Nigeria has issued permits to 28 companies under its Gas Flare Commercialisation Programme to end routine flaring, cut emissions, and monetise wasted gas. The initiative targets up to $2 billon investment, 3GW power generation, 100,000 jobs, and cleaner energy access.
The NNPC/Heirs Energies OML 17 Joint Venture advanced Nigeria’s gas commercialisation and environmental goals with the signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks.
Drydocks World has completed the full conversion and integration of the EMEM Floating Production Storage and Offloading (FPSO) vessel, delivering a key offshore asset to support production at Nigeria’s Okwok field and advance the country’s energy development and self-reliance goals.
Shell Nigeria Exploration and Production Company (SNEPCo) and Sunlink Energies have finalised investment in the HI gas project offshore Nigeria. The project will supply 350 million standard cubic feet of gas daily at peak production to Nigeria LNG, enhancing global liquefied natural gas exports.
AD Ports Group has signed an agreement with Nigeria to explore co-operation in ports, logistics and maritime services as well as economic and free zones. It sets out a framework to assess investment and development opportunities across Nigeria’s ports and wider maritime ecosystem.
