ExxonMobil Nigeria sets off Contractors’ Finance Scheme

…Nigerian Content Act boosts capital retention in-country – Nwapa ExxonMobil Nigeria joined the league of other international oil companies in ameliorating the funding plights of vendors and industry operators when it recently launched its Contractors’ Finance Scheme in Lagos. Giving his remarks before formally launching the scheme, the Executive Secretary of the Nigerian Content Development […]

Nigerian Content attracts International attention as Republic of Congo emulates ideals

The Nigerian Content implementation framework has continued to firmly pitch Nigeria as an evolving energy market and a continental economic power block as African countries are imbibing the local content philosophy into their national economic agenda. The latest being the Republic of Congo, recently held a regional conference on the promotion and development of its […]

NCDMB Graduates 49 Geosciences Trainees

The Nigerian Content Development and Monitoring Board (NCDMB) on Tuesday marked the graduation of 49 students from its pilot geosciences training program. The training program which lasted for four months was conducted at Laser Petroleum and Geosciences Centre in Port Harcourt, Rivers State. Speaking at the closing ceremony, the Executive Secretary of the Board, Engr. […]

NAOC, NCDMB organize workshop for local contractors: . . .Reps set to conclude amendments to NC Act

The Nigerian Agip Oil Company and the Nigerian Content Development and Monitoring Board have organized a two-day awareness and sensitization engagement for its local and multinational contractors in Port Harcourt, Rivers State. The workshop was aimed at improving the knowledge of contractors on the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) […]

Nigerian content: Indigenous players still battling with patronage Nigerian content: Indigenous players still battling with patronage

The oil and gas industry in Nigeria was for decades the exclusive domain of International Oil Companies in areas ranging from exploration to production and trading. For this reason, Nigerians were unable to harvest technological, industrial and economic benefits from oil and gas activities in the country. The Nigerian Oil and Gas Industry Content Development […]

Oando’s OES RESPECT Rig set for Contracting Opportunities

Oando Energy Services, OES in realizing one of the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act 2010 which supports acquisition of drilling assets by indigenous drilling contractors in the interest of sustainable development in the Nigerian oil and gas industry has refurbished and upgraded a state-of-the-art swamp rig christened OES […]

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