Energy
Offshore West Africa: A major instrument of growth
Joseph BAMIDELE
LAGOS-THE Offshore West Africa Conference & Exhibition, owned and produced by the PennWell Corporation, is delighted to introduce delegates, exhibitors and visitors to the upcoming 20th anniversary edition in Nigeria.
The first of its kind in West Africa, the event premiered in 1996 in Nigeria to an international audience of delegates, exhibitors and partners. Borne out of a need to provide a networking and technical knowledge sharing platform in the West African Oil & Gas sector, this annual event has grown from humble beginnings into the Oil & Gas phenomenal event it is today.
The Offshore West Africa Conference has over its rich 20-year history been instrumental to the growth of the Oil & Gas Sector globally by delivering a first class networking platform in West Africa and continues to do so. To mention a few, The paradigm shift in the Nigerian Oil & Gas Sector from land and swamp operations to Offshore Oil & Gas Exploration and Production, with the major International Oil and Gas companies delving into the use of FPSOs (Floating Production, Storage and Offloading Vessels) as the ‘new way’ in offshore E&P (Exploration & Production) operations in the last 15 years.
The Offshore West Africa forum has also played a significant role in showcasing new and relevant technologies that have been instrumental to the discovery and development of new and major offshore Oil & Gas Fields in West Africa as was the case with the Ghanaian Oil & Gas industry when hydrocarbon deposits were discovered in commercial quantities in the last 10 years.
“This in turn has attracted more international Oil & Gas companies to the West African Offshore E&P market as well as generate new frontiers in far off Asia for the manufacture of FPSOs, allied technology, products as well as requisite global training of manpower to operate new systems and operate in fresh markets.
Indeed, the Offshore West Africa Conference is truly indigenous to the countries where the forum has held over the years – as our continuous partnership with the Nigerian Content Development and Monitoring Board (NCDMB) and various similar institutions in the West African Oil and gas sector has proven.
International Trade Missions with global reaches such as the United Kingdom Trade & Investment Council (UKTI), the Scottish Development International (SDI) and the International Trade Council (ITC) as well as Regional Industry government heavyweights such as the Nigerian National Petroleum Corporation (NNPC), the Department of Petroleum Resources (DPR), the Ghana National Petroleum Corporation (GNPC), International Oil Companies – IOCs (such as Royal Dutch Shell, Total, Addax, Nigerian Agip Oil Company and Saipem), EPIC companies, major financial institutions operating in West Africa have also continuously partnered with the Offshore West Africa Conference over the years. This list is still growing.”
The report reads further that Foremost Institutions such as the African Energy Association, the Energy Institute Nigeria and Lonadek have also continued to partner with the Offshore West Africa Conference as Strategic Partners for the 20th annual Offshore West Africa in 2016. As featured during the Offshore West Africa 2015 conference, the Year 2016 conference will also feature a Continuous Development Programme for fresh engineers and a Youth Empowerment Programme for a stipulated number of university students from Ghana and Nigeria.
“These programmes will be run in conjunction with Lonadek and the Energy Institute’s Young Professionals Network and they form a part of PennWell’s overall corporate social responsibility initiatives. The programmes involve Career Counselling, Industry Related Awareness and an Empowerment Workshop.
As plans are being finalised towards the 20th anniversary edition of the Offshore West Africa Conference, the event promises to be better than ever.
Taking place on 26-28 January 2016 at the Eko Hotel & Suites, Lagos, Nigeria, Offshore West Africa will build on the success of the 2015 event, which also took place in Lagos and attracted a record breaking international audience of almost 2,400 leading oil and gas industry professionals from more than 30 countries worldwide.
The event will continue to feature a technical and strategic conference program developed by an Advisory Board comprised of leading industry experts, as well as an exhibition showcasing products, technologies and services from global and regional oil & gas companies, held concurrently, bringing together exhibitors and attendees from around the world for three days of education, networking and new business development.
Offshore West Africa is a truly West African event and addresses key technology and development issues for the West African offshore Oil and Gas market, through a comprehensive educational program and three-day exhibition and conference, with the 2016 event focusing on Positioning for a Sustainable Future as the core theme.
Offshore West Africa welcomes you to join in the celebrations as the event hosts its 20th anniversary celebrations, and will provide further news shortly on the announcement of new strategic partners, supporters, sponsors, exhibitors and speakers. “the report reads in part.
Energy
Shell Completes Turnaround Maintenance on FPSO, Resumes Production at Bonga
The Shell Nigeria Exploration and Production Company Limited (SNEPCo) has completed the turnaround maintenance on the Bonga Floating Production, Storage and Offloading (FPSO) vessel, leading to resumption of production at Nigeria’s premier deepwater field on March 6, 2026.
Biztellers reports that the project was delivered 11 days ahead of schedule and without any safety incident, reinforcing SNEPCo’s longstanding commitment to operational excellence and asset integrity.
