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Nigeria to access 20% of $90bn global financing for deepwater projects, targeting 1.3bn boe – Verheijen, S.A Energy to Tinubu
November 14, 2024DocumentaryEnergy TransitionMultilateral FinanceNewsOil & GasSpecial ProjectUpstream

Nigeria to access 20% of $90bn global financing for deepwater projects, targeting 1.3bn boe – Verheijen, S.A Energy to Tinubu

“Collaboration with ONSA, key operators directly improved Trans Niger Pipeline uptime… all operating companies along TNP can produce into the major trunkline”   “We’ve raised threshold for operator approval from NNPCL from $500,000 in JOAs, $250,000 in PSCs to $10m,…

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#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge
November 6, 2024DocumentaryGasGreen FinanceImpactMultilateral FinanceNewsOil & GasUpstream

#AEW2024: Energy experts project $58 bn investment boom in Africa’s oil, gas upstream sector, with Nigeria, Libya, Angola leading the charge

… say Africa’s potential with 125bn barrels of oil, 620tcf of gas to meet global energy demand by 2040 Oredola Adeola Energy experts forecast a $58 billion investment influx into Africa’s oil and gas upstream sector in the coming years,…

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MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves
November 1, 2024DocumentaryDownstreamEnergy TransitionFinanceGreen FinanceImpactLocal ContentMidstreamMultilateral FinanceNews

MDGIF identifies integrated policy, infrastructure, tech investment key to unlocking Nigeria’s vast gas reserves

… recommends sustained government support “Nigeria’s gas pipeline network meets just 10% of local demand, urgent investment needed to bridge critical gap”- ED MDGIF, Adama says Oredola Adeola The Midstream and Downstream Gas Infrastructure Fund (MDGIF), under the Nigerian Midstream…

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Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security
October 29, 2024DocumentaryDownstreamEnergy TransitionFinanceLocal ContentMidstreamMultilateral FinanceNewsOil & Gas

Ghana’s NPA CEO, First Bank Head of Energy recommend unified currency, infrastructure development as key to Africa’s energy security

Dr. Abdul-Hamid highlights Ghana-Burkina Faso pipeline agreement as a model for regional cooperation to enhance petroleum supply, security Aina, First Bank Energy Head suggests regional currency adoption in Anglophone Africa to curb FX volatility, citing Francophone stability Oredola Adeola Dr.…

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Dr. Agama, DG SEC announces Nigeria’s plan to launch third green bond in September 2024, 5 years after
July 25, 2024ConcessionEnergy TransitionGreen FinanceHydroplantImpactMultilateral FinanceNewsPowerRenewablesSolar

Dr. Agama, DG SEC announces Nigeria’s plan to launch third green bond in September 2024, 5 years after

… proposes solar energy estates in Northern Nigeria for job creation …laments over Nigeria’s University energy cost, as UNIBEN, ABU commit N341M, N450M monthly on power bills  Oredola Adeola Dr. Emomotimi Agama, Director General of the Securities and Exchange Commission,…

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Afreximbank, APPO sign funding documents of $5 bn Africa Energy Bank
June 4, 2024DownstreamEnergy TransitionGenerationMidstreamMultilateral FinanceNewsOil & GasPowerUpstream

Afreximbank, APPO sign funding documents of $5 bn Africa Energy Bank

… as two major class A investors unite to pump $2.75bn as equity contribution Oredola Adeola The African Petroleum Producers Organization (APPO), and the African Export-Import Bank (Afreximbank) have signed the requisite documents for the establishment of the Supranational Multilateral…

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REVEALED: How powerful individuals misled Buhari to approve $10m risk guarantee for Calabar IPP at citizens’ detriment
February 15, 2024ConcessionDistributionFinanceGasGenerationMultilateral FinanceNewsOil & GasPower

REVEALED: How powerful individuals misled Buhari to approve $10m risk guarantee for Calabar IPP at citizens’ detriment

Oredola Adeola Nigeria’s former President Muhammadu Buhari was misled by high-ranking individuals to approve a US$10 million partial risk guarantee (PRG) for the Nigerian Bulk Electricity Trading Plc (NBET) to sign transaction documents with Accugas, a natural gas supplier to…

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