Nigeria: AEDC Sued By Suleja Local Government Residents; Demand N200 Million As Compensation

The Abuja Electricity Distribution Company (AEDC), one of the power distribution companies in the Republic of Nigeria, has been sued at a Niger State High Court by residents of Suleja Local Government over poor electricity supply in the area despite paying a huge amount as monthly electricity bills. The Plaintiff accused AEDC of rendering poor services which is making life unbearable in the area. In an affidavit sworn by Musa Abdullahi Esq, one of the residents of Suleja Local Government, on behalf of the residents of Dawaki, Mata Akawu, Suleja Club, Maje, Kwamba, Bakasi, Gangare Kwata, Chaza, Emir Palace, Hassan Dalatu, Church Road, Rafin Sanyi, Paolosa and Kwankwashe, it said the above-mentioned residents have been enjoying only four hours of electricity in the morning and four hours in the evening totalling eight hours out of the 24 hours they are supposed to enjoy electricity. According to the affidavit, what is more upsetting is the fact that consumers are, sometimes, asked to provide funds for the repair of AEDC’s damaged transformers and other equipment. The Plaintiff posed six questions for the defendant to respond to and sought nine reliefs from the court. Among the reliefs the plaintiff is seeking is a declaration that the defendant, having failed in their basic duty of provision of power supply safely and reliably, without any tangible justification, the plaintiff is entitled to damages and compensation because the charges/rates are under the guise of bills are imposed by the defendant on the Plaintiff which the plaintiff pays. An order directing the Defendant to pay Plaintiff (1) general damages to the tune of two hundred million Naira only (N200,000,000), an equivalent of US$474,384.40  for the wrongful, unjustifiable and unwarranted power interruption or refusal of the defendant to supply adequate electricity to the Plaintiff which act of the defendant has caused untold hardship on the Plaintiff Or (ii) in an alternative an Order directing six months free bill period for the Plaintiff as compensation for the all the period of unjustified power interruption. Additionally, the Plaintiff is seeking an Order directing Defendant to always notify Plaintiff of any prolonged power outage exceeding four hours on any of their entire social media platforms be it newspaper or electronic media. The Defendant have 30days to respond to the suit. No date has been communicated for mention at the time of report.  Below are the reliefs being sought by the Plaintiff       Source: https://energynewsafrica.com

Nigeria Advances Effort Towards Construction Of Nuclear Power Plant As It Opens Bids

Nigeria’s determination to join countries generating electricity is gaining momentum as it open bids for the construction of nuclear power plants that would generate 4,000 megawatts of electricity for the country. “Nigeria is trying to deliver 4,000MW of electricity through nuclear power. We are trying to construct four units and we are at the bidding stage,’’ Dr Yau Idris, Director General, Nigerian Nuclear Regulatory Authority (NNRA), said at the Nigerian International Energy Summit (NIES) in Abuja. “It is wrong to think that Nigeria can’t manage a nuclear power plant. There are mechanisms put in place that ensure any country can build a nuclear power plant,” he stated. According to him, Nigeria had been trying to diversify its energy sources since 1977, stressing that the additional 4,000MW would increase the country’s generation capacity to about 13,000MW. Idris said the regulatory agency has signed agreements with Russia, Pakistan, France and South Korea to build the capacity of its staff in manning the nuclear plants. In Africa, only South Africa operates Nuclear power plant. The Koeberg Power Station is about 30km northeast of Cape Town and has two units of 900MW Capacity PWR reactors each. Interestingly, interest in nuclear power generation is growing in Africa because it is considered as one of the sustainable sources of energy. Apart from Nigeria, which is determined to construct nuclear power plant countries like Egypt, Ghana and Kenya have also taken giant steps towards establishing nuclear power plant.        

Ghana: PURC Hosts Delegation From Ugandan Electricity Regulatory Authority 

Ghana’s Public Utilities Regulatory Commission (PURC) has hosted a seven-member delegation from the Ugandan Electricity Regulatory Authority (ERA) to discuss how the two regulatory bodies can strengthen relationships and learn from each other.
 
The delegation was in Ghana from February 28 to March 4, 2022.
 
During the five-day visit, the delegation understudied the PURC’s regulatory activities.
 
