Local company Onose Tbea Energy is building the 400 MW combined-cycle gas turbine facility, Interfax Energy reported. It is scheduled to be operational in 28 months with an initial capacity of 200 MW, before ramping up to 400 MW.
In May 2017, the Nigerian government announced that it would seek some USD 5.2 billion in investments and loans from the World Bank in order to upgrade its power generation and transmission infrastructure. NNPC in March 2017 unveiled a power plant construction programme that will double Nigeria’s power generation capacity over the next 10 years, adding 4 GW to the current 3.8 GW capacity.
The UK's hydrocarbons regulator has awarded 31 new exploration licences in the country's North Sea waters, Reuters reported on Friday Read More
ExxonMobil announced the closing of its USD 60-billion acquisition of Pioneer Natural Resources on Friday, a move that solidifies its… Read More
BP-Eni joint venture Azule Energy has entered a strategic farm-in agreement with Rhino Resources in Namibia's offshore Orange Basin, the… Read More
Africa-focused energy group Chariot has spudded the RZK-1 exploration well on the Gaufrette prospect at the Loukos Onshore licence in… Read More
Touchstone Exploration has acquired Trinidad-focused Trinity Exploration & Production in an all-shares deal, the Canadian upstream player said on Wednesday Read More
ExxonMobil is "optimistic and pushing forward" with the Rovuma LNG project in Mozambique and eyes an FID by the year's… Read More
This website uses cookies.