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Africa Oil Week 2021: Sahara Group Advocates Measured Transition In Africa’s Upstream Sector

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Moroti Adedoyin-Adeyinka, Exectuive Director, Sahara Group.

Olushola Okunlade Writes

A strong delegation from leading energy conglomerate Sahara Group will canvass the adoption of an “Africa appropriate” transition agenda in the continent’s upstream sector at the Africa Oil Week in Dubai, Executive Director, Moroti Adedoyin-Adeyinka has said.

Adedoyin-Adeyinka said the event which kicks off on November 8 needs to consider the disparate development level in Africa when discussing how best the continent and its global partners should approach the desirable goal of the energy transition. “We need to have realistic goals and milestones that will ultimately enhance energy transition in Africa in a manner that leaves no one behind. Sahara Group as a foremost promoter of access to energy and sustainable environments is delighted to join other African and global stakeholders to help shape a sustainable future for upstream business in Africa, she said.

According to her, a “responsible and cleaner” production and consumption of energy in Africa holds the key to unlocking economic prosperity on the continent. “We are increasingly witnessing a paradigm shift in oil and gas policies and operations in Africa, and this is commendable. How and when Africa achieves energy transition remains a huge talking point for the world at large and we need to keep the conversation going at AOW and other platforms. We envision that desired future at Sahara Group, and we are already aligning our operations, investments, and partnerships in this regard,” she added.

Scheduled to speak on “Diversity and Inclusion”, Adedoyin-Adeyinka will be joined by Henry Menkiti, Chief Operating Officer, Asharami Energy (a Sahara Group Upstream Company), Nicolas Mignot, Chief Financial Officer, Sahara Energy Int’l Geneva, Kola Motajo, Vice President, Treasury, Sahara Energy Int’l Geneva, Andrew Laven, Chief Operating Officer, Sahara Energy Resources, Dubai, and Temitope Olagbami, Head, Corporate Finance, Sahara Group.

Moroti Adedoyin-Adeyinka, Exectuive Director, Sahara Group.
Moroti Adedoyin-Adeyinka, Executive Director, Sahara Group.

Menkiti, Mignot, and Laven will speak on panels focused on Safeguarding and Strengthening African Upstream Portfolios through Technology & Innovation, setting the green agenda, and evolution of financing. “Bringing energy to life responsibly is a brand promise that propels our operations across Africa, Asia, Europe, and the Middle East and we remain committed to using the agency of thought leadership to promote global access to sustainable energy,” Adedoyin-Adeyinka stated.

Now in its 27th year, the AOW is a global platform that facilitates conversations, investments, and thought leadership in Africa’s upstream sector, bringing together governments, national and international oil companies, independents, investors, and service providers.

The event will among other issues examine the role of diversity and inclusion within Africa’s energy transition, set the context for Africa’s energy transition, explore where the greatest impact be made within the hydrocarbon industry to address ESG goals and highlight how to promote traditional energy projects to green-minded investors and funds.

Oil & Gas

NLNG’s Bonny Plant Still In Operation

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NLNG Refutes Online Publication By Nigerian Daily

Olushola Okunlade Writes

Nigeria LNG Limited (NLNG) confirms that operations at its plant on Bonny Island are still active despite a Force Majeure declared in October 2022 and feed gas supply challenges.

The plant continues to produce LNG and LPG commensurate to the feed gas it receives from its upstream gas suppliers.

In addition to ensuring steady operation, NLNG remains committed to its culture of transparency and maintains consistent communication with key stakeholders on developments in the upstream sector.

The company is closely monitoring the resolution of supply challenges by all relevant parties.

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Shell, Milieudefensie To Pay €15 Million Compensation To N’Delta Farmers Over Oil Spills

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Industry Regulator Applauds Shell For Investing In Nigerian Gas Infrastructure

SHELL AND MILIEUDEFENSIE SETTLE LONG-RUNNING CASE OVER OIL SPILLS IN NIGERIA

Olushola Okunlade Writes

Following the judgments of the Court of Appeal of The Hague on 29 January 2021, Shell and Milieudefensie have negotiated a settlement for the benefit of the communities of Oruma, Goi, and Ikot Ada Udo in Nigeria, impacted by four oil spills that occurred between 2004 and 2007.

The settlement is on a no-admission of liability basis, and settles all claims and ends all pending litigation related to the spills. Under the settlement, The Shell Petroleum Development Company of Nigeria Ltd (SPDC), as operator of the SPDC joint venture, will pay an amount of EUR 15 million for the benefit of the communities and the individual claimants.

An independent expert has confirmed that SPDC, as operator of the SPDC joint venture, has installed a leak detection system on the 20” lines that form the KCTL Pipeline in compliance with the judgment of the Court of Appeal of The Hague, the Netherlands.

The parties agree that remediation has been completed and certified by relevant regulatory agencies in Nigeria in accordance with Nigerian law. The parties agree this also follows from the judgments of the Court of Appeal.

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Nigerian Gas Association Elects NLNG General Counsel And Company Secretary, Aka Nwokedi, Others As 2023-2024 Executive

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Nigerian Gas Association Elects NLNG General Counsel And Company Secretary, Aka Nwokedi, Others As 2023-2024 Executive

Olushola Okunlade Writes

Aka Nwokedi, General Counsel/ Company Secretary of Nigeria LNG Limited (NLNG) and former MD of NLNG Ship Management Limited (NSML), has emerged as President-Elect of the Nigerian Gas Association (NGA), leading the Executive Council to pilot and steer the affairs of the gas industry association for the next two years.

The election was conducted on 15th December 2022 as part of the Annual General Meeting of the Association which was held in Lagos.

Nigerian Gas Association Elects NLNG General Counsel And Company Secretary, Aka Nwokedi, Others As 2023-2024 Executive
Akachukwu Nwokedi, NLNG General Counsel And Company Secretary.

Aka Nwokedi who is a long-standing active member of the Association was the 1st Vice President before emerging as President-Elect. He has also over the years occupied several positions in the Association namely Legal Advisor, Secretary General, and Chairman, NGA Conference Committee.

The newly elected Executive Council will formally assume office during the Association’s International Conference which will hold in April 2023.

The NGA set up in 1999 is the umbrella professional body of the gas industry responsible for leading advocacy, promotion, and protection of the interest of the gas industry and players in Nigeria. 

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