Connect with us
Anglostratits

Business

Advancing Sustainable Oil and Gas (O&G) Investments: Savannah Energy Joins African Energy Week (AEW) 2023 as Bronze Sponsor

Published

3 years ago

on

Savannah Energy

The African Energy Chamber is proud to announce that Savannah Energy has joined the African Energy Week 2023 conference as Bronze Sponsor

JOHANNESBURG, South Africa, September 18, 2023/APO Group/ — 

As International Oil Companies divest from carbon-intensive oil and gas projects, independent players are taking on the challenge of sustainably developing hydrocarbons in Africa. Given the continent’s growing demand and industrialization efforts, bringing new oil and gas supplies on the market has become increasingly vital. Companies such as African-focused British-based independent energy company Savannah Energy Plc (“Savannah”) are spearheading efforts to unlock the full potential of Africa’s hydrocarbons, alongside utility-scale renewable energy projects across the continent, and are set to play a much larger role as African countries invite new investment into the energy sector.

Savannah has joined the African Energy Week (AEW) 2023 conference – taking place from 16–20 October in Cape Town – as a Bronze Sponsor, and will leverage the platform’s networking opportunities to connect with governments and policymakers. The event serves as the largest gathering of energy stakeholders on the continent, and offers sponsors and delegates alike the chance to sign strategic deals. Savannah’s CEO Andrew Knott and senior managers will speak at the conference this October, providing insight into the company’s development agenda, top priorities in the short- and long-term, and commitment to partnering with African countries in pursuit of energy security.

Representing a key driver of sustainable energy developments, Savannah’s participation at AEW 2023 will not only help showcase the opportunities for independents in Africa but will help promote the role oil and gas continues to play in making energy poverty history on the continent. Through sustainable and technology-led operations, companies such as Savannah are a testament to the commerciality and potential this industry offers. The company has an active footprint across the continent as well as plans to expand its presence even further. In December last year, Savannah announced its proposed US$1.25bn acquisition of PETRONAS International Corporation Limited’s entire oil and gas business in South Sudan, comprising interests in 64 producing fields.

In Nigeria, the company is active in both the up- and midstream oil and gas industries. The company’s upstream assets include two large-scale onshore oil and fields – Uquo (80%) and Stubb Creek (51%) – while in the midstream, holds a controlling 80% interest in Accugas, a business which operates a 200 million standard cubic feet per day processing facility and a 260km gas pipeline network. Accugas currently supplies approximately 24% of the country’s thermal power generation capacity.

Savannah’s primary focus is on participating in Projects that Matter in Africa

Meanwhile, in Niger, Savannah’s license interests cover approximately 50% of the country’s primary petroleum basin, the Agadem Rift Basin., while in Cameroon, Savannah owns an effective 41.06%1 interest in the Cameroon Oil Transportation System. As such, Savannah continues to position itself as a key E&P driver in Africa.

Further to these, Savannah’s investments in renewable energy projects in Africa underscores its commitment to sustainable energy. Through its renewable energy division, the company has announced up to 525 MW of hydroelectric, solar photovoltaic and wind energy projects on the continent to date. These include the up to 75 MW Bini a Warak Hydroelectric Project in Cameroon, which is set to provide clean, stable and affordable power to Cameroon’s northern region, where it is expected to increase on-grid electricity generation capacity by over 50%. Project sanction is expected in 2024 with first power targeted in the 2027 to 2028 window.

As a Bronze Sponsor at AEW 2023, Savannah will participate in exclusive networking and panel sessions, showcasing the company’s growth strategy. Savannah will promote the role the company plays in Africa’s just energy transition, and how an integrated approach to energy development will help bolster energy security.

“Savannah has emerged as a strong partner for Africa. Through its operations in Nigeria, Cameroon and Niger, and its planned operations in South Sudan, the company is dedicated to unlocking the full potential of African oil and gas while supporting the continent’s just energy transition,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC).

