Energy

NOG Energy Week 2024: West African Countries Harnessing Gas for Industrialisation to Boost Economic Development

NOG Energy Week 2024: West African Countries Harnessing Gas for Industrialisation to Boost Economic Development.
Many African countries are harnessing gas and other cleaner and greener energies to drive their industrialisation journey. African countries including Ghana and Nigeria are investing in gas infrastructure and promoting its utilisation, and by extension are addressing energy poverty and environmental challenges.

New oil and gas is compatible with net zero

Look around at what other countries are doing to tackle climate change. Are you a fan of the US’s Inflation Reduction Act? It is, in part, funded by an explosion in the US’s production of shale gas. Do you like Norwegian subsidy schemes for electric vehicles? Those are partly funded by Norway’s oil and gas exports. Can you name one of our biggest competitors in developing carbon capture technology? One of the largest is Saudi Arabia.

New Licensing Round For Oil Block Will Unlock Opportunities For Companies- MD Omiti Engineering

The Managing Director of Omiti Engineering, Nduka Nwosu has said that the new licensing round for 19 oil blocks will unlock opportunites for indigenous firms.
The MD said this at the launch of the bid round by the Minister of Petroleum Resources, Heineken Lokpobiri and Nigerina Upstream Petroleum Regulatory Commission’s Chief Executive, Gbenga Komolafe.