Friday, November 15, 2019
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Renewable hybrid systems are becoming the preferred energy sources, and new technologies and their ability to integrate the utilisation of varying fuel sources, are increasing the competitive edge of solar hybrid systems. The speed of solar deployment and its steeply declining cost in comparison with the cost and speed of the deployment of the infrastructure for gas and other energy sources,...
  Ndubuisi Micheal Obineme Amina Maina, Group Chief Operating Officer of MRS Holdings Limited, has said investment in Digital Technologies will reduce costs, improve efficiency in the nation's downstream oil and gas industry. She made this known during the week at an Oil and Gas event held in Lagos. “Today, you cannot afford to have maninual processes in your company or retail outlets....
Ayobami Adedinni There is a growing trend in renewable energy and how women are promoting these activities in Nigeria. While the industry is welcoming more women leaders, its rank-and-file workforce is still dominated by men. Specifically, the IUCN’s Global Gender Office (GGO), says Energy initiatives can shift gender paradigms by promoting the empowerment of women, as these initiatives can have the ability...
Ayobami Adedinni Energy plays the most vital role in the economic growth, progress, and development, as well as poverty eradication and security of any nation. Hence, economic growth crucially depends on the long-term availability of energy from sources that are affordable, accessible, and environmentally friendly. Of recent, given the reality of global warming, there has been a rise in global action calling...
Ayobami Adedinni Investment in the oil and gas sector is fraught with multiple operational and financial risks. These risks when combined with the capital-intensive nature of oil and gas operations, makes an investor extra cautious when deciding whether or not to invest in a country's oil and gas sector. Dayo Okusami, Partner, Templars has restated the need for regulatory certainty in the...
  As a mature offshore oil and gas market, the North Sea and Europe region is still with great potentials both in the mature areas and in the frontier areas. Norway, the UK, the Netherlands and Demark are the most important players in the region. Digitalization and innovation trends in offshore oil and gas will disrupt the whole lifecycle of the industry. The...
Ayobami Adedinni Christophe Begat, managing director, Anglophone West Africa, Schnieder Electric, has said the company is committed to providing safe and clean electricity from solar and wind to address the current faulty lines of energy transmission and attain full digital transmission of electricity to buildings. Speaking at the firm's Innovation Day 2019, he said human activities such as using generators and...
Ayobami Adedinni A leading Renewable energy company in Nigeria, Community Energy Social Enterprise Ltd, CESEL has signed a Memorandum of Understanding with Shizen Energy Inc. a Japanese firm in order to impact more people in Nigeria and in Africa through sustainable electricity supply. As of April, 209, Shizen Energy has contributed to the development of approximately 1 gigawatt worth of renewable...
Ayobami Adedinni The Sustainable Energy and Transportation Summit, (SEAT) will focus on the speed and scale of disruption of sustainable energy and transport solutions and their implications for African societies. The Summit which holds 16th to 17th January 2020 is set to be the largest gathering of solar, storage, smart energy, wind, and Electronic Vehicles Industry-leading experts and stakeholders. In a statement,...
Ayobami Adedinni  The Nigerian Local Content Act has been described as an opportunity for companies in the oil and gas industry. The Oil and Gas industry in Nigeria is regarded as the foremost lucrative sector in the economy. It entails the exploration, transportation, development and sale of Nigerian oil and gas resources including upstream and downstream oil and gas operations. Hence, the objective...
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