At the recently concluded Offshore Technology Conference, OTC, in Houston Texas, USA, the Executive Secretary, Nigerian Content Management Board, NCDMB, Mr. Ernest Nwapa, spoke on three years enactment of the Nigerian Content Act and other industry-related issues, as captured by Clara Nwachukwu and Sebastine Obasi. Excerpts: A lot have been said about the PIB, what is […]

The Petroleum Technology Association of Nigeria (PETAN), a group of Nigerian firms that play in the exploration, production and service segment of the petroleum industry, has said Nigerian firms’ participation in the oil and gas industry is increasing resulting in indigenous in-country capacity development Its President, Emeka Ene, said the increase was demonstrated by the […]

Oando Energy Services’ swamp drilling rig, nicknamed “OES Respect” is expected to arrive Nigeria in June this year after undergoing major refurbishing at Beacom Maritime’s yard in Orange, Texas, United States. Speaking while taking a team of the Nigerian Content Development and Monitoring Board round the asset on Thursday, May 9, Chief Executive Officer of Oando […]

For Nigerians and the local economy to benefit from the multi-billion dollarinvestments expected to flow into the country after the passage of the Petroleum Industry Bill, concerted efforts must be made to develop Nigerian Content, the Executive Secretary, Nigerian Content Development and Monitoring Board, Engr. Ernest Nwapa has said. Speaking on Tuesday at the panel session […]

As part of its efforts at promoting Nigerian content in the oil and gas industry, Addax Petroleum Development Nigeria Limited  said it had trained 190 indigenous vendors in the country. The oil company also pledged to continue to be committed to local content development and support the programmers of the Nigerian Content Development and Monitoring Board. […]

The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Navy have agreed to deepen their collaboration in the Oil and Gas industry, especially with regards to developing and utilizing capacity. The Executive Secretary, NCDMB, Engr. Ernest Nwapa and the Commandant of the Nigerian Naval Engineering College, Rear Admiral Akinjola Johnson made the commitment recently […]

Nigeria  today is no doubt engrossed in the effort to transform the country’s economy in various facets. However, one striking feature of the transformation process relates to the insistence by the Federal Government that multinational operators in the oil and gas industry adhere strictly to the guidelines on the Nigerian content policy. There seems to be […]