His Excellency, President Bola Ahmed Tinubu GCFR, has approved a targeted fiscal incentive designed to unlock the longawaited Final Investment Decision (FID) on the Bonga Southwest Aparo (BSWA) deepwater project, marking a milestone in Nigeria’s ongoing drive to attract strategic investments and accelerate sustainable economic growth. The project is estimated to attract about $20 billion in Foreign...
Category: Oil and Gas
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Potential Power Fluctuations Expected as Seplat Energy Begins Scheduled Gas Plant Maintenance
‎J. Adaralegbe Abuja‎‎ABUJA – Nigerians may experience a temporary dip in electricity supply this week as Seplat Energy Plc commences a four-day scheduled maintenance on its major gas production facilities.‎The maintenance exercise, which began today, February 12, is expected to run through February 15, 2026. Seplat Energy, a key Joint Venture partner of NNPC Ltd,...