“Savannah’s primary focus is on participating in Projects that Matter in Africa. We want to meaningfully contribute to the economic development of the countries in which we operate through the development of businesses and projects that make a material difference to those countries. Lower income countries, where the need for low priced energy to deliver life changing economic growth is highest, will see hydrocarbons form a much greater part of their energy mix in the decades to come compared to the developed world. Therefore, we fully expect to continue to acquire, develop and operate hydrocarbon businesses and re-invest the cash flows we generate into both hydrocarbon and renewable energy projects for the benefit of our host countries. We firmly believe that Africa needs both hydrocarbons and renewables if it is to be given the opportunity to grow and lift ever more of its citizens out of energy poverty.” Andrew Knott, CEO of Savannah.

AEW is the AEC’s annual conference, exhibition, and networking event. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent’s entire energy industry. For more information about AEW 2023, visit www.AECWeek.com.

On 20 April 2023, Savannah announced that its wholly owned subsidiary, Savannah Midstream Investment Limited (“SMIL”), had signed a Share Purchase Agreement with the national oil company of Cameroon, Société Nationale Des Hydrocarbures (“SNH”) for the sale of 10% of the issued share capital in the Cameroon Oil Transportation Company (“COTCo”). Completion of the transfer of the shares from SMIL to SNH will result in SMIL’s shareholding in COTCo reducing from 41.06% to 31.06%.

Distributed by APO Group on behalf of African Energy Chamber.

Related Topics:
Continue Reading
Advertisement

Business

First WATT Renewable Limited and MTN Nigeria Launch Renewable Energy Infrastructure Programme for Critical Operations and Electric Vehicle (EV) Charging Sites

Published

6 hours ago

on

June 15, 2026

By

WATT Renewable Limited

The programme is expected to support the avoidance of an estimated 25,000 tonnes of carbon dioxide equivalent emissions (tCO ₂e) over five years, subject to operational performance and final emissions calculations

LAGOS, Nigeria, June 15, 2026/APO Group/ –First WATT Renewable Limited (www.WATTRenewables.com) and MTN Nigeria have announced a strategic renewable energy infrastructure partnership designed to reduce diesel dependence, improve operational resilience at MTN’s critical facilities and supply renewable energy systems to power electric vehicle charging infrastructure across selected MTN locations in Nigeria.

 

The programme comprises two major project components. The first is an Energy- as- a- Service deployment that will provide approximately 34 MWp of solar photovoltaic as a generation capacity and 40 MWh of battery energy storage across selected MTN facilities nationwide. These sites include data centres, switch facilities, cable landing stations, customer service centres and other network critical locations.

The second is the supply of renewable energy infrastructure to power 60 kW EV charging stations across eight MTN facilities located at Ikoyi, Matori, Ojota, Abuja, Port Harcourt, Asaba, Kano and Ibadan

Together, both components are designed to reduce dependence on diesel-based systems, lower operating emissions, support operational uptime, strengthen business continuity, and increase the contribution of renewable energy across MTN’s operational sites, including selected EV charging locations.

As digital demand continues to grow, reliable energy infrastructure remains critical to the performance of telecommunications networks and the wider digital economy. This partnership will support MTN Nigeria’s efforts to strengthen the resilience of critical operations while increasing the use of renewable energy across selected facilities.

This programme helps address one of the key requirements for wider EV adoption: reliable and cleaner energy supply

Based on current project assumptions, the programme is expected to support the avoidance of an estimated 25,000 tonnes of carbon dioxide equivalent emissions (tCO ₂e) over five years, subject to operational performance and final emissions calculations.

Commenting on the partnership, Oluwole Eweje, Chief Executive Officer of WATT Renewable Corporation, said:

“This partnership is a defining milestone for First WATT and an important step in strengthening the energy infrastructure that supports Nigeria’s digital economy. By deploying solar photovoltaic generation and battery energy storage across selected MTN facilities, we are helping to improve energy reliability at critical locations where uptime is essential.

