Afreximbank Archives | Energy Voice

Nigeria has approved $1.5 billion of funding for Tecnimont to overhaul the Port Harcourt refining complex.

Nigeria approves funding for Tecnimont refinery work

22/03/2021

Nigeria’s Federal Executive Council (FEC) has approved spending $1.5 billion to rehabilitate the Port Harcourt refinery.

SPDC has announced the completion of the sale of its stake in OML 17 to local Transcorp-affiliate TNOG for $533mn.

E&P

Shell sells OML 17 stake for $533mn

15/01/2021

by Ed Reed

Shell Petroleum Development Co. (SPDC) has sold its 30% stake in OML 17 to TNOG Oil and Gas, for $533 million.

The Abuja-based AEICORP fund faces a tough challenge of backing resource development while IOCs are moving towards the energy transition.

E&P

Buhari welcomes AEICORP to Abuja

27/11/2020

by Ed Reed

The African Petroleum Producers’ Organisation (APPO) may be moving its headquarters to Congo Brazzaville but the African Energy Investment Corp. (AEICORP) will be based in Nigeria’s capital, Abuja.