Bokamoso Solar plant commences commercial operations in SA

Sep 18, 2020

Bokamoso Solar located in the North West Province has commenced commercial operations, having achieved full compliance on 12 September 2020. Bokamoso Solar noted in a press statement that this power plant and several others currently under construction, have put the North West on the map as a player in the renewable energy sector, to not…

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Cameroon’s Grand Eweng dam to be built by 2028 in collaboration with America’s Hydromine

Sep 18, 2020

Cameroon plans to build the Grand Eweng dam with a capacity of 810 MW by 2028 in collaboration with the American company Hydromine. The power plant’s output will supply the aluminum sector, part of the Cameroonian population and the rest will be exported to Chad. Cameroon has just launched the project to build the hydroelectric…

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India’s African oil imports hit 10-month high in August

Sep 18, 2020

India’s oil imports from Africa jumped to their highest in 10 months in August as refiners switched out more expensive crude from the Middle East, shipping data provided by trade sources showed. The world’s third biggest oil importer shipped in about 3.95 million barrels per day (bpd) of oil in August, the highest volume since…

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World Bank to disburse $750m for Nigeria’s power sector in 2021

Sep 18, 2020

Nigeria will be able to count on the $ 750 million planned by the World Bank to support the reforms of the electricity sector from 2021. The disbursements, which will be made in three installments, will end in 2023 and will allow the country to improve its electricity supply. The World Bank has announced that…

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NDPHC to begin solar power projects in Katsina

Sep 18, 2020

The Niger Delta Power Holding Company (NDPHC), has stated that it is poised to commence solar power projects in Katsina and some other Northern States. Mr Chiedu Ugbo, the MD/ CEO of NDPHC, disclosed this while fielding questions from journalists at the end of a courtesy visit to his office in Abuja yesterday by the…

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Zenith Energy submits bid in Nigeria’s 2020 Marginal Field Round

Sep 18, 2020

Zenith Energy, the listed international oil & gas production company focused on pursuing African development opportunities, has submitted a technical and commercial bid with the Nigerian Department of Petroleum Resources (‘DPR’) for a marginal field in the 2020 Marginal Field Bid Round. A total of 57 marginal fields comprising a selection of onshore, swamp and…

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Sapura Energy nets over $203m in new contracts in Ivory Coast, South America

Sep 17, 2020

Oil and gas services provider Sapura Energy has announced two major project wins in South America, as well as a drilling contract win in the Ivory Coast. Sapura Energy said on Thursday that the total value of the three contracts is RM 840 million ($203.4 million), bringing the company’s total wins to-date to RM 1.6…

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ADM Energy submits formal bid in Nigeria’s 2020 Marginal Field Round

Sep 17, 2020

Further to the announcement of 3 August 2020, ADM Energy has announced that it has formally submitted a bid with the Nigerian Department of Petroleum Resources (‘DPR’) for a marginal field in the 2020 Marginal Field Bid Round. A total of 57 marginal fields are available to participating companies covering onshore, swamp and shallow offshore…

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NNPC takes major steps to begin revamp of ailing refineries

Sep 17, 2020

In a strategic effort to crash fuel prices and guarantee energy security, the Nigerian National Petroleum Corporation (NNPC) has carried out a detailed audit of the government’s ailing refineries and mobilised funds and technical resources to restore them to full operating capacity within the shortest possible time. The move has been applauded by industry experts…

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Nigeria’s power producers sell N294.16bn electricity in 5 months

Sep 17, 2020

Electricity generation companies in the country sold electricity worth N294.16bn in the first five months of this year to the Nigeria Bulk Electricity Trading Plc. The government-owned NBET buys electricity in bulk from Gencos through Power Purchase Agreements and sells through vesting contracts to the distribution companies, which then supply it to the consumers. NBET…

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