The export of hydrocarbon and minerals has been the mainstay of many economies across Africa and the demand for the by-products remain strong. Through our investments in the Oil & Gas sector, our objective is to link production from oil blocks to domestic value chains and encourage other value-adding activities across Africa.
Tenoil is the operator of OPL 2008, under a production sharing contract with the Nigerian National Petroleum Corporation (NNPC) which was executed in May 2011.
Tenoil and Transcorp Energy have signed a Production Sharing Contract with the Nigerian National Petroleum Corporation (NNPC) to commence exploration activities on OPL 281. Tenoil will provide the technical services support base for the exploration programme by managing the seismic and well delivery programmes on behalf of the project owners.
We are a major investor in the Ughelli power plant, a 972MW capacity electricity generation plant located in Ughelli, Delta State of Nigeria. Other investors in the project are Transcorp Energy, Woodrock Energy, Symbion Power of the USA and Thomassen of the Netherlands.
UGHELLI POWER PLANT
Transcorp Ughelli Power was built in 1964 with an installed capacity of 2X36MW or 72MW from two Stal-Laval gas turbines. Then, the station was called Delta I under Electricity Corporation of Nigeria (ECN).
In 1975, six units of General Electric (GE) Frame 5 gas turbines (20MW each) were installed in the station known as Delta II, after the merger of Niger Dam Authority (NDA), Kainji and the ECN to form the National Electric Power Authority (NEPA).
In 1978 additional six units of GE Frame 5 gas turbines, like the ones installed in 1975, were added to Delta Power Station (Known as Delta III) to boost the installed capacity to a total of 312MW, as follows:
|Delta I, 2 X 36||72MW|
|Delta II, 6 X 20||120MW|
|Delta III, 6 X 20||120MW|
The station was upgraded in 1991 with the addition of 6 X 100MW (600MW) GE Frame 9 gas turbines.
From 2000 to 2008 Delta II and Delta III GE units were upgraded to 150MW station each: built by Hitachi of Japan. The control systems were upgraded to Mark V, a fully computerized control system for Delta II and III. While Delta I was scrapped.
Delta IV control system was also upgraded to Mark V by GE of USA which built the station.
Today, the generation capacity of Ughelli Power stands at an installed capacity of about 1,000MW with the Delta II, III & IV running at (almost) full capacity. Most of the electricity produced by Ughelli is transmitted through a network of conductors to the national grid.
MIDSTREAM AND DOWNSTREAM ENERGY BUSINESS
In addition to our upstream activities, we plan to expand into refining and petrochemical products will be considered.