Sapphire Technologies wins tech in Nigeria
12 November 2024
Company’s FreeSpin in-line turboexpander technology
Sapphire Technologies will supply its FreeSpin in-line turboexpander technology for a project in Nigeria.
The strategic partnership withHorizon Shores Nigeria seeks to reshape Nigeria’s energy landscape by deploying Sapphire’s FreeSpin In-line turboexpander technology, an advanced energy recovery system designed to capture and convert otherwise wasted pressure energy into clean electricity.
This agreement marks Sapphire Technologies’ first venture into Africa, aligning with Nigeria’s environmental goals and supporting the oil and gas industry’s shift towards sustainable practices. Sapphire Technologies aims to provide clean power solutions across Nigeria’s midstream and upstream sectors, enabling oil and gas operators to enhance energy efficiency, reduce carbon emissions, and improve economic outcomes.
“Our partnership with Horizon Shores is a milestone for Sapphire Technologies as we expand into one of Africa’s most dynamic energy markets,” said Freddie Sarhan, CEO of Sapphire Technologies. “By leveraging our FreeSpin® In-line Turboexpander technology, Nigeria could see significant gains in energy efficiency and economic resilience, reducing dependence on traditional power sources and fostering a greener future.”
As of 2024, the Nigeria’s oil and gas market size is expected to reach 4.60 billion cubic feet per day. Nigeria also holds substantial reserves of crude oil and natural gas, with 37.50 billion barrels of crude oil and condensate and an estimated 209.26 trillion cubic feet (Tcf) of natural gas as of early 2024.
Over the next three years, Sapphire Technologies and Horizon Shores plan to deploy more than a dozen turboexpander projects, advancing Nigeria’s transition to cleaner energy, while generating local jobs and expanding access to affordable power in underserved communities.