The seven-member delegation was led by Prof John Ddumba–Ssentamu, who is a member of the Ugandan Electricity Regulatory Authority.
 
The delegation comprised Eng. Ziria Tibalwa Wacko, Chief Executive Officer, Eng. Joseph Oteng Otogo, Mr Stephen Mwandha, Board Secretary, Dr Richard Okou, Director Technical Services, Mr Edward Iruura, Director Financial Services, and Juliet Mugoya Jacobs, Principal Executive Secretary.
 
In his opening remarks, Dr. Ishmael Ackah, the Acting Executive Secretary of the PURC, expressed his appreciation to the delegation for recognising the Commission’s impact and regulatory efforts within the energy and the water industry.
 
He added that the visit would allow both parties to foster a beneficial relationship.
 
The delegation was taken through Tariff Structure and Methodology and Overview of the Energy and Performance among other areas of utility regulation in Ghana.
 
As part of their activities during the benchmarking study tour, the delegation visited the Energy Commission, the technical regulator, and the Ghana Grid Company to be acquainted with the Overview and Mandates, the implementation of Local Content Regulations, and the study of the control systems respectively.
 
The delegation ended their study visit with a tour of the Kwame Nkrumah Mausoleum.
 
Watch a video of the Acting Executive Secretary of PURC, Dr Ishmael Ackah explaining the functions of the Commission
 
 
 
 

Ghana: Gas Shortage Looms As Tanker Drivers Announce Strike Over Unresolved Grievances

Liquefied Petroleum Gas Tanker Drivers in the Republic of Ghana have begun a sit -down strike to press for the resolution of some grievances. According to the Drivers, they will never resume work until their grievances are resolved. Addressing a press conference in the Tema industrial area, the National Chairman of Tankers Drivers Union, George Nyaunu noted that the ban on the construction of new LPG facilities about five years ago has crippled the investments owners of the facilities and making it difficult to pay drivers. He said two of the owners of the facilities have passed away because of the ban on the new LPG facilities. According to him, tanker drivers have tolerated promise and assurance for far too without any positive resolution. He demanded, with immediate effect the review of the working condition of tanker drivers in general drivers, especially their salaries. “We demand an immediate lifting of the ban on construction of LPG stations by LPG owners……we don’t know why these stations have been lying down.” “Banks are chasing owners of the facilities; some of the owners are dying,’’ he added. Mr Nyaunu also spoke about what he described as unfair treatment of petroleum tanker drivers by BOST and NPA. According to Mr Nyaunu, drivers who transport petrol and diesel would be compelled to join the strike in the coming days if government fails to address their grievances. To sum it, I Chairman of Gas Tanker Drivers Union, Shafiu Mohammed told energynewsafrica.com that they would not resume work until their issues are resolved. In a related development, Ghana Liquefied Petroleum Gas Operators Association GLiPGOA have hinted at shutting down all LPG refilling stations by Monday, March 7, 2022.   Source: https://energynewsafrica.com    

Confirmed: Jerry Kofi Hinson Appointed New MD Of TOR

A former Executive Director of Minecom responsible for the oil and gas business unit, Jerry Kofi Hinson, has been appointed as the Managing Director of the Tema Oil Refinery (TOR), confirming an earlier report by this portal that he has been pencilled for the post. On February 11, this year, energynewafrica.com reported that Jerry Kofi Hinson is likely to be named the fourth MD of TOR under the administration of President Akufo-Addo, after the then Managing Director, Francis Boateng, and his deputy, Ato Morrison, were dismissed some nine months ago. Since June 2021, the debt-saddled state oil refinery was being managed by a three-member Interim Management Committee (IMC) until Wednesday, March 2, 2022, when it ended its role, thereby, paving way for the newly constituted board and new MD to take over. Speaking at the inauguration of the new board, Dr Matthew Opoku Prempeh, Ghana’s Minister for Energy, charged the board to be tactical enough to ensure that there is a conducive working environment to improve upon the relationship between the board and management as well as unions. “It is in our collective interest as a nation for TOR to be fully operational, especially at this time and more especially when we have our discovery,” he said. The Minister added that TOR is an important national asset that must be protected. “I believe its transformation lies in individual hearts and minds. I am confident that with the collective input of all stakeholders, we can empower TOR to play a vital role in our economic development. I am clear in my mind that with the diverse expertise represented on this Board, you will deliver. I once again want to assure you of my support as the sector Minister as we embark on this journey together.” The new Board Chairman, David Kwame Tandoh Adomako, assured the Minister of their full commitment to managing the facility just as any private individual would manage their business and leave TOR better than they met it. The new board members include; Jerry Kofi Hinson (MD), Nana Akua Bakoma Prempeh, Prince Hamidu Armah, Prof Albert Ahenkan, Edith Sapara-Grant, Kamal-Deen Abdulai, Leon Kendon Appenteng and Irene Osei Bonsu.       Source: https://energynewsafrica.com  

