Energy

By PR The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with CypherCrescent Limited, has announced an upcoming digital research capacity development programme designed to equip undergraduate students in Nigeria with modern technology skills, advanced research methods, and industry-relevant digital competencies. Students of science, engineering and technology disciplines in public universities, who are at 300 and 400 level, including those currently on industrial training (IT), are eligible to apply for registration, using the contact address ng@cyphercrescent.com or click here. In a statement on Wednesday, the NCDMB said the programme, themed ‘Catch-the-Researcher-Young Programme (CRYP), is created to prepare young talents for a future of innovation...

By Rareview Energydesk The long-awaited African Energy Bank (AEB), a continental financial institution designed to support oil, gas and broader energy investments across Africa, is now scheduled to commence operations in September 2026 in Abuja, following a series of delays linked largely to administrative and funding challenges. The announcement was made by the Secretary General of the African Petroleum Producers’ Organisation (APPO), Farid Ghezali, who acknowledged that the project had experienced several postponements but expressed confidence that the new target date would finally bring the institution into operation. According to reports by energy intelligence platform Argus Media, Ghezali said the September deadline was necessary because of what he described as “incompres...

By Ali Elias LAGOS — Bonny Gas Transport Limited (BGT), the shipping subsidiary of Nigeria LNG Limited (NLNG), has awarded contracts for the construction of three new liquefied natural gas (LNG) carriers to Chinese shipbuilding giants Hudong-Zhonghua Shipbuilding Group and China Shipbuilding Trading Company, marking a significant step in the company’s fleet renewal and decarbonisation strategy. The new vessels, scheduled for delivery in 2029, form part of BGT’s long-term fleet modernisation and replacement programme aimed at enhancing operational efficiency, strengthening LNG transportation capacity and aligning the company’s maritime operations with evolving global environmental standards. According to a statement issued by the company, each of the vessels will have a cargo c...

By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to expanding opportunities for all Nigerians, including rehabilitated inmates and other vulnerable groups, as part of efforts to deepen local content development and drive inclusive economic growth. The Board made the commitment when it received the Bayelsa State Controller of the Nigerian Correctional Service (NCoS), Controller Spiff Baranaye S., and his delegation at the Nigerian Content Tower in Yenagoa, Bayelsa State. Representing the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, the General Manager, Corporate Communications, Dr. Obinna Ezeobi, said the Board remained committed to human capital development, inclusion and sustainable capacity building in line ...

By Ali Elias  The Nigerian Content Development and Monitoring Board (NCDMB) has reiterated its commitment to fostering meaningful participation of Persons with Disabilities (PWDs) in Nigeria’s oil and gas industry, stressing that inclusion must go beyond policy statements to the creation of sustainable economic opportunities. The commitment was reaffirmed at a knowledge-sharing workshop themed, “Beyond Inclusion: Creating Real Opportunities in Oil and Gas for All Abilities,” held in Yenagoa, Bayelsa State. The workshop brought together stakeholders, industry professionals and members of the disability community to explore pathways for expanding access to employment, entrepreneurship and capacity-building opportunities within Nigeria’s energy sector. Delivering the keyn...

By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to deepening indigenous capabilities in the offshore oil and gas industry, urging operators, service companies and investors to channel greater resources into local manufacturing and research and development (R&D) as Nigeria seeks to retain more value from its vast hydrocarbon resources. The Board made the call at the Offshore Well Intervention (OWI) West Africa 2026 Conference, held in Lagos from June 2 to 3, where its Director of Planning, Research and Statistics, Mr. Silas Omomehin Ajimijaye, represented the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, on a high-level industry panel. Speaking during a session titled “Local Capability, Leadership and New D...

By Ali Elias LAGOS — Senior executives of Seplat Energy Plc have increased their ownership interests in the indigenous energy company after exercising more than 2.67 million vested shares under the firm's Long-Term Incentive Plan (LTIP), a move that further aligns management interests with those of shareholders. The company disclosed that its Chief Executive Officer, Roger Brown, and Chief Financial Officer, Eleanor Adaralegbe, exercised a combined 2,671,668 vested ordinary shares arising from incentive awards granted between 2021 and 2023 under Seplat's 2014 Long-Term Incentive Plan. According to a regulatory filing signed by Seplat's Director, Legal and Company Secretary, Edith Onwuchekwa, the transaction was executed in accordance with the company's remuneration framework a...

Just over seven months from completing phase one of this mega-project, Chinese engineers have finished the build and switched on the world's first underwater data center (UDC) powered by offshore wind turbines. What's more, it doesn't need freshwater and cuts land use by more than 90% compared with above-ground centers We reported on the big build in October 2025, when the first stage had been constructed. At the time, there was no projected timeline for it to become operational. The underwater infrastructure, off the coast of Shanghai in the Lin-hang Special Area, was officially switched on in late May, and it's far more impressive than it may sound on paper. Data centers don’t need freshwater to function – but it remains the simplest cooling option, as it puts fewer deman...

By PR The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omotsola Ogbe on Monday attended the 46th extraordinary ministerial meeting of African Petroleum Producers’ Organization (APPO).  At the meeting which held virtually, the Nigerian delegation reiterated the country’s commitment to the African Energy Bank’s formal commencement of operations. The meeting was chaired by President of APPO, who is also Côte d’Ivoire’s Minister of Mines, Petroleum and Energy, Mamadou Sangafowa-Coulibaly, with the Secretary General of APPO, Mr. Farid Ghezali in attendance. Engr. Ogbe serves as an Executive Board member of APPO, representing Nigeria. Pa...

Courtesy: Getty Images By Rareview Energydesk For decades, China has been known as the world's largest consumer of coal, accounting for more than half of global coal usage. Yet, in a striking paradox that reflects the country's evolving energy strategy, China is simultaneously leading one of the world's most ambitious renewable energy expansions. Nowhere is this transformation more visible than on the high-altitude plains of Qinghai Province on the Tibetan Plateau, where vast solar installations stretching to the horizon are doing far more than generating electricity. They are helping to reshape fragile ecosystems, support local livelihoods and challenge long-held assumptions about the relationship between renewable energy and land use. At the centre of this transformation ...