Tag: NCDMB

NCDMB grows Nigerian Content Fund above $500m
Energy

NCDMB Grows Nigerian Content Fund Above $500m

By Shakrullah Odunsi  Indigenous oil and gas companies’ capacity is set to make a tremendous turnaround as the Nigerian Content Intervention (NCI) Fund has exceeded over $500 million, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has said. Wabote disclosed this at […]

Energy

Sylva tasks African oil-producing countries on local content development, utilization

By Basssey Williams, Reporting From Yenagoa. The Minister of State Petroleum Resources, HMSPR, Chief Timipre Sylva, has tasked African-oil producing countries under the African Petroleum Producers Organisation, APPO, on the need to develop their local content legislations so as to optimally maximize the benefits of the oil and gas sector. […]

Energy

MODULAR REFINERIES WILL MAKE PETROLEUM PRODUCTS AVAILABLE, ELIMINATE IMPORTATION – PRESIDENT BUHARI

President Muhammadu Buhari Tuesday said the establishment of modular refineries in the country will make petroleum products available in the country and eliminate importation. The President spoke at the virtual inauguration of the 5,000 barrels per day Waltersmith modular refinery in Ibigwe, Imo State, as well as the Ground-Breaking Ceremony […]

Business

PETAN commends Oilserv for promoting indigenous capacity

  The Petroleum Technology Association of Nigeria (PETAN) has commended the management of Oilserv Limited for building and promoting indigenous capacity in the oil and gas industry. Speaking on the successful ground breaking ceremony of the $2.8billion Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project, which marked the official commencement of the project, […]

Energy

COVID-19: PETAN donates to Bayelsa, Rivers, Delta States

As part of its Corporate Social Responsibility (CSR) endeavors, and in her effort to alleviate the anguish of the Covid-19 pandemic, the Petroleum Technology Association of Nigeria (PETAN) is partnering with the Nigerian Content Development Monitoring Board (NCDMB) to donate ambulances, Personal Protective Equipment (PPE) and other medical equipment to Bayelsa, Delta and Rivers State governments respectively.   This was made known by the newly elected Chairman […]

Energy

Operators jostle for NCDMB’s $100bn business opportunities 

Olatunde Dodondawa,  Lagos The Nigerian Content Development and Monitoring  Board (NCDMB) has presented 80 business opportunities that worth $100billion for operators in the Nigerian Oil and Gas industry. Speaking at the recently concluded 2nd Nigerian Oil and Gas Opportunity Fair (NOGOF) in Yenagoa, Bayelsa State, the Executive Secretary, NCDMB, Engr. Simbi Kesiye […]

Energy

Dangote Refinery to empower host communities youths

By Olatunde Dodondawa Dangote Refinery to empower host communities youths As part of efforts aimed at making youths from its host communities employable, Dangote Petroleum Refinery & Petrochemicals Company yesterday flagged off a vocational training scheme that will inculcate necessary skills in the young men and women from the Ibeju-Lekki […]

Kachikwu Sets up Nigerian Content R&D Council
Business

Kachikwu Sets up Nigerian Content R&D Council

The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu has 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 terms of […]