By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Nigerian Content Development and Monitoring Board (NCDMB) has held a kick-off ceremony marking the commencement of the Cadets Training Programme being organized with Stoilic Shipping Ltd, a renowned maritime training school.

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

In furtherance of its mandate to catalyze research and development and support startups in the energy industry, the Nigerian Content Development and Monitoring Board (NCDMB) in partnership with Founder Institute (FI) is set to launch new 17 portfolio companies that have passed through the Board’s Technology Incubation and Innovation Centre (TIIC).

By Celestine Okafor (Editor-in-chief)

Contrary to insinuations from some operators in the refinery business in Nigeria that the continued failure to supply local refineries with crude oil is capable of destroying members’ investment and stifling growth in the sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has delivered 3,614,936 barrels of crude to three local refineries between September 2021 and May 2023.

By Celestine Okafor (Editor-in-chief)

The recent decision by the board and management of Aba Power Limited, Nigeria’s newest electricity distribution firm, to patronise only Innoson vehicles is informed by not only patriotism but also the technical and cost competitiveness of the products, according to the managing director of the utility.

By Celestine Okafor (Editor-in-chief)

The Nigerian Content Development and Monitoring Board (NCDMB) and the Anti-Corruption Agency of Nigeria (ACAN) recently concluded a three-day sensitisation workshop on “Achieving Zero-tolerance for Corruption in the Workplace,” with staff educated on the types and potential consequences of corruption as well as appropriate safeguards.

By Celestine Okafor (Editor-in-chief)

The global momentum and impact of the energy transition have made it mandatory for players in the oil and gas sector to challenge their thinking and evolve innovative measures to mitigate the confounding effect of the energy transition, the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe has said.

By Celestine Okafor (Editor-in-chief)

Aba Power Limited and Eko Electricity Distribution Company, better known as Eko DisCo, have been experiencing serious outages since Tuesday because the Niger Delta Power Holding Company (NDPHC) which supplies power to them has no gas to fire its 10 plants.

By Celestine Okafor (Editor-in-chief)

Indigenous oil and gas companies must instill principles of corporate governance in their operations if they are to grow and achieve sustainability, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said.

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB).

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Nigerian Content Development and Monitoring Board (NCDMB) will soon issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major equipment categories utilised in different streams of the oil and gas industry, which constitute a huge percentage of capital and operational expenditures.

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Governments of Nigeria and the Republic of Equatorial Guinea have opened discussions regarding new partnership opportunities such as the establishment of a joint logistics base, deployment of indigenous capacities across countries, and lowering the costs of major oil and gas operations.

* Affirms Board’s Mandate To Support Local Companies

By Celestine Okafor (Editor-in-chief) @CelestineOkaf11

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited are collaborating to roll out tender opportunities from the gas production and processing company on the Oil and Gas E-Market Place, thereby implementing a key provision of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act.