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
In an era defined by rapid technological advancements and an increasing global commitment to sustainability, the recent meeting between ECN, the Ministry of Innovation Science and Technology, and a delegation from the Islamic Development Bank represents a landmark convergence of policy, finance, and engineering expertise. This pivotal engagement is set to redefine Nigeria’s energy and
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
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
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
In the world today, energy is not just a commodity—it’s the foundation that powers our daily lives, drives industries, and fuels economic progress. But what happens when energy becomes a scarce, unreliable resource? How can individuals and businesses overcome rising energy costs and the challenges of electricity access? These questions are particularly pressing for Nigerians,
Power outages have long been a thorn in the side of millions, particularly in countries like Nigeria, where access to reliable electricity is often limited, and the national grid is plagued by inefficiencies. But as global energy challenges intensify, one solution is emerging as the most reliable, sustainable, and transformative answer: solar and renewable energy.
The United Kingdom (UK) is currently grappling with a significant labour shortage that is affecting industries across the board, from agriculture to healthcare, construction to hospitality. This shortage has placed enormous strain on the nation’s economy, leading to concerns about the ability to maintain essential services and infrastructure. The shortage of workers has been particularly
The world of cryptocurrency is rapidly evolving, and 2025 promises to be a pivotal year for investors and enthusiasts alike. With Bitcoin having established itself as the leader of the digital currency market for over a decade, new developments are stirring up excitement. Experts are predicting that altcoins, the alternative cryptocurrencies to Bitcoin, are set
The advent of cryptocurrency has been one of the most transformative financial innovations in recent history, and Ethereum is at the heart of this revolution. While Bitcoin was the first to introduce the world to the possibilities of digital currency, Ethereum has taken things a step further with its introduction of smart contracts. These contracts,