Oil & Energy

Stakeholders Laud PINL For Oil Pipeline Safety

Published

7 months ago

May 12, 2025

Oil and Gas Stakeholders in the Niger Delta have expressed delight over the improved oil output from the region, attributing it to the activities of the Pipeline Infrastructure Nigeria Limited (PINL), the contracting firm providing security to the Trans Niger Pipeline (TNP).
The stakeholders, including the Nigeria National Petroleum Company Limited (NNPCL), insisted that the pipeline infrastructure in the region has been adequately covered thereby meeting up its target since the inception of the PINL.
Speaking at the One-Day Interactive Forum of Oil and Gas Host communities, organised in appraisal of PINL’s operations on the Trans Niger Pipeline, held in PortHarcourt, Thursday, the Director, Energy Security, Office of the National Security Adviser, Ojukaye Flag-Amachree, lauded the PINL, saying the company was operating in line with the mandate given to it by the Federal Government through the Office of the National Security Adviser .
Represented by Young Harry Amachree, Flag-Amachree said, “I want to personally appreciate PINL for the work they are doing. It was a mandate that was given to them by the President to secure the pipelines, and with your collaboration, what we are seeing today is impressive.
“This is a meeting of appraisal and I have listened to everyone and everyone is towing the same line with my thought and I want to say PINL, thank you for a job well done”.
Noting the economic implications of pipeline safety, Flag-Amachree said all hands must be on deck to drive the economy forward.
He said, “when the treasury of the nation drops, it affects Nigerians and so when it comes to securing the pipelines, everyone of us must put our hands together to achieve our common goal.
“We have prosecuted more than 100 suspects as of today and some serving prison terms.
“The teams are working 24 hours to make sure that those involved in this illegal activity are dealt with according to the law. So, I’m giving you the assurance that whatever information you have about these vandals, please don’t hesitate to call our attention to apprehend them.”
On his part, the Head, Field Operations, Eastern Corridor, Project Monitoring Office, NNPCL, Engr. Akponine Omojevwe, commended PINL for its efforts which has led to improved output on the Trans Niger Pipeline.
Omojevwe said, “we want to appreciate you, the PINL, because from what we have observed, a lot has really changed. If we look at the tender receipts of 2 years ago, there are lots of improvement, so we can say that you have done well and we appreciate you”.
While calling for more efforts by the PINL, Omojevwe said, “so, from our side, we are saying that for PINL to do very well, it depends on you also. It must be a collaborative effort. Everybody is involved so long as this surveillance is involved”.
Also speaking, the President, Movement for the Emancipation of Izon Ethnic Nationality, Dr. Kennedy West, expressed gratitude for surveillance activities of the PINL.
“I want to thank PINL for bringing people from 215 communities within the Trans Niger Pipeline to discuss on what used to be wrong and I want to say, PINL you are getting it right.
“Not only that you have our thumps up, but we are using this medium to reiterate a vote of confidence on Pipeline Infrastructure Nigeria Limited. We are not just saying that but we are using this medium to also call on NNPCL to do an upward review of the contract based on current realities so that there will be financial boom within the communities”, West stated.
Earlier in his remarks, the Community Relations Consultant, PINL, Dr. Akpos Mezeh, said the essence of the engagement was to appraise the company’s activities in the Communities for the years and seek ways of improvement.
According to him, PINL’s mandate to protect the Trans Niger Pipeline has been achieved through engagements with the host communities calling for a united front against pipeline vandalism.
Reeling the activities of the company, Mezeh said, “We have carried out social investments based on needs assessment done mitigating the socio-economic drivers of oil theft while promoting sustainable empowerments of our communities.
“We have also ensured that we restore the environment hitherto destroyed by incessant crude oil theft with the associated hazards.
“Also, we have achieved near-zero infractions on the Trans Niger Pipeline and, of course, that is giving us increased crude oil production and has boosted investors’ confidence in our economy with the attendant revenue increase.

By: Lady Godknows Ogbulu

Oil & Energy

TotalEnergies, Conoil Sign Deal To Boost Oil Production

Published

2 weeks ago

November 24, 2025

The Tide

TotalEnergies has signed agreements with Conoil Producing Limited under which to acquire from Conoil a 50 per cent interest in Oil Processing Licence (OPL) 257, a deep-water offshore oil block in Nigeria.

The deal entails Conoil also acquiring a 40 per cent participating interest held by TotalEnergies in Oil Minining Lease (OML) 136, both located offshore Nigeria.

Upon completion of this transaction, TotalEnergies’ interest in OPL257 would be increased from 40 per cent to 90 per cent, while Conoil will retain a 10% interest in this block.

Covering an area of around 370 square kilometres, OPL 257 is located 150 kilometers offshore from the coast of Nigeria. “This block is adjacent to PPL 261, where TotalEnergies (24%) and its partners discovered in 2005 the Egina South field, which extends into OPL257.

Senior Vice-President Africa, Exploration & Production at TotalEnergies, Mike Sangster, said “An appraisal well of Egina South is planned to be drilled in 2026 on OPL257 side, and the field is expected to be developed as a tie-back to the Egina FPSO, located approximately 30 km away.

“This transaction, built on our longstanding partnership with Conoil, will enable TotalEnergies to proceed with the appraisal of the Egina South discovery, an attractive tie-back opportunity for Egina FPSO.

“This fits perfectly with our strategy to leverage existing production facilities to profitably develop additional resources and to focus on our operated gas and offshore oil assets in Nigeria”.

