December 2024 – Page 3 – Advisors Reports

December 4, 2024Documentary Maritime Midstream News Oil & Gas Special Report Sustainability

Argus Media to replace EuroBob with West Africa benchmark as Nigeria grows refining capacity

“Dangote, PH refineries, alongside imports, drive competition in Gulf of Guinea market” – Argus Media VP Oredola Adeola As Nigeria’s petroleum products market is becoming more structured and transparent with the coming onboard of local refiners, Argus Media,…

December 4, 2024Distribution News Power Transmission

TCN restores bulk power to Bayelsa after 4-month of total outage

…erects 20 new towers after 3 coordinated attacks on Ahoada-Yenagoa 132kV line in 2024 … to set up community task force in Bayelsa, Rivers states to enhance security of power equipment Oredola Adeola The Transmission Company of Nigeria (TCN) has…

December 4, 2024Energy Transition Gas Local Content Midstream News Oil & Gas Service Company Sustainability Technology

#PNC2024: NNPC restructures NEPL, NETCO, EnServ to strengthen local content efforts

… build capacity for global energy leadership Oredola Adeola NNPC Limited acknowledged that the strategic restructuring of its subsidiaries, including NNPC Exploration and Production Limited (NEPL), NNPC Engineering and Technical Company Limited (NETCO), and NNPC Energy Services Limited (EnServ),…

December 4, 2024Energy Transition Finance Impact Local Content News Oil & Gas Sustainability Technology

10th HoR advances Nigerian Content Bill, set to repeal NOGIC Act 2010

… moves to expanding content bill to cover electricity, ICT, other key sectors Oredola Adeola The House of Representatives Committee on Nigerian Content Development and Monitoring has reiterated commitment to advancing the Nigerian Content Development and Enforcement Bill (the ‘NCDE…

December 3, 2024Distribution News Power

Sanwo-Olu Signs Lagos Electricity Bill 2024, targets 24-hour power supply

Oredola Adeola Lagos State Governor Babajide Sanwo-Olu has signed the Lagos Electricity Bill 2024 into law, marking a significant step toward achieving 24-hour electricity supply across the state by enabling autonomous generation, transmission, and distribution of power under the…

December 3, 2024Documentary Downstream Energy Transition Extractive Industry Impact Local Content News Oil Oil & Gas Sustainability Upstream

PNCNigeria: Nigeria’s local content in oil, gas sector rises to 56% in 2024, exceeds target

NCDMB revises Community Contractor Fund, allocates ₦15bn … increases single obligor limit from ₦20m to ₦100 m Oredola Adeola The Nigerian Content Development and Monitoring Board (NCDMB) has reported an increase in local content in the oil and gas sector…

December 2, 2024Distribution News Power

DisCos meter 3.03m customers since 2013, totaling 6.15m, as 6.13m remain on estimated billing

… metering rate stagnates at 50% post-privatisation, despite CAPMI, NMMP, MAP interventions … NERC identifies PMI, DISREP, MAF as key interventions to bridge metering gap Oredola Adeola Between November 2013 and November 2024, approximately 3.03 million prepaid electricity meters were…

December 2, 2024Documentary Energy Transition Impact Local Content News Oil & Gas Service Company Special Report Sustainability Technology

NCDMB empowers Project 100 to deliver world-class projects, strengthen regional collaboration across West Africa

… beneficiaries urge NCDMB, MoPR to transition P-100 into a sectoral working group The Project 100 beneficiaries have been equipped with advanced skills to scale up as leading Nigerian oil and gas servicing companies, enabling them to deliver world-class projects and…