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Nigeria

NCDMB Commends Abia State Governor On Industrial Park, Highlights Critical Requirements For Low-Cost Manufacturing

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi KesiyeWabote, has commended Abia State Governor Dr. Alex Otti for the decision of his Administration to establish the Abia Industrial Innovation Park (AIIP), Owaza, in Ukwa West Local Government Area of the State.     In a Goodwill Message at the groundbreaking ceremony […]

Oilfield Africa - Tuesday October 3, 2023
NCDMB, NNPC, IOCs Sign Agreement, Target 6 Months Oil Industry Contract Cycle

With the goal of quickly ramping up Nigeria’s flagging crude oil production, ensuring compliance with the provisions of the Nigerian Content Act, and timely approvals of documents, the Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Abuja signed a Memorandum of Understanding (MoU) cum Service Level Agreement (SLA) with the Nigerian National Petroleum […]

Oilfield Africa - Tuesday September 26, 2023
ExxonMobil To Increase Oil Production, As Dangote Refinery Comes Onstream

The Nigeria current crude oil production is expected to add up with 40KBPD according to a pledge made by the ExxonMobil President Liam Mallon to the Nigerian President Mr. Ahmed Bola Tinubu at the sideline meeting of the 78th United Nation General Assembly. The good news was disclosed by the Nigerian presidential spokesperson Ajuri Ngelale […]

Oilfield Africa - Thursday September 21, 2023
NCDMB Announces Winners of National Essay Competition, Harps On In-Country Value Addition

Winners of the 7th Nigerian Content Annual National Undergraduate Essay Competition, 2023, were unveiled on Wednesday at the Lady Daima Memorial Event Center, Yenagoa, Bayelsa State at a well-attended ceremony. It was the Grand Finale of the competition, with the top 10 finalists awarded prizes. Overall best was Miss Iruoma Favour Lazarus, a 200-level student […]

Oilfield Africa - Thursday September 21, 2023
President Tinubu Speaks At 78th UNGA; Outlines Investment Opportunities In Nigeria

Nigerian President Bola Ahmed Tinubu has stood on his maiden address to world leaders at the 78th United Nations General Assembly held in New York highlighted the essence on which the body was established and benefits and expectations of its establishment. Speaking at this year event with the theme: “Rebuilding Trust and Reigniting Global Solidarity: […]

Oilfield Africa - Wednesday September 20, 2023
NCDMB Receives Ministerial Accolades On Skill Development Project Urges Timely Completion

Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has commended the Nigerian Content Development and Monitoring Board (NCDMB) for its ] intervention in the construction of the proposed Centre for Skills Development and T raining (CSDT) at Omagwa, Ikwerre Local Government Area of Rivers State. The project, initiated by the Petroleum Technology Development […]

Oilfield Africa - Monday September 18, 2023
Nigeria Oil Production Rallies Reclaims Second-Largest Oil Producer In Africa

The Nigerian crude oil production in the month of August seems t  o generating discordant tunes. This based on the conflicting figures coming from Organization of the Petroleum Exporting Countries (OPEC) and one recently released from the Nigerian National Petroleum Limited NNPCL. OPEC has disclosed on its monthly oil market portal an uptick in the […]

Oilfield Africa - Monday September 18, 2023
Agip Onshore Assets Divestment To Oando And NNPCL Caveat

Sequel to Nigerian Agip Oil Company Limited NAOC onshore and power assets acquisition deal recently signed between Eni and Oando, the Nigerian National Petroleum Corporation Limited NNPCL has in its response placed a caveat to the milestone deal claiming that NAOC did not obtain its consent prior to announcing a deal to sell its onshore […]

Oilfield Africa - Tuesday September 12, 2023
Nigeria LNG Train 7 Development Starts In 2024, Sold 830 bcf LNG In 20yrs

Nigeria LNG Ltd, which operates the Bonny Natural Gas Liquefaction Plant in the Eastern Niger Delta has sold 830 Billion Cubic Feet of Liquefied Natural Gas as at the end of 2022; the lastest Eni report stated. The Six-Train plant which has a production capacity of 22 million tonnes of LNG per year, associated with approximately […]

Oilfield Africa - Tuesday September 12, 2023
Eni divests Nigerian Onshore and Power Assets to Oando

Eni  has signed an agreement with Oando PLC – Nigeria’s leading indigenous energy solutions provider listed on both the Nigerian and Johannesburg Stock Exchange – for the sale of Nigerian Agip Oil Company Ltd (NAOC Ltd), the wholly Eni-owned subsidiary focusing on onshore oil & gas exploration and production in Nigeria, as well as power […]

Oilfield Africa - Monday September 4, 2023

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