“Completing the turnaround safely and ahead of schedule is a testament to the dedication and professionalism of our Nigerian workforce and the helpful support of our partners,” SNEPCo Managing Director Ronald Adams said. “The achievement not only secures the long‑term integrity of the Bonga FPSO but also positions us strongly for the successful delivery of the Bonga North project, which will leverage the improved reliability of the FPSO.”
The exercise which began on February 1, 2026, highlights SNEPCo’s leading role in advancing deep‑water expertise in Nigeria. Of the 55 companies involved in the execution, 43 were wholly Nigerian. Additionally, eight of the 12 international service providers maintain operational bases in Nigeria, contributing to knowledge transfer and increased local investments.
More than 1,000 personnel worked offshore during the turnaround, with over 95% being Nigerians involved in maintenance, engineering, operations, inspection and construction. Thousands more supported activities from onshore locations, reflecting the depth of Nigerian capability in offshore oil and gas operations.
Adams added: “We acknowledge the support of several stakeholders towards the successful execution of the exercise, including the NNPC Upstream Investment Management Services (NUIMS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the Nigerian Content Development and Monitoring Board (NCDMB) and our partners.”
Business
Sahara Group expands fleet with new 40,000 cbm LPG Carrier
Modupe Asudo
Sahara Group, a leading global energy and infrastructure conglomerate, has commissioned MT Asharami Ghana, a 40,000‑cubic‑metre Liquefied Petroleum Gas (LPG) carrier, expanding its fleet capacity, while strengthening Ghana’s clean energy supply chain and LPG distribution network.
The dual‑fuel vessel improves operational efficiency, enhances supply reliability, and supports lower‑emission LPG logistics as consumption grows across Ghana and the wider sub‑region.
Speaking at the commissioning in Ulsan, South Korea, President John Dramani Mahama described the vessel as “a significant milestone in strengthening the infrastructure that underpins the global LPG supply chain,” noting that expanded shipping capacity is critical to improving supply security, reliability and efficiency for countries that rely partly on LPG imports.
He commended Sahara Group, WAGL Energy and all partners involved for their “leadership, technical expertise and strategic foresight,” adding that the project reflects “the power of partnership” in advancing safe, efficient, and responsible energy distribution.
President Mahama wished the MT Asharami Ghana safe sails, expressing confidence that the vessel would inspire further investment and collaboration across Africa’s energy value chain.
According to Wale Ajibade, Executive Director, Sahara Group, the vessel supports Ghana’s clean energy ambitions through integrated infrastructure.
“MT Asharami Ghana is more than a vessel; it is part of a deliberate strategy to strengthen LPG supply security and support Ghana’s clean energy ambitions. It secures an additional 25,000-Metric-tonne stock security for the Ghana economy, alongside the soon to be commissioned 6000-metric-tonee of 12.000-metric-tonne land storage in Tema,” he said.
With the addition of Asharami Ghana, Sahara Group’s LPG carrier fleet now comprises six delivered vessels with a combined capacity of 202,000 cubic metres. Supported by partnerships with WAGL Energy, NNPC Limited and other stakeholders, an additional 270,000 cubic metres of capacity is under construction and due for delivery by September 2028.
Temitope Shonubi, Executive Director, Sahara Group, said Asharami Ghana is part of Sahara’s integrated LPG infrastructure strategy spanning shipping, storage, and downstream distribution globally, including the development of a 12,000‑metric‑tonne land‑based LPG storage terminal in Tema, with a 6,000‑metric‑tonne first phase scheduled for completion in May 2026.
He thanked Yaa Serwaa Alifo, MD of Asharami Ghana, for her resilience and insistence to dedicate a ship of “this magnitude solely to the Ghana Market and its landlocked neighbours.”
Ghana is targeting LPG adoption of 50 per cent of households by 2030, up from about 30 per cent today. Sahara’s investments will support clean energy access for more than 35 million people, while strengthening Ghana’s role in regional LPG trade to neighbouring and landlocked West African markets.
The commissioning comes in Sahara Group’s 30th anniversary year, guided by the Sahara Beyond XXX milestone, underscoring Sahara’s focus on building an enduring enterprise that delivers responsible growth, shared prosperity and long‑term impact across its markets.
Energy
Nigeria’s Crude Output Falls to 1.3mbpd
Nigeria’s crude oil production dropped to 1.31 million barrels per day in February, even as local refineries continue to grapple with inadequate domestic crude supply needed to sustain operations.
The development shows that Nigeria again failed to meet its crude oil production quota of 1.5 million barrels per day approved by the Organisation of the Petroleum Exporting Countries (OPEC), as output declined sharply in February 2026.
Data from OPEC’s latest Monthly Oil Market Report, based on direct communication from member countries, showed that Nigeria produced 1.314 million barrels per day in February, down from 1.459 mbpd recorded in January.
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The figures indicate a month-on-month decline of 146,000 barrels per day, widening the country’s shortfall from its OPEC production allocation.
Nigeria’s inability to meet its OPEC production quota is not only affecting its oil export earnings but also adversely impacting domestic refineries that are starved of feedstock for their operations.







