The investment is expected to provide reliable, affordable and sustainable electricity to households, businesses, public institutions and productive-use customers currently without dependable access to power.
The gas-fired power plant, located within the Ogba Undertaking of Ikeja Electric Plc, is designed to improve power availability, reduce supply disruptions and provide a dependable source of electricity to one of Lagos’ key industrial and commercial hubs.
Now in its third edition, the ENERGY TIMES Award is designed to recognise and celebrate individuals and organisations whose work continues to transform the energy sector and improve lives across the country.
The gas-fired power plant, located within the Ogba Undertaking of Ikeja Electric Plc, is designed to improve power availability, reduce supply disruptions and provide a dependable source of electricity to one of Lagos’ key industrial and commercial hubs.
BSWAp is expected to become one of Nigeria’s largest deepwater developments, with the potential to attract between US$15 billion and US$21 billion in investment over the life of the project.The project is also expected to achieve peak production of approximately 175,000 barrels of oil per day (kbopd) and 140 million standard cubic feet of gas per day (mmscfd).
HostCommTM is a platform created by a consortium of three Oil & gas industry focused organisations comprising Caritas Communications, Africa Oil+Gas Report and Pedestal Africa.
The new framework replaces the previous approach of negotiating incentives on a project-by-project basis with a transparent, rules-based investment architecture intended to provide greater certainty for investors and strengthen Nigeria’s competitiveness for globally mobile capital.
Africa’s Global Bank, United Bank for Africa (UBA) Plc demonstrated its commitment to fostering peace and stability across Africa with a landmark donation of...
