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Firm begins pipe threading, valve assembly project

Firm begins pipe threading, valve assembly project

Technology
Bell Oil and Gas Limited has broken ground on a pipe threading and valve assembly project in Lekki Free Trade Zone. The integrated facility will provide a range of piping and tubular services for the nation’s oil and gas industry, according to a statement on Sunday. The company said the facility would also have a valve assembling plant, maintenance workshop, testing plant, a composite fabrication facility and also serve as a befitting fabrication yard in general. The Executive Secretary, Nigerian Content Development and Monitoring Board, Mr Simbi Wabote, was quoted as saying at the groundbreaking ceremony on Thursday that the project would reduce the country’s dependence on importation of threaded pipes into the country. Wabote, who was represented by the Director, Monitoring and Evalu...
Power generation hits 4,312MW, 16 plants record increase

Power generation hits 4,312MW, 16 plants record increase

Technology
Electricity generation in the country rose by 979.2 megawatts on Sunday to 4,312.1MW as 16 power plants saw an increase in their output. The number of idle plants dropped to nine as of 6am on Sunday from 11 at 6am on Saturday, when power generation stood at 3,332.9MW, according to data obtained from the Nigerian Electricity System Operator. The plants that did not generate any megawatts of electricity as of 6am on Sunday were Afam IV & V, Sapele II, Alaoji, Olorunsogo II, Ihovbor, Gbarain, Ibom Power, AES and ASCO. Sapele I and Omotosho II, which were idle as of 6am on Saturday, generated 36MW and 26.1MW on Sunday. The nation generates most of its electricity from gas-fired power plants, while output from hydropower plants makes up about 30 per cent of the total generation. Genera...