OPEC has in its 38th Joint Ministerial Monitoring Committee (JMMC) meeting approved the continuation of crude oil production adjustments agreed during the 35th OPEC Ministerial Meeting, effective until December 31, 2026. The organization said it will fully adhere to current production levels until April and robust compensation mechanisms were emphasized to enhance transparency and market […]

…..Awards Prizes to Winners of Debate Contest The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanisms against corrupt practices in its internal operations and interface with stakeholders as well as transparency in local content implementation processes. The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe made the commitment […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Wednesday in Yenagoa expressed profound gratitude to industry stakeholders, top-ranking vendors, and the Board’s staff for their contributions to the success of the Practical Nigerian Content (PNC) Forum 2024. Speaking at the official closing ceremony of the four-day […]

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has insisted that the Old Port Harcourt Refinery is up and running, with loading operations in full swing. The Group Chief Executive Officer, Mr. Mele Kyari, gave the confirmation at the commissioning of the NUPENG Towers in Lagos on Wednesday. In a goodwill message at the event, […]

            … NCDMB, BoI Sign Agreement on N15bn Community Contractor Fund The Nigerian Content performance level in the oil and gas industry has hit 56 percent in 2024, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe announced on Tuesday. He spoke at the 13th Practical Nigerian Content (PNC) Conference […]

In line with the unwavering commitment of the Nigerian Content Development & Monitoring Board NCDMB to further deepen its footprints in the Nigeria oil and gas industrial sector, the Executive Secretary, Engr. Felix Omatsola Ogbe has disclosed the board concluded plans to establish three NCDMB zonal offices across the Niger Delta region. Unveiling this laudable […]

Nigeria’s relentless bid to ramp up crude production has remained unabated in recent times, this quest can be related to Shelf Drilling’s new drilling award for the Main Pass IV jack-up rig for operations offshore Nigeria. According to the firm, the contract is approximately two years and is scheduled to begin in December 2024. Shelf […]

The NNPC Ltd.’s new Executive Vice President, Upstream (EVP), Mr. Udobong Ntia, has called on upstream stakeholders in the nation’s oil and gas industry to strengthen corporate governance, transparency, and efficiency. Ntia, spoke during an Upstream Governance, Risk and Compliance Workshop themed “Enhancing Governance, Risk and Compliance in Nigeria’s Upstream Sector” held in Lagos, on […]

Buoyed by the ranking as Nigeria’s top performing organisation in efficiency and transparency from 2022 to date, the Nigerian Content Development and Monitoring Board (NCDMB) has unveiled plans to mark the 2024 World Anti-corruption Day on Thursday, 5th December at the Nigerian Content Tower, Bayelsa State. The theme of this year’s celebration is “Effective Whistleblowers […]

A long list of oil industry leaders, ministers of the federal republic, national assembly members, and oil and gas stakeholders are confirmed to attend the 2024 edition of the Practical Nigerian Content Conference and Exhibition, which is slated for the first week of December at the magnificent Nigerian Content Tower, Yenagoa, Bayelsa State. The event […]