The Federal Government has charged indigenous oil producers to grow their contribution to the national crude oil basket from the current 10 percent to 30 percent within the next five years. The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu set the target at the closing ceremony of the Nigerian International Petroleum Summit […]
Any Nigerian firm that invests in hi-tech assets in furtherance of Nigerian Content will be protected and be given a level playing field to bid and win contracts in the oil and gas industry, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has said. He gave the assurance during a […]
The Nigerian Content Development and Monitoring Board (NCDMB) will soon roll out Regulations that will help deepen the enforcement of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. When finalized, the regulations will be signed off by the Minister of State for Petroleum Resources and will have the force of law. The Board […]
…FG to prioritize oil productions with competitive costs -Kachikwu The Nigerian oil and gas industry must strive to develop local capacities to execute full fabrication and integration of Floating Production Storage and Offloading (FPSO) vessels in-country within the next eight years, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has […]
As part of its corporate social responsibilities and support to its host communities, the Nigerian Content Development and Monitoring Board (NCDMB) recently donated some items to the Joint National Association of Persons with Disabilities, Bayelsa State Chapter. The items which included wheel chairs, crutches, blind guards and elbow crutches were presented to the representatives of […]
…100% implementation of Content Act might stop oil production ..Why we gave few waivers on Egina project Nigerian Content achievement recorded on the Total Upstream Egina deepwater project exceeded 50 percent, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote said on Wednesday. He stated this in Abuja at the ongoing […]
In furtherance of its capacity building mandate, the Nigerian Content Development and Monitoring Board (NCDMB) has concluded the first phase of the career counselling sessions for science students from selected secondary schools across the nine oil producing states. The sessions were organised with the goal of influencing the students to pursue careers in strategic sectors […]