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A consortium of two US firms, Sterling and Wilson Solar Solutions and Sun Africa, have signed a memorandum of understanding with the Nigerian government to develop, design and commission 961MW of solar PV projects along with 455MWh of battery storage.

Supermajor Shell has acquired Nigerian commercial and industrial (C&I) developer Daystar Power for an undisclosed sum. The Lagos-headquartered firm’s co-founders and management team will remain in situ. Daystar also announced plans to expand into southern and eastern African markets.

Nigeria’s Starsight Energy and South Africa’s SolarAfrica have announced plans to merge in a deal which, if approved by regulators, will join two of Africa’s largest commercial and industrial (C&I) renewable power developers into a pan-continental player with a portfolio of over 220MW of operated and signed generation capacity.

A memorandum of understanding (MoU) was signed on 15 September between Morocco’s Office National des Hydrocarbures et des Mines (Onhym), Nigerian National Petroleum Company (NNPC) and the Economic Community of West African States (Ecowas) to progress the 7,000km Nigeria-Morocco Gas Pipeline (NMGP) project.

London AIM-listed Savannah Energy’s Nigeria-based subsidiary Accugas has signed an agreement with Notore Chemical Industries to supply the Onne, Rivers State-based company with up to 10 mcf/d of gas for one year, with the option to extend the deal.

Seplat Energy’s $1.6bn acquisition of ExxonMobil’s Nigerian shallow-water assets faces the very real prospect of being blocked after Nigerian National Petroleum Company (NNPC) won a court decision temporarily blocking the US major from selling its Mobil Producing Nigeria Unlimited assets to the ambitious London- and NGX-listed independent

TotalEnergies announced the start of production from the shallow-water Ikike field on 25 July. The French major is the operator of OML 99, with a 40% interest, alongside Nigerian National Petroleum Company (NNPC, 60%).

Central Bank of Nigeria (CBN) filed a motion in the Federal High Court in Lokoja, Kogi state on 20 July asking for restrictions to be placed on the bank accounts of ten meter asset providers (MAPs) who it claimed had diverted funds provided under the Nigerian Mass Metering Programme (NMMP).

“We are transforming our petroleum industry”, President Muhammadu Buhari told a 19 July event in Abuja to launch Nigerian National Petroleum Company (NNPC Ltd) – the limited liability commercial company which is replacing the wholly state-run NNPC corporation. An ebullient Buhari spoke about the emergence of “a commercial oil company with over 200m shareholders with integrity and excellence”.

The completion by Norway’s PetroNor E&P of the acquisition of Panoro’s minority stake in Offshore Mining Lease (OML) 113 in offshore Nigeria in mid-July has paved the way for the commercialisation of a gas field that is estimated to have reserves of 1.1tcf.

The Economic Committee of West African States (Ecowas) inaugurated the Nigeria segment of its regional off-grid electricity access project (Rogeap) in Abuja on 19 July. The project, which was initially launched in 2017, was restructured with additional financing and relaunched in 2020.

Commodity trading giant Vitol is setting up a joint venture with the Nigeria Sovereign Investment Authority (Nsia) to invest in carbon reduction and offsetting programmes. Nsia chief executive Uche Orji said the new venture would provide “an enabling platform to trade carbon credits”.

With over 7.4GW of engine capacity installed across 45 countries, Helsinki-headquartered Wärtsilä reports progress on its own co-developed power projects in four sub-Saharan markets – Nigeria, Gabon, Mozambique and Malawi – as well as for a range of engineering, procurement and construction (EPC) work for gas-to-power (GTP) schemes.

The Russian invasion of Ukraine has overturned global calculations about natural gas supply, especially in Europe, meaning projects previously thought unfeasible are now making progress. One possible beneficiary is the Nigeria-Morocco Gas Pipeline, strongly pushed by King Mohammed VI and supported by his friend President Muhammadu Buhari, which could now undergo a radical change to supply the European network.

Following initial overtures, the decision to co-develop the Nigeria-Morocco Gas Pipeline as a gas superhighway linking Nigeria and other gas producers with over a dozen markets along its route – and inland to supply landlocked countries via spurs – was agreed by King Mohammed VI and President Muhammadu Buhari, during the Moroccan monarch’s late 2016 state visit to Nigeria.