gas Archives - Gambeta News

THE NEWLY APPOINTED PRIME MINISTER OF THE LIBYAN GOVERNMENT OF NATIONAL UNITY ABDUL-HAMID DBEIBAH MEETS ENI’S CEO CLAUDIO DESCALZI

Posted on March 22, 2021 by Gambeta News

Eni’s CEO met the new Libyan PM Dbeibah and the new Minister of Oil and Gas Oun today in Tripoli to discuss Eni’s activities in the country and areas of common interest and collaboration in the fields of renewable energy, circular economy, social projects, access to health and to energy, education and professional training. Tripoli (Libya), March 21st 2021 – Abdulhamid Dbeibah, newly appointed Prime Minister of the Government of National Unity of Libya, and Claudio Descalzi,…

NIGERIA’S LEADING CONSTRUCTION GIANT RUPTURES GAS PIPELINE

Posted on December 17, 2020 by Gambeta News

Residents of Arepo and Magboro in the Obafemi Owode Local Government Area of Ogun State, as well as motorists and commuters, were in panic on Wednesday after a gas pipeline belonging to the Nigerian National Petroleum Corporation was ruptured by employees of Julius Berger Nigeria Plc, who were working on the Lagos-Ibadan Expressway. Read more here: Punchng.com

DRIVING EFFICIENCY THROUGH GAS-GENERATED ENERGY

Posted on July 31, 2020 by Gambeta News

Industries require reliable energy to operate optimally. When energy supplies are unreliable, it can interrupt manufacturing processes which ultimately leads to a loss in revenue. Organisations are therefore increasingly looking at spreading their risk and supplementing their energy supply to ensure that they can continue operating should the country’s grid go down. Leading West African cement manufacturer, SOCOCIM Industries has signed a 7-year deal with energy provider Aggreko Africa to diversify their energy supply using…

GUYANA TO GET ASSISTANCE FROM GHANA FOR OIL EXPLORATION

Posted on June 13, 2019 by Gambeta News

Ghana to give free technical assistance to Guyana after oil discovery according to President Akufo-Addo Republic of Guyana is set to get help from Ghana following the discovery of considerable deposits of oil and gas. This help comes after a meeting between both nation leaders at Georgetown. Ghana President Akufo-Addo said “With our experiences, I believe Ghana is well-equipped to share with you the dos and don’ts in the area.” He also said they will…

SEPLAT PARTNERS WITH NNPC TO RAISE US$700m GAS DEVELOPMENT FUNDS

Posted on April 26, 2019 by Gambeta News

Seplat teams up with NNPC to improve gas production in Nigeria. Seplat Petroleum Development Company recently announced that it is partnering with Nigeria National Petroleum Corporation (NNPC); to raise US$700 million for a gas development project. The US$700 million is for a joint gas project in Imo state; which will tremendously help Nigeria to reduce its dependency on oil. According to A.B.C Orjiako, the Co-founder and Chairman of Seplat; the project includes the development of the Assa…

EGYPT ANNOUNCES WINNERS OF US$800M OIL AND GAS EXPLORATION TENDERS

Posted on February 13, 2019February 13, 2019 by Gambeta News

Minister of Petroleum Announces winners of Both EGAS and EGPC oil and gas exploration tenders in Egypt. Egypt’s Petroleum Minister has announced the result of the oil and gas exploration tenders. These oil and gas exploration tenders were for digging the Egyptian Natural Gas Holding Company (EGAS) and The Egyptian General Petroleum Corporation (EGPC) wells. The total limit of private investment owned by EGAS is worth US$600m while that of EGPC is US$164m. Including grants, the…

SHELL NIGERIA SIGNS DEAL WITH GP AND GACN TO SUPPORT ABA INTEGRATED POWER PROJECT

Posted on December 4, 2018December 4, 2018 by Gambeta News

Shell signs gas supply and aggregation agreement for Aba Integrated Power Project (IPP) The Shell Petroleum Development Company of Nigeria Limited (SPDC) recently signed an agreement with Geometric Power Aba Limited (GP) and Gas Aggregation Company of Nigeria (GACN). The gas supply and aggregation agreement will enable GP and GACN to support the 140 Megawatts Aba Integrated Power Project (IPP) in Abia State, Nigeria. The agreement states that Shell will supply gas to the power producer Geometric Power Aba Limited. The supply…

NNPC SIGNS US$1.7bn DEAL WITH CHEVRON TO INCREASE CRUDE PRODUCTION

Posted on November 23, 2017 by Gambeta News

NNPC and Chevron sign agreement aimed at boosting reserves and production of crude in Nigeria. The Nigerian National Petroleum Corporation ( NNPC ) and Chevron Nigeria Limited (CNL) have finalized an Alternative Financing Agreement to increase crude production by about 39,000 barrels per day. This report is according to a statement issued by the NNPC Group Managing Director, Dr Maikanti Baru. The agreement which was signed in London, is expected to achieve an incremental peak…

US$300M GAS DEAL BETWEEN SHORELINE ENERGY AND SHELL

Posted on September 12, 2017September 14, 2017 by Gambeta News

Nigerian energy company Shoreline has signed a US$300 million agreement with Shell to develop, buy,market, distribute and sell gas in the commercial capital, Lagos. Meanwhile, in June Shell said that it would place more emphasis on gas rather than oil in the West African country, which has the world’s ninth-largest proven gas reserves at 187-trillion cubic feet. It said the agreement provided exclusive rights to distribute and sell gas in those areas. “The partnership is…