Seplat Petroleum announced that it has hit 74,000 barrels of oil per day production in Oil Mining Leases (OMLs) 4, 38 and 41 in early November 2014.
The company said it has maintained between 73,000 and 74,000BOPD for most of the month so far.
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The Turkish company, KOZTECH Electric and Energy Technologies has been called to apply its super technology expertise to improve electricity transmission in Nigeria.
The $5bn Mambilla 3,050 megawatts hydro power plant in Taraba State, is set to be financed by the Federal Government and China Exim bank.
The Minister of State for Power, Mr. Mohammed Wakil, explained that the project had yet to commence as planned as a result of litigation by the host community which had delayed the full commencement of the power plant.
The West African Power Industry Convention (WAPIC) held recently in Lagos smashed all attendance records, attracted many power industry heavyweights, celebrated the successes of the power sector privatisation but also discussed the challenges the region is facing with regards to its energy demands.
As a result of the 2014 Trade Envoy to Nigeria and Angola, organized by UK trade and investment (UKTI )Bowalds Energy has made an elaborate plans to Explores New Export Opportunities in Nigeria .
Mrs Ifey Ikeonu, Council Member, ECOWAS Regional Electricity Regulatory Authority, Ghana (ERERA) says stakeholders in the power sector should address electricity in the sub region beyond national barriers .Ikeonu gave the advice in a presentation titled, “Improving Regulatory Governance through Benchmarking’’ at the West African Power Industry Convention (WAPIC) in Lagos.According to her, our biggest challenge in the region remains that of bridging the gap between electricity supply and demand with average access rate to electricity in the region being about 30 per cent. “This is a very huge gap that requires a lot of proactive and innovative solutions if we are to meet the sustainable energy for all goals of providing universal access to electricity by the year 2030.
FMC Technologies Inc a leading global provider of technology solutions for the energy industry has announced the commissioning of its first subsea production tree built entirely in Nigeria.
The equipment, manufactured for Shell Nigeria Exploration and Production Company Ltd. (SNEPCo) Bonga Northwest project, marks the company’s first subsea equipment engineered, manufactured, tested, installed and serviced entirely in the country.
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Oando Energy Resources Inc. a company focused on oil and gas exploration and production in Nigeria said that it has completed the 45,000bbls/d, 51km Umugini pipeline.
In a statement made available to newsmen, the Chief Ececutive officer, Oando Energy Resources Inc, Pade Durotoye said that the pipeline will provide an alternative evacuation route for crude oil produced from the Ebendo Field through the Trans Forcados export pipeline.
Schneider Electric, a global specialist in energy management has announced the graduation of 30 Nigerian students from its Isaac Boro Energy Training College (IBETC) Grenoble, France.
The graduating students are the first batch of beneficiaries of the training programme which is a multilateral partnership between the Nigerian government, the French Education Ministry and Schneider Electric, designed to address the dearth of trained engineers in electrical and energy fields, especially in emerging economies like Nigeria.
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The Federal Government has set a new date of January 2015 to meet the target to generate 5,000 megawatts of electricity.
The Minister of Power, Prof. Chinedu Nebo, has said the inauguration of Gbarian Power Plant, Alaoji Power Plant and Omoku Power Plant would not exceed January 2015 and promised the plants would be provided with enough gas for the generation of 5,000MW.