UTM Offshore Limited, promoters of Nigeria’s first Floating Liquefied Natural Gas (FLNG) facility has requested the Nigerian Content Development and Monitoring Board (NCDMB) to invest equity in the project and to accelerate key approvals that would fast-track the project’s development. The request was made on Wednesday at the Nigerian Content Tower in Yenagoa, Bayelsa State when the Executive Secretaryof NCDMB, Engr. Felix Omatsola Ogbe hosted the management of UTM Offshore Limited led by the Group Managing Director,Mr. Julius Rone. The target completion date of […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded President Bola Ahmed Tinubu, GCFR, for announcing three Presidential Executive Orders directed at incentivizing the Nigerian oil and gas industry, encouraging new investments in the sector, reducing contracting costs and timelines, and promoting cost efficiency in local content requirements. The Executive Orders are the Oil and Gas Companies (Tax Incentives, Exemption, Remission, ETC) Order 2024;Presidential Directive on Local Content Compliance Requirements, 2024 (EO 41); and Presidential […]

The Nigerian Content Development and Monitoring Board (NCDMB) is partnering the Training Arm of the Independent Corrupt Practices and Related Offences Commission (ICPC) in risk assessment of procurement and human resources processes at the Board in a push for excellence and transparency Initiated by the Anti-Corruption and Transparency Unit (ACTU) of the NCDMB as part of its 2024 Action Plan, […]

Oil and gas industry stakeholders and leading academics on Tuesday began a three-day Research and Development (R&D) Zonal Workshop at the Niger Delta University (NDU), Amassoma, with special focus on needs-driven research and deepening of collaboration and linkages, sponsored by the Nigerian Content Development and Monitoring Board (NCDMB). The workshop provides a forum for discussions […]

The Nigerian Content Development and Monitoring Board (NCDMB) marked a significant milestone on Monday, February 26, 2024, with the commencement of the sixth batch of the Electric House Wiring Training programme at the Akangba Regional Training Centre of the National Power Training Institute of Nigeria (NAPTIN) in Lagos. The opening and kick-off ceremony which was […]

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday in Abuja inaugurated the 4th Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). The NCDMB Governing Council is set up under the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and draws membership from representatives of select institutions […]

The Nigerian Content Development and Monitoring Board (NCDMB) was the toast of youths who on Thursday received international certification for specialised skills acquired under a 12-month Nigerian Content Non-compliance (NCNC) Remediation Training Programme mounted by Newcross Exploration and Production Limited. At a close-out ceremony at the Lagos Hall, Golden Tulip Hotel, Port Harcourt, where the […]