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    This day Live: Nigeria: General Electric, Heirs Holdings Partner to Expand Footprint in Oil and Gas Sector

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Summary

GE and Heirs Holdings (HH) have agreed to expand their existing relationship to jointly pursue opportunities in Nigeria’s oil and gas sector

by: Sruthi

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Press Notes, Africa

This day Live: Nigeria: General Electric, Heirs Holdings Partner to Expand Footprint in Oil and Gas Sector

Determined to harness the enormous opportunities in Nigeria’s oil and gas sector, General Electric (GE) and Heirs Holdings (HH) have agreed to expand their existing relationship to jointly pursue opportunities in the sector.

The agreement will ensure the development of local capacity and transfer of best global technology to deliver a solution fit for the African market.

Before this latest development, the collaboration of the two companies was focused on the Nigeria’s power sector and specifically the expansion of Transcorp Ughelli Power Station in Delta State.

The Chairman of Heirs Holdings, Mr. Tony Elumelu, said in a joint statement by the two companies that the expansion of the relationship with GE represents a pivotal moment for the oil and gas industry and for Nigerian businesses as a whole.
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