energy sector

EPCI Policy

Why Nigeria’s Latest EPCI Policy Could Transform the Oil and Gas Sector

Nigeria’s new Engineering, Procurement, Construction, and Installation (EPCI) policy is poised to reshape the oil and gas sector. This policy introduces stricter regulatory frameworks and emphasizes sustainability, local content, and technological advancement. For EPCI companies operating in Nigeria, these changes present both challenges and opportunities that could redefine industry standards and project delivery. One of

Read More
EPCI News

Shell Awards Major Offshore Contract to Saipem for Nigerian Deepwater Oil Field

Saipem, a global leader in offshore engineering and construction, has secured a major contract from Shell Nigeria Exploration and Production Company (SNEPCo) for the development of the Bonga North deepwater oil field offshore Nigeria. The contract, valued at approximately $900 million, marks a significant milestone in Nigeria’s offshore oil and gas sector and reinforces Saipem’s

Read More
EPCI News

TechnipFMC to Supply Subsea Production Systems for Nigeria’s Bonga North Development

Global energy services company TechnipFMC has been awarded a significant contract to supply subsea production systems for Shell’s Bonga North development offshore Nigeria. This deal reinforces TechnipFMC’s role as a key player in subsea technology and highlights the continued investment in Nigeria’s deepwater oil and gas sector. Contract Scope and Deliverables Under the contract, TechnipFMC

Read More
Project Update

Nigeria’s Domestic Gas Supply Predicted to Surge as Major Projects Near Completion

In a transformative period for Nigeria’s energy landscape, the domestic gas supply is poised to experience an unprecedented surge as several major projects near their final phases. Over the course of my twenty-five-year journey in the engineering, procurement, construction, and installation sectors, I have witnessed how strategic investments and meticulously executed projects can redefine an

Read More
EPCI News

Saipem Secures $900 Million EPCI Contract for Shell’s Bonga North Project in Nigeria

Saipem, a global leader in engineering, procurement, construction, and installation (EPCI) services, has secured a landmark $900 million contract for the development of Shell’s Bonga North project, located offshore Nigeria. This award further solidifies Saipem’s strong presence in deepwater operations and highlights its long-standing partnership with Shell in Africa’s energy sector. Project Overview The Bonga

Read More
Project Update

Nigeria’s Power Supply is Expected to Improve in 2025 and is Driven by Key Investments and Reforms

In recent years, Nigeria has embarked on an ambitious journey to transform its energy landscape, setting the stage for a power supply revolution anticipated to take shape in 2025. Having spent over two decades navigating the evolving fields of engineering, procurement, construction, and installation, I have observed how strategic investments and regulatory reforms can reinvigorate

Read More
Engineering

Top Electrical Engineering Firms and How to Choose the Best Partner for Your Project

The world of electrical engineering is vast, complex, and ever-evolving. From power generation and distribution to automation and renewable energy systems, the role of electrical engineering firms is critical in shaping the future of industries and infrastructure. For Nigerian engineers, project managers, and stakeholders in the EPCI (Engineering, Procurement, Construction, and Installation) sector, selecting the

Read More
Crypto News

KuCoin Pleads Guilty Agrees to Pay Nearly $300 Million in U.S. Crypto Case

The cryptocurrency industry has once again been shaken as KuCoin, one of the world’s largest crypto exchanges, pleads guilty and agrees to pay nearly $300 million in fines to U.S. authorities. This development marks another crucial moment in the tightening of regulatory frameworks around digital assets, presenting both challenges and new opportunities for crypto enthusiasts,

Read More