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Amaya Capital expands its Azura power generation platform with new investment from Actis
Amaya Capital recently pledged over $300m of equity commitments in its power generation platform. The new investment follows the acquisition…
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IOCs to exercise preemptive rights in the event of assets sale
Major oil multinationals operating in Nigeria will seek to exercise the right of first refusal should the government decide to…
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NNPC targets completion of critical Lagos gas pipeline by year end
The Nigerian National Petroleum Corporation (NNPC) plans to complete the ongoing Escravos to Lagos Pipeline System 2 (ELPS-2) project in…
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Advocaat holds its inaugural discourse
On Thursday 29th of September 2016, Advocaat Law Practice held it’s inaugural discourse themed “LET’S TALK ABOUT GAS”. The discourse…
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Helios Pays $115.8 Million For 49% Stake In Oando Gas and Power
Helios Investment Partners LLP (Helios) has bought a 49% stake in Oando Plcs Nigerias midstream business subsidiary, Oando Gas and…
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FG, firm sign 550MW power purchase agreement
The Federal Government recently signed a Power Purchase Agreement with Kingline Development Nigeria Limited, a new power generation firm with…
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Siemens Nigeria builds 3m service facility, to boost local content
Siemens Nigeria Limited has inaugurated its new €3m facility in Port Harcourt to increase local capacity, in the Nigerian oil…
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Dangote to begin coal mining in November
Dangote Cement Plc, a subsidiary of the Dangote Group, has switched its plant lines to coal to minimise cost and…