Oil & Energy

“COP30: FG, Brazil Partner On Carbon Emissions Reduction

Published

2 weeks ago

November 24, 2025

The Tide

The Federal Government and Brazil have deepened collaboration on climate action, focusing on sustainable agriculture, renewable energy, and the reduction of black carbon emissions.

The partnership is anchored in South-South cooperation through the Brazil-Nigeria Strategic Dialogue Mechanism, which facilitates the exchange of ideas, technology, and policy alignment within the global climate framework, particularly the Paris Agreement.

The Executive Secretary, Amazon Interstates Consortium, Marcello Brito, made the disclosure during an interview with newsmen, in Abuja, on the sidelines of the 2025 COP30 United Nations Climate Change Conference, held in Belem, Brazil.

Brito emphasized that both nations are committed to global efforts aimed at curbing black carbon emissions, a critical component of climate mitigation strategies.

“Nigeria and Brazil are collaborating on climate change remedies primarily through the Green Imperative Project (GIP) for sustainable agriculture, and by working together on renewable energy transition and climate finance mobilisation,” Brito said.

“These efforts are part of a broader strategic partnership aimed at fostering sustainable development and inclusive growth between the two Global South nations,” Brito added.

TheTide gathered that President Bola Ahmed Tinubu announced an ambitious plan to mobilize up to $3 billion annually in climate finance, through its National Carbon Market Framework and Climate Change Fund, positioning itself as a leader in nature-positive investment across the Global South.

Represented by the Vice President, Senator Kashim Shettima, Tinubu made the announcement during a high-level thematic session of the conference titled ‘Climate and Nature: Forests and Oceans’

Tinubu stressed that Nigeria’s climate strategy is rooted in restoring balance between nature, development, and economic resilience.

Hosted in the heart of the Amazon, on November 10—21, the 30th COP30 conference brought together the international community to discuss key climate issues, focusing on implementing the Paris Agreement, reviewing nationally determined contributions (NDCs), and advancing goals for energy transition, climate finance, forest conservation, and adaptation.

Oil & Energy

DisCo Debts, Major Barrier To New Grid Projects In Nigeria ……. Stakeholders

Published

2 weeks ago

November 24, 2025

The Tide

Energy industry leaders and lenders have raised concerns that the high-risk legacy debts of Distribution Companies (DisCos) and unclear regulatory frameworks are significant barriers to the financing and development of new grid-connected power projects in Nigeria.

The consensus among financiers and power sector executives is that addressing legacy DisCo debt, improving contractual transparency, and streamlining regulatory frameworks are critical to unlocking private investment in Nigeria’s power infrastructure.

Speaking in the context of new grid-connected power plants, during panel sessions at the just concluded Lagos Chamber of Commerce and Industry (LCCI) Power Conference, Senior Vice President at Stanbic IBTC Infrastructure Fund, Jumoke Ayo-Famisa, explained the cautious approach lenders take when evaluating embedded or grid-scale power projects.

Ayo-Famisa who emphasized the critical importance of clarity around off-takers and contract structures said “If someone approaches us today with an embedded power project, the first question is always: Who is the off-taker? Who are you signing the contract with?” . “In Lagos State, for example, there is Eko Electricity and Excel Distribution Company Limited. Knowing this is important,” she said.

She highlighted the nuances in contract types, whether the developer is responsible just for generation or for the full chain, including distribution and collection.

“Collection is very important because you would be wondering, ‘is the cash going to be commingled with whatever is happening at the major DISCO level, is it ring-fenced, what is the cash flow waterfall,” she stated.

Ayo-Famisa pointed out that the major stumbling block remains the “high leverage in the books of the legacy DisCos.” Incoming project financiers want to be confident that their cash flows won’t be exposed to the financial risks of these indebted entities. This makes clarity on contractual relationships and cash flow mechanisms a top priority.

Noting that tariff clarity also remains a challenge, Ayo-Famisa said “Some states have come out to clearly say that there is no subsidy; some are saying they are exploring solutions for the lower income segments. So, the clarity would be on who is responsible for the tariff, is this sponsored?, Can they change tariffs?, In terms of if their cost rises, they can pass it on, or they have to wait for the regulator.

“Unlike, what you find in the willing seller-willing buyer, where they negotiate and agree on their prices. Now they are going into grid, there is Band A, Band B, if my power goes into, say, Ikeja Electric, or I have a contract with them, “am I commingled with whatever is happening across their multiple bands?”

Also speaking, Group Managing Director and CEO of West Power & Gas Limited, Wola Joseph Condotti, stressed the dual-edged nature of decentralization in the power sector.

“Of course, decentralization brings us closer to the people as the jurisdiction is now clear. You also know that your tariff would be reflective of the type of people living in that environment. You cannot take the Lagos tariff to Zamfara, and this is what has been happening before now in the power sector. So, decentralization brings about a more customized solution to issues you find on the ground.

“Some of the issues I see are those that bother on capacity. It was a centrally run system that had 11 DISCOs. Of the 11 DISCOs, I think there are 3 or 4 of us today that are surviving or alive, if I may put it that way. If you go to electricity generation companies, they are doing much better,” she said.

Condotti highlighted regulatory overlaps as another complication, especially when power generation or distribution crosses state lines.

She said, “Investors would definitely have a problem. Say if you have a plant in Ogun State supplying power to another state, say Lagos State; you are automatically regulated by NERC. But the truth is that the state regulator of Ogun State and Lagos State wants you to comply with certain regulatory standards.”

With the growing demand for reliable electricity and an urgent need for infrastructure expansion, the ability to navigate these complex financial and regulatory landscapes would determine the pace at which new grid-connected power projects can be developed.