The facility will help to finance equipment and machinery purchases from China for modular refineries in Nigeria, Daily Trust reported.
“This agreement is set to create over 100,000 jobs in Nigeria’s oil and gas sector – a decisive move that will advance the federal government’s modular refineries and Flare Gas Recovery Programme,” Bank of Industry managing director Olukayode Pitan said at the signing ceremony.
The Nigerian government has been promoting modular refineries to increase the country’s downstream capacity and develop oil producing regions.
Ørsted’s Greater Changhua 1 and 2a offshore wind farms are in operation in Taiwan and their combined 900 MW of… Read More
SkyPower Global has signed a 1-GW power purchase agreement with state-owned Zambia Electricity Supply Corp Read More
The government of Angola has approved Afentra’s acquisition of a 12% non-operating interest in offshore Block 3/05 and a 16%… Read More
TotalEnergies has agreed with US player Vanguard Renewables to jointly develop renewable natural gas (RNG) in the USA, the French… Read More
Canadian exploration player Sintana Energy has expanded in Namibia’s Orange Basin with a deal to acquire up to 67% in… Read More
The UAE’s AD Ports Group has signed a concession agreement to operate and upgrade Angola’s multipurpose Luanda Port, the Emirati… Read More
This website uses cookies.