi Badenoch arrives UK-Nigeria partnership

Sopuruchi Onwuka The UK Minister for Business and Trade, Kemi Badenoch, has arrived in Nigeria to begin a 3-day visit to deepen the UK-Nigeria partnership. Following the former Foreign Secretary’s visit to Nigeria in August 2023, and last week’s UK-Nigeria…

African corporate community shaken by Wigwe’s death

Sopuruchi Onwuka The death of one of Africa’s finest bankers and business enabler, Herbert Wigwe, has shaken the continent where access to finance has become one of the biggest challenges to building viable businesses. The development comes as American authorities…

NNPC Ltd partner US Govt., Deloitte to cut emission at OML 34

Sopuruchi Onwuka The Nigerian National Petroleum Company Limited (NNPC Ltd) has declared that it is working in collaboration with the United States Department of States and international management consultancy firm, Deloitte, to meet its net-zero carbon goals by embarking on…

SIIFZ hosts NEPZA delegation; pledges economic infrastructure development

Sopuruchi Onwuka Snake Island Integrated Free Zone (“SIIFZ”) reaffirmed its commitment to Nigeria’s economic advancement during a familiarisation tour of the country’s free trade zones by the MD/CEO of the Nigeria Export Processing Zones Authority (NEPZA). Speaking during the tour,…

Akpo FPSO ups output to 84 kbs, 58 MMcm/d

Sopuruchi Onwuka One of Nigeria’s old deepwater oil and gas production facilities, the Akpo Floating Production, Storage and Offloading (FPSO) vessel, has encouraged TotalEnergies to start production of satellite Akpo West oilfield. The French company which operates the Petroleum Mining…