Transcorp Acquires Afam III Power Plant

Transcorp Consortium has completed a 100 per cent acquisition of Afam Power Plc and Afam III Fast Power LimitedThe acquisition cost stands at ₦105 billion ($274 million) for the 966MW …

NNPC/FIRST E&P JV achieves production in OMLs 83/85

The Nigerian National Petroleum Corporation (“NNPC”) and FIRST Exploration and Petroleum Development Company (“FIRST E&P”) Joint Venture is pleased to announce the commencement of oil production from the Anyala West …