“The EV charging component also demonstrates how renewable energy infrastructure can support Nigeria’s transition to lower-carbon mobility. By providing renewable power systems for EV charging sites, this programme helps address one of the key requirements for wider EV adoption: reliable and cleaner energy supply.”

Speaking on the initiative, Tobechukwu Okigbo, Chief Corporate Services and Sustainability Officer at MTN Nigeria, said:

“As Nigeria’s energy and mobility landscape evolves, renewable energy will play an important role in building cleaner and more reliable infrastructure. This partnership supports our efforts to reduce diesel dependence, improve operational efficiency, and strengthen the resilience of the systems that power connectivity.

“It is also aligned with Project Zero, under our Doing for Planet sustainability pillar, through which we are focused on reducing greenhouse gas emissions, improving energy efficiency, and increasing the use of renewable energy across our operations.”

Distributed by APO Group on behalf of WATT Renewable Corporation.

 

Continue Reading

Business

RusselSmith Formally Transitions to Arridex

Published

10 hours ago

on

June 15, 2026

By

Nigeria

The change reflects the significant expansion of the organisation’s capabilities and the breadth of industries it now serves

LAGOS, Nigeria, June 12, 2026/APO Group/ –Arridex (www.Arridex.com), formerly RusselSmith, recently announced its formal change of name, registered with the Corporate Affairs Commission of Nigeria. The change reflects the significant expansion of the organisation’s capabilities and the breadth of industries it now serves, which extend well beyond the oil and gas services with which it began operations in the early 2000s.

 

Founded as an asset integrity company serving Nigeria’s oil and gas sector, the organisation has grown into a multi-sector industrial technology group operating across oil and gas, maritime, aerospace, defence, construction, and manufacturing. Its subsidiaries cover engineering and construction delivery, autonomous systems development, and advanced technology products, in addition to its industrial additive manufacturing and asset integrity operations.

Arridex is the name of the company built over two decades and raised intentionally to enable industrial resilience in Africa

The organisation holds Pioneer Status in additive manufacturing, granted by the Nigerian Investment Promotion Commission (NIPC), and is the first company qualified by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for additive manufacturing deployment in the oil and gas sector. Both represent formal recognition of Arridex’s capabilities and its role in building indigenous industrial capacity at scale. With more than twenty years of continuous delivery, Arridex holds certification to ISO 9001:2015 and ISO 45001:2018, underpinning an integrated management system that governs its operations across all sectors, and has recorded zero lost time incidents across over seven million man hours of operations.

The name change coincides with a significant operational milestone. The Arridex Omnifactory, West Africa’s first multi-technology industrial additive manufacturing facility, has been commissioned in Lagos. The Omnifactory integrates multiple additive manufacturing technologies including Laser Powder Bed Fusion (L-PBF), Cold Spray, Fused Filament Fabrication (FFF), and Selective Laser Sintering (SLS) under one roof, enabling on-demand production of industrial components, spares, and improved part designs for critical industries. The Omnifactory’s large-format additive manufacturing capabilities also enable the production of large-scale structures, including full-size marine components. Its commissioning is the clearest measure of the distance that Arridex has travelled from its origins.

Africa’s critical industries have for decades depended on components and specialist expertise imported from outside the continent, with supply chains that routinely extend across multiple jurisdictions and lead times that affect operational continuity for asset owners when dealing with legacy parts. The Omnifactory manufactures industrial components and parts on demand in Lagos, helping to build operational resilience in critical industries.

Kayode Adeleke, Group Chief Executive Officer of Arridex, said: “The name RusselSmith defined what we were at the start. Arridex defines what we have built. The dependency of African industry on fragile supply chains is a structural problem that this continent has accepted for too long. The Omnifactory is a concrete answer to the challenge of manufacturing sovereignty. Arridex is the name of the company built over two decades and raised intentionally to enable industrial resilience in Africa.”

