Category: Local Content

The Minister of State for Petroleum Resources, Dr Emmanuel Ibe Kachikwu on Wednesday in Abuja inaugurated the Nigerian Content Research and Development Council (NCRDC). The Council is expected to advise the Nigerian Content Development and Monitoring Board (NCDMB) on matters relating to Research, Development and Innovation strategy for the oil and gas industry. The council’s…

By Oke Peter Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote says the planned 7 billion dollar Nigeria Liquefied Natural Gas (NLNG) Limited Train 7 plant will be done in-country by mostly Nigerian companies. Wabote disclosed this at a public workshop to discuss opportunities for the Nigerian content aspect of the…

The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated a committee constituted by its personnel and representatives of the Federal Ministry of Interior (FMI) and the Nigerian Immigration Service (NIS). The intent is to forge close collaborations in the management of expatriate quota (EQ) and grow Nigerian participation in the oil and gas industry…

By Oke Peter Vice President Yemi Osinbajo says $1 trillion is required to improve Nigeria’s energy infrastructure in 29 years. Osinbajo made this known while declaring open a 2-day National Energy and Climate Change Summit at the State House Banquet Hall, on Thursday in Abuja. The summit was organised by the Energy Commission of Nigeria…

Damilola Shittu – Abuja The Federal Government is seeking collaboration with oil suppliers to end unwholesome practices and sanitise the oil and gas sector of the Nigerian economy. Consequently, the ministries of Power, Works and Housing, Labour and Employment, Environment, the Nigeria Security and Civil Defence Corps (NSCDC) and other key agencies are to partner…

By Damilola Shittu To actively support nation-building efforts in line with the United Nations’ (UN) Sustainable Development Goals (SDGs), Total E&P Nigeria has reiterated its commitment to providing employment opportunities through capacity building, and ensuring sustainable economic growth. Total explained that such capacity-building is one of the ways to transform the society through human, social…

Nigeria’s oil and gas firm, Techno Oil Limited has unveiled its TechnoGas Liquefied Petroleum Gas (LPG) cylinders at the 31st World LPG Forum holding in Houston, Texas in the United States of America. LPG is also popularly known as cooking gas. The Sun newspaper has reported. The unveiling of the cylinders formally makes Nigeria to…

By Oke Peter The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engineer Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited, the first oil and gas company to access the Nigerian Content Intervention Fund (NCI Fund). The ceremony was performed on Friday at the Naval Shipyard,…

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engineer Simbi Wabote on Thursday, in Lagos performed the re-christening of ‘ADABA’, a dynamic positioning system vessel owned by NigerStar7, valued at $10 million. NigerStar7 ADABA will be flying the Nigerian National Flag, rated as DP2 and is equipped with Kongsberg DP system….

Damilola Shittu – Abuja The Nigerian National Petroleum Corporation (NNPC) has vowed that none of its funds in a commercial bank will be subjected to the payment of five per cent to any whistle-blower. Hinting at a possible move by a whistle-blower to claim five per cent of funds allegedly stashed and recovered from secret…