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Dawcon, Green flare sign flare gas deal with OML 30 JV to power bitcoin mining, AI computing

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Last updated: June 2, 2025 1:20 pm
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Oredola Adeola

Dawcon Energy, an awardee of the three gas flare sites (Afesiere, Eriemu, and Kokori) and Green Flare Holdings, have signed a Gas Connection Agreement with the OML 30 Joint Venture to channel flare gas for powering Bitcoin mining operations, under Nigeria’s Gas Flare Commercialization Programme (NGFCP).

Advisors Reports gathered that the OML 30 JV is managed by NNPC Exploration and Production Ltd., Shoreline Natural Resources Ltd., and Heritage Energy Operational Services Ltd.

The project aims to harness previously wasted flare gas to generate off-grid electricity. In its initial phase, it aims to produce 53 megawatts (MW) of power from three sites in Delta State.

The electricity generated will power modular data centers located directly at the flare sites.

These centers will initially focus on Bitcoin mining, with plans to expand into artificial intelligence computing and high-performance data processing.

Beyond industrial applications, the project includes plans to electrify underserved rural communities, contributing to local development and energy access.

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), the government agency responsible for overseeing the project, stated, “This Agreement reflects the Commission’s commitment to translating Nigeria’s decarbonization policy into real, scalable outcomes.

“The Commission will continue to provide regulatory enabling support to all parties to achieve Nigeria’s climate goals,” NUPRC said.

Efa Imoke, Director of Dawcon Energy, addressing the impact of the agreement, said, “This GCA is not just a contract – it is a catalyst. It shows what’s possible when regulatory determination and innovation come together.

“It marks a milestone in the effort to monetize Nigeria’s flare gas potential, aligning government’s energy transition ambitions, the rights of host communities and the development of digital infrastructure in Nigeria,” Imoke said.

Adeoye Fadeyibi, CEO of Green Flare Holdings said, “We are transforming wasted energy into productive assets, reducing emissions, and proving that Nigeria can lead Africa in clean, distributed computing.

“With this agreement, we are delivering climate impact, energy security, and digital infrastructure—together,” Fadeyibi said.

Charles Majomi, Co-Founder of Green Flare Holdings, said, “For decades, flare gas was fire wasted to the sky—toxic, unclaimed, and forgotten.

“Today, with this agreement, we begin to rewrite that story—turning it into clean power for people, for technological progress, and for a future that doesn’t cost the Earth,” he said.

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