BP, Equinor, Shell Pull Out Investments In Russian Oil Firms Over Ukraine Invasion

Three oil giants BP, Equinor and Shell have decided to part ways with Russia following the counter recent invasion of Ukraine resulting in the loss of human lives. While BP announced that it is offloading its 19.75 per cent stake in a Russian state-owned oil firm, Rosneft, Shell said it would end all of its joint ventures with the Russian energy company, Gazprom. BP had come under pressure from the UK government to make the move since last Thursday’s invasion. It has held the shareholding in the Russian company since 2013. In a raft of actions to show their unhappiness about the Russian invasion in Ukraine, BP’s Chief Executive, Bernard Looney, has also resigned “with immediate effect” from the Rosneft board, as has fellow BP-nominated Director, Bob Dudley. Mr Looney had been on the Rosneft board since 2020 alongside its Chairman, Igor Sechin, who is a close friend and ally of Russian President Vladimir Putin. BP’s latest annual results published two weeks ago revealed Rosneft accounted for $2.7 billion (£2bn) of its profits, about a fifth of its total. Regarding Equinor’s decision to end its investment in Russia due to the Russian invasion of Ukraine, President and CEO Anders Opedal, in a statement, said: “We are all deeply troubled by the invasion of Ukraine, which represents a terrible setback for the world, and we are thinking of all those who are suffering because of the military action. “In the current situation, we regard our position as untenable. We will now stop new investments into our Russian business, and we will start the process of exiting our joint ventures in a manner that is consistent with our values. Our top priority in this difficult situation is the safety and security of our people,” Opal said. It came after Norway’s $1.3 trillion (£970bn) sovereign wealth fund, which is the world’s largest, also announced on Sunday that it would freeze and divest its Russian assets. On its part, French oil giant, Shell, in a statement issued on Monday, said that it is exiting its operations in Russia including a major liquefied natural gas plant. It said it would quit the flagship Sakhalin 2 LNG plant which holds a 27 per cent stake and which is 50 per cent owned and operated by Russian gas giant, Gasprom. Shell said the decision to exit Russian joint ventures would lead to impairments. Shell had around $3 billion in non-current assets in these ventures in Russia at the end of 2021, it said. “We are shocked by the loss of life in Ukraine, which we deplore, resulting from a senseless act of military aggression which threatens European security,” Shell Chief Executive Ben van Beurden said in a statement.         Source: https://energynewsafrica.com

Ghana: PURC Urges Consumers To Report Grievances Early

Ghana’s Public Utilities Regulatory Commission (PURC) has charged electricity and water consumers to channel their grievances to their offices across the country in time for timely and effective resolution. Consumers have also been advised to be vigilant and demand receipts for all payments and purchases at both electricity and water cash vending points. The Commission made these calls when officials of its Wa Regional Office embarked on public education and outreach programme at the Pentecost International Worship Centre (PIWC). Recently, the Commission facilitated the payment of compensation for five consumers in Sekondi-Takoradi after establishing that their properties got destroyed when a rented house they were occupying burnt due to a power surge. The ECG was made to compensate the victims with a sum of GH¢51,622. https://web.facebook.com/purcgh/posts/260999412883757 Source: https://energynewsafrica.com

