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January 30, 2021
FG commits $670m on $3.5bn Brass Methanol Plant construction On …China, AfDB, others to raise 70% total cost …Targets 35,000 jobs By Prince Okafor The Federal Government has committed an equity investment of $670m for the construction of 10,000 tonnes per day methanol production plant by the Brass Fertiliser and Petrochemical Company Ltd (BFPCL). This came as the two Federal Government’s agencies involved in the project, Nigerian National Petroleum Corporation, NNPC, Nigerian Content Dev...
January 28, 2021
Advertisement Transborders Energy Pty Ltd has announced that it has signed a multi-party and multi-project FLNG solution framework agreement with the following entities for co-pursuing the deployment of Transborders’ FLNG solution on a range of stranded offshore gas resource opportunities. This FLNG Framework Agreement is a first-of-its-kind collaborative arrangement among world class EPCI and O&M contractors, investors and LNG offtakers to collectively commercialise a series of discovered bu...
January 22, 2021
New Clark airport terminal handed over to private operator TED CORDERO, GMA News © BCDA New Clark airport terminal handed over to private operator The newly completed passenger terminal building of the Clark International Airport has been turned over to a private consortium, which will operate the gateway for 25 years. In a ceremony at the airport site in Pampanga, Megawide-GMR Construction Joint Venture handed over the certificate for the completion of the Clark Internatio...
January 17, 2021
Siemens Gamesa wins 117GW order in Vietnam MUNICH, January 17, 2021 Siemens Gamesa, a leader in the renewable energy industry, has secured its largest order to date in Vietnam for a 117 MW wind farm following a series of both onshore and nearshore projects announced in 2020. The latest addition of a 117 MW wind project in onshore reinforces Siemens Gamesa as one of the leading players in Vietnam’s fast-growing wind industry. Located in the Ninh Thuan province, the Hanbaram wind farm is the ...
January 15, 2021
Siemens Gamesa wins its largest onshore wind farm order in Vietnam The 117 MW project reinforces Siemens Gamesa as a frontrunner in Vietnams fast-growing renewable energy market. Siemens Gamesa will supply 29 units of its Siemens Gamesa 4.X platform in the 145 meters rotor diameter variant to new local independent power producer Hanbaram Wind Power. The wind farm will generate enough electricity for close to a quarter of a million people in the Ninh Thuan province. Press contact Siemens Gamesa ...
December 16, 2020
Oliver Andrews: Tempered by ice and fire Facebook New African Editor Anver Versi seeks out the person behind the persona. Oliver Andrews, Executive Director and Chief Investment Officer at the Africa Finance Corporation (AFC), is retiring at the end of the year. He has successfully directed, developed and invested in numerous infrastructure deals in Africa, with a total value of over $40bn, and overseen some of the most significant projects on the continent. He is a Fellow of the Chartered Ins...
December 16, 2020
Punch Newspapers Sections Okechukwu Nnodim, Abuja China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced on Tuesday. Minister of Finance, Budget and National Planning, Zainab Ahmed, and Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, announced this during the inspection of the project in Ajaokuta, Kogi State. The AKK pipeline project, flagged off in July thi...