Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


UK energy firm seeks Nigeria expansion

05 December 2014, 18:37

Lagos - Bowalds Energy, the United Kingdom energy firm, is exploring new export opportunities in Nigeria.

This follows a recent conference the United Kingdom Trade and Investment (UKTI) organised in Nigeria where a Bowalds Energy team was introduced to the UK High Commission in Nigeria and to oil and gas companies with operations in the UK and Nigeria.

The initiative was part of the UKTI High Value Opportunities Programme, which helps UK businesses win large scale overseas procurement projects.

Wilson Balogun, Chief Operating Officer and Executive Director of Bowalds Energy, said the company’s attendance UKTI event was a turning point for the company.

“UKTI’s backing of our company gave the participating companies the confidence to see us as a trusted future partner. In addition, thanks to UKTI’s introductions, we are expected to have a working agreement with several oil and gas companies in the coming months,” said Balogun.

The company had advanced discussions with ExxonMobil, Addax Petroleum and Afren PLC.

As it ramps up its business in Nigeria, Bowalds Energy plans to expand its operations into Ghana, Uganda and Angola, using Nigeria as its regional hub.

Furthermore, one of Bowalds Energy’s priorities is to train young engineers in Nigeria to work on oil and gas projects. Following the introduction to GE Oil and Gas, the two businesses have gone on to work closely together.

- CAJ News

Tags nigeria

Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...