Nigeria Takes The Lead In Exploration, Production And Regulation In 2022

Nigeria represents one of Africa’s heavyweights when it comes to hydrocarbon exploration and production. With over 36 billion barrels of oil (bbl) and 200 trillion cubic feet of natural gas, the country has managed to position itself as both an attractive upstream market and competitive producer. In its Q1 2022 outlook, The State of African Energy, the African Energy Chamber (AEC) contends that Nigeria will maintain its position as one of Africa’s leading crude oil producers as well as one of the continent’s top three gas suppliers between 2022 and 2025, providing an opportunity for the west African country to leverage its energy resources for economic growth while addressing global energy demand. According to the outlook, Nigeria will produce 1.46 million barrels per day (bpd) of crude oil out of the 6.35 million bpd that Africa as a whole will produce during the year, reaffirming the country’s position as a continental energy hub as production in the West African state peaks in 2023. Production declines in mature oilfields coupled with the country’s reliance on offshore basins – approximately 65% of the crude oil Nigeria currently produces sourced from offshore projects – has highlighted the need for Nigeria to increase oil exploration and production to maintain a secure supply as legacy projects diminish and thereby shrink the country’s production capacity from 2023 onwards. Out of the 36 bbl of oil reserves Nigeria holds, just over 25% is currently produced from deep water projects, underlining a huge opportunity for Nigeria to expand partnerships and investment to ramp up production and increase its role in both the continental and global energy landscape. “The recent $1.2 billion deal between Nigeria’s Seplat Energy and American energy firm ExxonMobil, in which the multinational will continue with its deep-water projects whilst handing over onshore projects, is an indication of the huge potential the country’s offshore projects have in the near future in addressing energy needs as energy consumption increases. By increasing focus on these projects, accelerating exploration and production in key basins, Nigeria has the ability to unleash its full energy potential,” stated NJ Ayuk, Executive Chairman of the AEC. In order to consolidate its position as a global producer, the Nigerian government needs to fast-forward the approval process for deep-water projects and put in place policies that reduce taxes for operators, the majority of which are international majors that have partnered with national oil companies, to ensure more projects come online through 2025 for a continued stable supply of crude oil. More investments are also required within the country’s downstream sector with inadequate infrastructure slowing down oil production and increasing Nigeria’s reliance on fuel imports. Nigeria imports up to 1.25 million metric tons per month of gasoline due to inadequate domestic refining capacity. Accordingly, the $12 billion Dangote refinery project in Lagos, slated to kick start operations during Q4 of 2022 with a processing capacity of 540,000 barrels per day and partly owned by state-company the Nigerian National Petroleum Corporation, is an example of the willingness of Nigeria to set itself as an oil heavyweight while expanding its oil and gas capabilities to meet domestic, regional and global energy needs. Meanwhile on the gas front, the AEC outlook shows that Nigeria has also retained its spot amongst Africa’s main gas producers in 2022. An annual production capacity of 1,450 billion cubic feet is expected as the country recovers from 2020 low production levels. Existing gas producing fields, as well as those currently under development, are expected to sustain the country’s gas production through to 2025. Despite factors such as vandalism of infrastructure which are restraining optimal gas and oil exportation, as well as the high costs and emission rates associated with deep-water projects driving majors to diversify their portfolios, greenfield investments in Nigeria and its African counterparts will increase capital expenditure across the continent to $30 billion in 2022, providing an opportunity for new projects to come online and for leading hydrocarbon producers such as Nigeria to modernize and build new infrastructure as well as expand exploration and production. Nigeria is positioned to lead African investment with proven oil and gas reserves as well as a reformed regulatory landscape making the sector increasingly attractive for foreign capital. The implementation of the Petroleum Industry Bill (PIB) in 2021 by the Nigerian government, for example, provides regulatory clarity on royalties and other issues that have previously made it difficult for oil and gas E&P companies and downstream market players to expand investments within the country’s market. Now, with the implementation of the PIB, Nigeria is better positioned, now more than ever, to attract investments and accelerate development in 2022 and beyond. The AEC’s annual conference, African Energy Week (AEW), taking place from October 18-21, 2022, in Cape Town, will not only highlight post-PIB opportunities in Nigeria, but will make a strong case for the role the country plays in both the African and global energy landscape. Through a range of investor-specific forums, market-driven panel discussions, and ministerial summits, AEW 2022 will discuss exploration, production and regulation, with dialogue centered around how Africa’s oil and gas sector can make energy poverty history by 2030.
 