Arridex is a Designated Strategic Partner of the Commonwealth Enterprise and Investment Council (CWEIC) and serves clients across Nigeria and the wider African region. The organisation has a joint venture partnership with the Defence Industries Corporation of Nigeria (DICON) for military-grade additive manufacturing, is a member of the Manufacturers Association of Nigeria (MAN) and is also a member of the Defence Industries Association of Nigeria (DIAN). With the Omnifactory commissioning in June 2026, Arridex enters its next phase of operations under a name that reflects the full scope of what it has built.

Distributed by APO Group on behalf of Arridex.

Continue Reading

Events

New Quality, Shared Future – Beijing CBD Extends a Global Invitation for Cooperation

Published

10 hours ago

on

June 15, 2026

By

Beijing

If there are only three days to understand China’s economic development, Beijing CBD is a good place to start.
BEIJING, CHINA – Media OutReach Newswire – 12 June 2026 – In mid-June this year, 2026 Beijing CBD Forum Annual Conference will be held as scheduled. Nearly ten thousand participants from five continents will gather here, with international speakers accounting for more than 50% of the lineup. Yet the Forum is but a window; the true landscape worth the world’s attention lies just outside – the central business district itself.

“International Density” on Seven Square Kilometers

In the core area of Beijing CBD – a mere seven square kilometers – nearly 16,000 foreign-funded institutions and 125 regional headquarters of multinational corporations (MNCs) are located. This represents half of all MNC headquarters resources in Beijing.

This is no coincidence. The district is one of China’s most internationally oriented, service-rich, and mature international business zones. From law firms and consultancies to financial institutions, the world’s top professional services firms have formed a complete ecosystem here.

What makes the area even more valuable for overseas companies and organizations is that policies here are not just written on paper – they are embedded in actual processes.

From pilot schemes on cross-border data flows, to facilitated access for foreign financial institutions, to one‑stop service desks for international talent – Beijing CBD has long served as a pilot zone for institutional opening‑up. Foreign enterprises find that issues they encounter here tend to be addressed and resolved more quickly.

During this year’s Beijing CBD Forum annual conference, the Ambassadors’ Roundtable Dialogue will establish a regular communication mechanism, and the “International Delegations’ China Tour” will allow overseas business representatives and zone managers to conduct in‑depth site visits and exchange experiences. What is even more noteworthy, however, is that such exchanges are not confined to the Forum – they continue year-round here.

Beijing CBD: A Sincere and Pragmatic Invitation

Artificial intelligence, the digital economy, green technologies – these areas, known as “new quality productive forces,” are not empty buzzwords here. The Forum includes dedicated sessions on technological innovation, financial opening‑up, law-business integration, cultural industries, and international consumption. Yet what truly deserves the attention of potential international partners is the industrial foundation behind these topics.

Beijing CBD is home to the densest concentration of foreign financial institutions and cross‑border capital in China. A large number of tech companies are engaged in cross‑sector collaboration with traditional industries here. High‑end professional services – international law, arbitration, compliance – are highly concentrated, providing support for both inbound and outbound business activities. Moreover, as the starting area of the city’s international demonstration zone for law-business integration, the district continues to focus on strengthening the rule of law in commercial affairs, improving its legal services framework, enhancing the resolution of international commercial disputes, and fostering a stable, transparent, predictable, and internationally competitive business environment. In the future, Beijing CBD will build a one‑stop legal and commercial service platform that integrates legal, auditing, intellectual property and other professional resources to precisely serve companies going global and managing cross‑border operations.

Here, you will find that its vitality derives mainly from genuine business judgments about market opportunities. For enterprises, the cooperation logic here is predictable, commercial, and sustainable.

Beijing CBD is not merely a striking poster – it is a real‑world district where hundreds of thousands of business people move every day, thousands of foreign‑funded institutions operate, and countless cross‑border transactions take place.

If you are looking for a stable gateway to the Chinese market, or a high-level hub to connect global resources with local applications, it deserves your consideration.

The Forum’s 2026 annual conference lasts only three days. But Beijing CBD is open all year round.

 

 

Continue Reading

Trending