Tag: Chairman

‘$800m Last Tranche Paid,’ Seplat Now Nigeria’s Largest Independent Energy Firm

ADEOLA YUSUF

How Mobil Producing Nigeria Unlimited (MPNU) acquisition from ExxonMobil more-than doubled production and positioning of company + The rough journey to largest: Platforms Africa chronicles how Seplat scales the hurdle Detailed guidance for the enlarged group to be published in 2025     Seplat Energy PLC has completed its acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil (MPNU) with payment of $800 million. The transaction is transformative for Seplat Energy, more than doubling production and positioning the company to drive growth and profitability, whilst contributing significantly to Nigeria’s future prosperity. Platforms…

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‘Weed Them Out,’ PETAN Exposes Antics of Oil Sector’s ‘Middlemen Businesses’

Aliyu Aliyu

. ‘How they (‘middlemen businesses’) cast shadow on the competencies and integrity of Nigerian oil and gas operators,’ PETAN’s Wole Ogunsanya talks on deepening ties with NCDMB, NUPRC   Petroleum Technology Association of Nigeria (PETAN) has reaffirmed its commitment to Support the federal government’’s effort to weed out ‘Middlemen Businesses’ ,as it advocates for local content in the nation’s oil production. Platforms Africa reports that PETAN Chairman and CEO, Geoplex Drillteq Limited , Engr. Wole Ogunsanya, made the statement while speaking during a panel session where he was one of…

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Why TotalEnergies Remained Only Multinational Standing, Leader in Decarbonisation In Nigeria – MD

ADEOLA YUSUF

Expect good result, firm whets shareholders ‘ appetite at Cocktail Party +PHOTOS   Expect Extemely Good Result, TotalEnergies Marketing Nigeria on Wednesday declared to its Shareholders as it hosted them to a cocktail party ahead of its 45th Annual General Meeting (AGM). The Managing Director of TotalEnergies Marketing Nigeria Plc, Dr. Samba Seye, who said this, maintained that company remained only multinational standing in Nigeria, and the leader in decarbonisation based on its belief in Nigeria. READ ALSO: Nigeria Blows N11.35trn On Refineries In 13 Years – Panel N557 Per…

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Meter Manufacturers Seek Government Support

Abibat Babalola

In other to boost electricity meter usage and encouraged local content driven, the Momas Electricity Meters Manufacturing Company Ltd. (MEMMCOL), has called on the Federal Government to increase its support and encouragement to indigenous meter manufacturers, to bridge the nation’s metering gap. Chairman, MEMMCOL Kola Balogun, made the appeal at the graduation ceremony of 10 youths on a five-week Printed Circuit Board (PCB) training course in Lagos. It would be recalled that the Nigerian Electricity Regulatory Commission (NERC) said that the country’s metering gap currently stands at over five million.…

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After Platforms Africa’s Report Buhari Sets up 14 Man Committee on Fuel Crisis

ADEOLA YUSUF

Platforms Africa had exposed the fuel crisis and “conspiracy of silence” in a report on Wednesday, January 18, 2023   President Muhammadu Buhari has constituted a 14-man Steering Committee on Petroleum Products Supply and Distribution management to find a lasting solution to disruptions in the supply and distribution of petroleum products. This came seven days after the Platforms Africa exclusive report detailing hike in prices of the product and “conspiracy of silence” over the crisis. READ ALSO: Petrol Hits N400 Per Litre In Lagos, Nigerians Query ‘Media Silence’ BREAKING: Gov…

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Ogun Hints At Recruitment Into Civil Service

Gbenga Adeoti

The Chairman, Ogun State Civil Service Commission, Tokunbo Odebunmi, has said the Prince Dapo Abiodun-led administration will continue to ensure prompt recruitment into the State Civil Service to fill up available vacancies. A statement by his Press Officer, Mrs Fatimah Alatishe, said he spoke during an interview with journalists at the Staff Development Centre, Abeokuta, while monitoring the Public Service Entrance Examination for candidates seeking employment into the post of state counsel. READ ALSO: Reps Order NNPC To End Petrol Scarcity Within 7 Days Ogun Speaks On Report It Pays…

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VGC Mall Owners Hold Inaugural Business Fair, Exhibition

Tade Salako

  In the spirit of the Yuletide, the owners of the Victoria Garden City Shopping Mall under the auspices of the VGC Mall Owners & Operators Association (VGCMOOA) have held their inaugural business fair & exhibitions. Platforms Africa reports that the essence of the fair and exhibition is to create awareness of the different goods and services provided by the 41 shop owners of the mall who reside in the city. READ ALSO: Reactions As Man Divorces Wife Because ‘She Is Too Beautiful’ CBN Limits Cash Withdrawals At Bank, POS…

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A Review of Africa’s Fuel Market, By DAPPMAN Chairman

Mrs. Winifred Akpani

Here is the full address by Mrs. Winifred Akpani, Chairman, Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) on how downstream oil subsector is faring in Africa     TOWARDS A SUSTAINABLE DOWNSTREAM SECTOR FUELED BY A LEVEL-PLAYING FIELD AND SEAMLESS COLLABORATION Being address by Mrs. Winifred Akpani, Chairman, Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN) at the DAPPMAN Secretariat in Lagos, on November 8, 2022 Over the last year, the African Downstream sector has gone through significant changes. Just as the recoveries from the Covid-19 pandemic…

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Naira Sinks To N860/Dollar, Alters Petrol Depot Dynamics

ADEOLA YUSUF

DAPPMAN seeks official forex access, assures Nigerians of Fuel crisis-free Yuletide   The acute shortage of foreign exchange (forex) in the official market has pushed naira to N860 against a Dollar at the parallel market, altering dynamics for the importation, distribution and marketing of Premium Motor Spirit (PMS) also known as petrol. Platforms Africa reports that the Chairman, Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), Dame Winifred Akpani, who disclosed this during a press briefing by its Governing Council in Lagos, called on the government to give petroleum…

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How Three Okrika Communities Found Common Ground in Petralon 54 Limited

ADEOLA YUSUF

In a remarkable show of acceptance, Ogoloma, Okochiri and Koniju communities in Okrika Local Government, Rivers State, have found common ground in Petralon 54 Limited, an indigenous oil exploration and production company, recently granted the sole operatorship of the Dawes Island Field Petralon 54, which was awarded Petroleum Prospecting License No. 259 (PPL 259) by the Federal Government of the Federal Republic of Nigeria in accordance with the Petroleum Industry Act, 2021, have been actively engaging the community since the award, with the motive of discovering the needs and pain…

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