  Source: https://energynewsafrica.com

Ghana: Three-Member IMC Ends Role At TOR

The three-member Interim Managing Committee (IMC) instituted by Ghana’s Ministry of Energy to oversee the management of Tema Oil Refinery is ending its role at the premier refinery by the close of today, Wednesday, March 2, 2022. This is because the Minister for Energy, Dr. Matthew Opoku Prempeh is inaugurating a newly constituted board and a new Managing Director to take over the management of the refinery today. The IMC was constituted in June 2020 to oversee the management of the refinery following the dismissal of the Managing Director, Francis Boateng, and his deputy, Mr Ato Morrison. A few weeks into their work, this portal reported that the IMC interdicted 14 top management executives of the refinery for their alleged involvement in various acts which resulted in huge financial loss to the refinery. The IMC, in a statement issued later, said its investigation uncovered the disappearance of 18 drums of electrical cables valued at Ghc10.4 million, the disappearance of LPG belonging to a client between 2012 and 2015 as a result of which TOR became indebted to the client to the tune of US$4.8 million. Also, the IMC revealed the disappearance of 105,927 litres of gas oil on September 4, 2021. In addition, there was a wrongful loading of 252,000 litres of Aviation Turbine Kerosene (ATK) instead of regular kerosene into BRV trucks at the loading gantry between September 21 and September 25, 2021. Interestingly, for the few months the IMC stayed at the refinery, they were able to put control measures in place and this has helped to stem product losses. “We have not witnessed product losses for the past few months,” Ing. Norbert Anku, Chairman of the IMC told energynewsafrica.com recently. He said they had plans to enhance the security of products by installing flow meters at the loading gantry, constructing a new laboratory, refurbishing the gantry and installing a Close Circuit Television (CCTV) at the refinery. He believed when these things are done, they would go a long way to guarantee product security at the refinery.       Source: https://energynewsafrica.com

Ghana: Sunon Asogli Power Ghana Rids Kpone Beach Of Filth For Clean Environment

Ghana’s largest independent power generation company, Sunon Asogli Power Ghana, has, as part of its corporate mission of protecting the environment, organised a cleaning exercise at the Kpone beach to rid the area of filth. Kpone is the Municipal capital of Kpone-Katamanso in the Greater Accra Region. The staff of the company, with their management, undertook the cleaning exercise on 25th February 2022. By this, revelers are ensured of healthy air and environment at the beach. Residents close to the power plant voluntarily took part in the tidying up exercise of 1,800 square meters of the beach, an exercise that lasted for two hours. Over 100 bags of garbage mainly plastic waste were collected. The General Manager of Sunon Asogli Power, Jin Zhengyi stated that the exercise would be frequent in ensuring that the frontage and surroundings of the plant are always clean. He urged the general public to make an effort to contribute to making the environment clean, adding that “if we want to make Accra one of the cleanest cities in Africa, it starts with us. “Not only has this exercise strengthened the corporation and raised the awareness of environmental protection among the Ghanaian and Chinese employees, but it has also introduced the concept of ‘responsible energy’ and ‘environmental energy’ of Shenzhen Energy to Ghana.” The Management of Sunon Asogli Power expressed gratitude to all the staff and volunteers who took part in the exercise and commended them for the love and energy they put into ensuring that their surroundings are always clean.     Source: https://energynewsafrica.com

