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Local Content
Local Content Development: Oilserv Partners Innoson, Purchases N600m Vehicles
Oilserv Limited, a major player in driving the growth and development of local content in Nigeria has partnered Innoson Vehicle Manufacturing Company Ltd (IVM) in its effort to promote local production of vehicles in the country.
…
African Energy Chamber Appoints Local Content Advisory Committee
...Says Committee will Push for a More Inclusive Energy Industry
The African Energy Chamber has appointed its highest-level advisory committee to serve on local content matters and support capacity building across the continent.…
60 Candidates Write Aptitude Test for NCDMB’s Cadet Training
Sixty candidates at the weekend participated in the Aptitude test conducted by the Nigerian Content Development and Monitoring Board (NCDMB) for the second phase of its Cadet Training Programme.
The selection test which comprises of…
Natural Gas Credentials Outweigh Other Energy Sources, GECF Concludes
The Gas Exporting Countries Forum (GECF) has reiterated the strategic role of natural gas in global energy transition, stating that its credentials overweigh other energy sources such as coal and oil.
The Forum at its 3rd edition of Gas…
NCDMB formally Takes Over 17-Storey Headquarter Building from Contractor
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday took formal possession of its newly completed 17-storey headquarters building from the major contractor of the project, Megastar Technical and Construction Company…
US$50M Nigerian Content Research & Development Fund Receives Approval
The Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) has approved the establishment of a US$50 million Nigerian Content Research & Development Fund (NCR&DF).
The NCR&DF is expected to boost…
NCDMB Signs Investment Agreements on Energy Park, Oil Blending Plant
…Says projects to create 1500 jobs
The Nigerian Content Development and Monitoring Board (NCDMB) has signed equity investment agreements with two energy companies – Duport Midstream Company for the establishment…
NCDMB Expands Nigerian Content Intervention Fund to $350m
The Nigerian Content Development and Monitoring Board (NCDMB) has expanded the Nigerian Content Intervention Fund (NCIF) from $200 million to $350 million - about N135.8 billion.
Initiated in 2017, the NCIF represents a $200…
NCDMB Holds Virtual NCCF Meeting, Inaugurates New Sectorial Groups
The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday held a virtual engagement of the Nigerian Content Consultative Forum (NCCF), a body set up by the Nigerian Oil and Gas Industry Content Development (NOGICD) Act to…
$7.6n Train 7 Project Underway as NCDMB, NLNG Hold EPC Contract kick-Off Meeting
The Train 7 project is set to commence in earnest as the Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian LNG Limited Tuesday held the kick-off meeting of the Engineering, Procurement and Construction (EPC)…
‘Claims on Sylva Demand of $20m from NCDMB Boss, Spurious’
The Management of the Nigerian Content Development & Monitoring Board (NCDMB) has refuted the claim that the Minister of Petroleum Resources, Chief Timipre Sylva demanded $20 million from the Board for the purpose of funding Bayelsa…
NCDMB Calls for Admission into Nigerian Oil and Gas Technology Hackathon Programme
In its determination to unearth scalable solutions to some of the biggest challenges confronting the nation’s oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Learners Support…
Nigerian Senate Passes 2020 Revised Budget Based On $28/bbl Oil
The Nigerian Senate yesterday passed the sum N10.805 trillion (or $29.92 billion) as revised budget for the 2020 fiscal year.The Coronavirus pandemic and a sharp fall in global oil prices prompted the Nigerian government to alter its…
Sylva Tasks New NCDMB Council on Advancing Local Content Growth
The Minister of State for Petroleum Resources, Chief Timipre Sylva has tasked new the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB) on strengthening local content growth in the nation’s oil and gas…
FG Inaugurates New NCDMB Governing Board
…Targets 70% Nigerian Content in oil industry by 2027
The Minister of State for Petroleum Resources, Chief Timipre Sylva on Tuesday in Abuja inaugurated the new Governing Council of the Nigerian Content Development and Monitoring Board…
Oko Poly Manufactures Solar-Powered Automatic Corona Disinfection Machine
The Federal Polytechnic, Oko, Anambran State has produced a solar-powered automatic Coronavirus disinfection machine.
The facility, designed by engineers from the polytechnic, will be used to control the spread of the pandemic…
Building an African regional content
Dr. Arron Tchouka Singhe is an oil & gas expert, and key advisor to African countries on policies and strategies to maximize the benefits of exploitation of their petroleum resources.He currently serves at Chief Oil Sector Officer at…
Angola’s Local Content Opportunities Remain Huge Despite Downturn – Experts
The International Monetary Fund (IMF) has said that with an economic recession expected at -1.4% by this year by Angola, the country would be expected to be less hit than its immediate neighbours or than the rest of African oil-producing…
Senate Kicks off Amendment of Nigeria’s Local Content Law Act
The Senate on Tuesday began the amendment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 sequel to the consideration of a bill seeking to boost local content as well as strengthen the nation’s economy.
The…
NCDMB set to Spur O&G Innovation with BrentPlus
The Nigerian Content Development and Monitoring Board (NCDMB) on Friday launched BrentPlus.
BruntPlus is a series of initiatives under the Board’s Nigerian Oil and Gas Technology (NOGTECH) programme that will stimulate innovations in…