Increased Crude Oil production: NCDMB Advocates Annual FID Week 

As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated for a week in each year to be dedicated to signing final investment decisions (FIDs) on new oil and gas projects.  The Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe made the proposal on Tuesday in his presentation at […]

ES NCDMB, Lagos Gov Commission Bell Oil and Gas’ Pipe Threading and Valve Assembly Plant

A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe and the Governor of Lagos State, Mr. Babajide Sanwo-Olu. Speaking at the event, the Executive Secretary hailed Bell Oil & Gas for its foresight and commitment to enhancing Nigeria’s oil and gas sector, noting that the company had invested […]

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