Ghana: More Pain For Consumers As IES Predicts Another Fuel Price Hike

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The Institute for Energy Security, an energy think tank in the Republic of Ghana, is urging Ghanaians to brace themselves up to pay more for fuel as prices of the commodity will be going up again from March. Prices of petrol and diesel have been going up almost every fortnight in the Republic of Ghana. Currently, the average price of both gasoil and gasoline is around GH¢7.86 per litre. In a statement issued by Fritz Moses, IES’s Research Analyst, on Monday, February 28, 2022, as the second pricing window closes, said: “As we enter March 2022, the Institute for Energy Security (IES) projects another rise in the price of Liquefied Petroleum Gas (LPG), diesel and petrol at the pump.” He said the impending price increases have been largely influenced by the sharp depreciation of the Ghanaian Cedi against the US Dollar, adding that data analyzed by the IES Economic Desk on the foreign exchange (Forex) market within the pricing-window, reveals that the Ghanaian Cedi further depreciated against the major trading currencies. Against the Greenback, the Cedi depreciated further by 4.11 per cent to close at Gh¢6.85 to the Dollar. According to him, other factors which are expected to push the fuel prices upward include the 3.33 per cent increase in the price of Brent crude, the 2.71 per cent rise in LPG price, the 3.58 per cent increase in the price of gasoline and the 4.50 per cent jump in gasoline price; all on the international oil and fuel markets. Crude oil prices have been soaring since the beginning of the year. Gasoline, Gasoil and Liquefied Petroleum Gas (LPG), monitored on Standard and Poor’s (S&P’s) global Platts platform, also points to increases within the just ended pricing window. The price of gasoline increased by 4.50 per cent, representing an addition of $39.71 to its earlier price of $882.27 to close at $921.98 per metric tonne. Gasoil price also extended its gains by 3.58 per cent, adding $29.44 to its earlier price of $821.46 per metric tonne ending the period at $850.90 per metric tonne. Also, the price of LPG on the international fuel market recorded a marginal jump of 2.71 per cent to add $22.29 to its earlier price of $828.79 to close trading at $851.28 per metric tonne.

Gambia’s Director Of Exploration And Production Cany Jobe Honoured By PETAN

The Director for Exploration and Production at the Gambia National Petroleum Corporation, Cany Jobe, has been awarded for her exceptional role and dedication to the Energy Sector in her country and beyond. She was recognised by the Petroleum Technology Association of Nigeria (PETAN), organisers of the just ended Sub-Saharan Africa International Petroleum Exhibition and Conference (SAIPEC2022) at a dinner in Nigeria. She was handed over the award by four leading women in the Energy Sector which included Dr Ibilola Amao, Funmi Ogbue and Patricia Simon-Hart in a show of camaraderie and honour. The event also saw ten oil and gas companies awarded for their contribution to local content development in the industry and on the African continent. The 10 companies include Nigeria Liquefied Natural Gas Limited (NLNG) (Nigeria); Societe Mauritanienne des Hydrocarbures et de Patrimoine Minier (SMH) (Mauritania); Shell (Nigeria); Uganda National Oil Company (UNOC) (Uganda); TotalEneries (Nigeria); ND Western (Nigeria); Instituto Nacional de Petroleo (INP) Mozambique; Agencia Nacional de Petroleo Gaz Biocombustiveis (ANPG) Angola; and Proscovia Nabbanja (Uganda). Commenting on the award in an interview with energynewsafrica.com, Cany Jobe, who was full of joy, said: “The best part of this particular award has been getting up on stage and handed over the award by not one but four outstanding and stellar women of the industry with a combined 200 years of experience. “STEM Pioneers and one per cent do not have the privilege I had growing up to google and see other women do it and be it. It made me blush to stand on the shoulders of such giants and the memory will be a special one that will forever remain with me.” She added, “Women still have to dismantle many stereotypes to get to where we are and, therefore, getting publicly celebrated when we break barriers is one of the many ways to get rid of inherent biases against women leadership.” Profile of Cany Jobe Cany is a dedicated and strategic Petroleum Engineer with a passion for cleaner and renewable energy technologies. Her work experience spans energy projects in Australia where she worked with a multi-disciplinary team that investigated the optimum development strategy for the Browse LNG Field; South America-drilling in the Lake Maracaibo; to West Africa. Cany is currently the Director of Exploration and Production at the Gambia National Petroleum Corporation where she advises on oil and gas exploration projects; and structures, negotiates and oversees the implementation of high value exploration activities of NOC/IOC joint ventures and partnerships. She holds a M.Eng. degree in Oil and Gas from the University of West Australia, an MSc. in International Project Management specialising in Energy, Construction, Oil & Gas from Glasgow Caledonian University and a B.Sc. in Materials and Minerals Resources Engineering from National Taipei University of Technology during which she won Foreign Student Excellence Awards. She has executed consultancy assignments from regional organisations such as ECOWAS around national strategies for LPG popularisation, energy efficiency and clean cooking initiatives. She is also skilled in policy formulation, governance, and administration having previously served as Head of Administration & Procurement; and Board Secretary for the national oil company. A member of the Society of Petroleum Engineers and the Association of Project Managers; Cany is an alumnus of Commonwealth Awards; Mining for Development Awards; and Australia Development Awards. She volunteers for a number of Not-for-Profit Organisations and is a national and international conference speaker passionate about women in STEM, quality education and energy access. More recently she was recognised in the 2021 Power List of 50 Inspiring Pan African Female Leaders in Energy by Lean In Energy and was named as one of 100 Outstanding Female Executives in the African Oil and Gas Industry by African Shapers. In 2022, she got awarded by SAIPEC a Winning With Women award in recognition of her role as a Pioneer Energy Leader. Cany is happily married and raising two boys to be the next generational gender champions. She is a bon vivant who loves wave watching, playing dress up, travelling, reading about everything under the sun, taking countless photos, hiking, dancing and cooking the occasional meal. Source: https://energynewsafrica.com

