The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme.
The NCDMB, in a statement said that the credit…
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr Simbi Wabote, has confirmed that as a result of Local Content Act implementation, the board retained the sum $6.4 billion of yearly spend.
He said…
...Targets nation’s 10% fuel in 5yrsAfrica’s top oil producer, Nigeria is moving ahead with mini-plants in an effort to help end its dependency on fuel importation.
The focus on mini-plants is part…
President Muhammadu Buhari on Tuesday commissioned the 5,000 barrels per day (bpd) Waltersmith Modular Refinery, developed with 30 percent equity investment by the Nigerian Content Development and Monitoring Board (NCDMB).
President…
President Muhammadu Buhari will today inaugurate the 5,000 barrels per day Waltersmith Modular Refinery and conduct the ground-breaking ceremony for the 45,000 barrels per day refinery expansion project at Ibigwe, Ohaji/Egbema Local…
The Department of Petroleum Resources (DPR) has said that the 5,000 barrels per day (bpd) Waltersmith Modular Refinery project is fully ready for operations.
The Director of DPR, Sarki Auwalu, said this during a pre-commissioning visit…
The Nigerian Content Development and Monitoring Board (NCDMB) and key organisations in the oil and gas industry have advised against the proposed hike in the percentage of the Nigerian Content Development Fund (NCDF) from the current one…
The 5,000bpd modular refinery located in Imo state is scheduled for official commissioning on October 26, 2020, with products truck-out beginning immediately, having concluded off-take arrangements with select firms.
The refinery will…
President Muhammadu Buhari on Friday renewed the appointment of Engr Simbi Kesiye Wabote as the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB).
In a statement, the Special Adviser to the President…
Nigerian Content Development and Monitoring Board (NCDMB), last weekend, selected five innovative teams as winners of the Nigerian Oil and Gas Technology (NOGTECH) Hackathon sponsored by the Board.
Each of the five winning teams was…
The chairman of Shell Companies in Nigeria (SCiN), Osagie Okunbor, has said that the Shell Petroleum Development Company (SPDC) has grown its oil output to an average of 514,000 barrels per day (bpd).
He said the company also has…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has explained why firms with Nigerian Local Content commitment are preferred to their foreign counterparts who are just…
Oilserv, an engineering, procurement, construction, installation and commissioning company, has been a major player in the sector since its inception in 1992. The Company has contributed to the development of pipelines infrastructure,…
Tecon Oil Services has commissioned three Hydraulic work-over/snubbing rigs at its operations headquarters at the Trans Amadi Industrial area in Port Harcourt.
Tecon Oil Services is also developing a Waterfront Fabrication Yard for the…
The Nigerian Content Development and Monitoring Board (NCDMB) has said that 60 per cent of the participants in the Smart Electrical Engineering Training organised by the Board (NCDMB) have secured employment placements.
According to a…
The Executive Secretary, Nigerian Content Development Management Board, NCDMB, Engr. Simbi Wabote has stated that the Board's investment policy was to devote substantial portion of the Nigerian Content Development Fund to support project…
The Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, Engr. Simbi Wabote has stated that community participation will boost the completion of Nigerian Oil and Gas Park NOGAPS Emeyal-1.
Wabote made this…
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, was on Saturday in Lagos honoured as the Transformational Business Leader in Public Sector in 2019 by the BusinessDay…
To further encourage the learning of information communication technology by secondary school students, the Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated an Information and Communication Technology Centre at…
Peace Obi
To deepen the study of Geosciences in Nigerian tertiary institutions and link the academia with the oil and gas industry, the Nigerian Content Development and Monitoring Board (NCDMB) and Danvic Petroleum International have…
