The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream operations. With the agreement, which is a direct benefit from the Companyβs participation at the […]
The Federal Government of Nigeria through the Ministry of Petroleum Resources will on December 21, 2023 commission the Amal Technologyβs production facility for Gas Leak Detection Device and Printed Circuit Board, at Idu, Abuja, Nigeria. The homegrown innovation was initiated by Amal Technologies Limited and supported by the Nigerian Content Development and Monitoring Board (NCDMB) […]
The Nigerian Content Development and Monitoring Board (NCDMB) has assured that patronage and deployment of indigenous oil and gas service companieswould remain of strategic importance to take advantage of the massive development of operational capabilities since the implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act over the years. Speaking on Monday […]
The newly appointed Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe has assumed office and held his first official meeting with the Directors and some management staff of the Board. Ogbe was appointed last Thursday by President Bola Tinubu, replacing Engr. Simbi Kesiye Wabote, who had served for […]
The Nigerian National Petroleum Company Ltd. (NNPC Ltd.) has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realisable. The Group Chief Executive Officer (GCEO) of the Company, Mr. Mele Kyari, gave the assurance during an interactive session with the Senate Committee on Finance at the […]
The Chairman of Independent Petroleum Producers Group (IPPG), Mr. Abdulrazaq Isa, OFR, said that the global energy transition, the Petroleum Industry Act (PIA), divestments by International Oil Companies (IOCs), and the Decade of Gas Initiative has presented indigenous players with exciting opportunities for the industry’s transformative shift. According to the IPPG Chairman, βthe ongoing global […]
Shell and Fox Petroleum have recently rekindled their investment interests in the Nigeria energy sector. While Shell is proposing about $5 billion offshore oil investment opportunity in Nigeria and pledged to spend a further $1 billion in five to 10 years to boost natural gas output for domestic supplies and exports, Fox Petroleum is expected […]
The Nigeria President Bola Tinubu has appointment Felix Omatsola Ogbe as the new Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB) replacing the outgoing Executive Secretary Engr. Wabote Simbi The announcement which came at peak of just concluded Practical Nigerian Content 2023 in Yelnegoa in Bayelsa was made in a statement issued […]
The 12th Practical Nigerian Content Forum 2023 got underway on Tuesday at the Nigerian Content Towers, Yenagoa, with the outgoing Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announcing that the agency has completed 83percentof the 96 initiatives it started under the Nigerian Content 10-year Strategic Roadmap. The […]
The 17-story Nigerian Content Tower (NCT), Headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), Swali, Yenagoa, is set to host oil and gas industry eggheads and policy makers as the yearly Practical Nigerian Content (PNC) Forum 2023, 12th edition, kicks off on 4th December. The Minister of State for Petroleum Resources (Oil), Senator […]
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