Nigeria: ExxonMobil Sells Shallow-Water Assets To Seplat For US$1.283 Billion

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US oil and gas supermajor, ExxonMobil Corporation, has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary, Seplat Energy Offshore Limited. The supermajor, however, said that it would retain its deepwater assets, adding that the sale of MPNU supported the company’s investment strategy and Nigeria’s efforts to enhance industry participation. In a statement, ExxonMobil said the transaction would close later this year pending regulatory approvals. Commenting on the deal, ExxonMobil Upstream Oil and Gas President, Liam Mallon, said, “This sale will allow us to prioritise competitively advantaged investments in our strategic assets, and it supports the Nigerian government’s efforts to grow its oil and gas operations. “We value the relationships we have spent decades building with the government and people of Nigeria, which will continue as we maximise the value from our deepwater operations.” ExxonMobil said when finalised, the sale would include the Mobil Development Nigeria and Mobil Exploration Nigeria equity ownership of Mobil Producing Nigeria Unlimited, which hold a 40 per cent stake in four oil mining licences. According to the statement, the licences include more than 90 shallow-water and onshore platforms and 300 producing wells. It added, “ExxonMobil will maintain a significant deepwater presence in Nigeria, including interests in the Erha, Usan and Bonga developments via Esso Exploration and Production Nigeria Limited and Esso Exploration and Production Nigeria (Deepwater) Limited. “The sale will not result in any loss of employment and is expected to close later this year subject to regulatory and other approvals.” Seplat Energy said in a statement that its subsidiary, Seplat Energy Offshore Limited, had entered into a Sale and Purchase Agreement to acquire the entire share capital of MPNU for a purchase price of $1.283 billion-plus up to $300 million contingent consideration, subject to the lockbox, working capital and other adjustments at closing relative to the effective date.   Source: https://energynewsafrica.com

Ukraine: Russian Soldiers Blow Gas Pipeline Into Flames

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Russian forces have blown up a gas pipeline in Kharkiv, the second-largest city in Ukraine, as the Russian invasion into the European nation continues into the fourth day. A video of the fire from where the pipeline is located was shared by eyewitnesses to the incident. Ukrainian State Service of Special Communication and Information Protection confirmed that the bombing of its pipeline warned that the explosion could cause an “environmental catastrophe” and advised residents to cover their windows with damp cloth or gauze and to drink plenty of fluids. Ukraine’s top prosecutor, Iryna Venediktova said the Russian forces have been unable to take Kharkiv where a fierce battle is underway. However, at the same time, the Telegram channel of the State Service of Special Communications and Information Protection warned against misinformation, saying this was not a nuclear strike, although the explosion was visually similar to that. Heavy shelling was reported in Kharkiv in eastern Ukraine in the early hours of Sunday. Russian missiles even hit the Ukrainian town of Vasylkiv southwest of Kyiv, setting an oil terminal ablaze. Photographs and videos posted online showed large flames rising in the night sky. Soon after, a radioactive waste disposal site near Kyiv was also hit by an airstrike, but the storage facilities were not damaged, Ukraine’s nuclear agency said. However, there was no evidence of a leak. The incident happened at about 1:20 am (local time) on Sunday when a radioactive waste disposal site of the State Specialized Enterprise “Radon” was hit by missiles. NRIU said the automated radiation monitoring system at the site had failed, but measurements taken with portable devices in Kyiv found that radiation levels were normal.     Source: https://energynewsafrica.com