Actual construction of a low-cost manufacturing hub for equipment components and spare parts used in the oil and gas industry will start in Ondo State soonest, according to the Nigerian Content Development and Monitoring Board (NCDMB). Located at Ilaje, Ilaje Local Government Area of the State, the facility is one of six being built in […]
The Nigerian Content Development and Monitoring Board (NCDMB) will soon issue policy directives on in-country manufacturing capabilities of pumps, flanges, valves, and other major equipment categories utilised in different streams of the oil and gas industry, which constitute a huge percentage of capital and operational expenditures. The Executive Secretary Nigerian Content Development and Monitoring Board […]
…Affirms Board’s mandate to support local companies The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigeria LNG Limited are collaborating to roll out tender opportunities from the gas production and processing company on the Oil and Gas E-Market Place, thereby implementing a key provision of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. Section 106 of the NOGICD Act defines the “Oil and Gas E-Market Place” as […]
The 2023 Nigerian Oil and Gas Energy Week Golf Tournament sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) took place on Sunday at the IBB Golf Course, Abuja, with one of the players, winning a brand-new 2022 GS3 SUV car, which was the star prize at the competition. The car was sponsored by […]
No fewer than 80 teachers of post-primary institutions drawn from different states of the federation are undergoing a three-day training organised by the Nigerian Content Development and Monitoring Board (NCDMB), in conjunction with First E&P Development Limited at the Nigerian Content Tower, Yenagoa, Bayelsa State. As part of the training, the teachers are being exposed […]
Oil and gas opportunities valued over $50bn and projected to be developed within five years were showcased by international and indigenous companies at the 2023 Nigerian Oil and Gas Opportunity Fair (NOGOF) which ended on Friday at the conference hall of the Nigerian Content Development and Monitoring Board (NCDMB) in Yenagoa, Bayelsa State. Speaking at the conclusion of the two-day fair which drew 1,086 registered participants, the Executive Secretary NCDMB, Engr. Simbi Kesiye Wabote stated that the quantum of opportunities covered different segments of the industry […]
The Federal High Court sitting in Yenagoa, Bayelsa State on Tuesday delivered a landmark judgment confirming the authority of the Nigerian Content Development and Monitoring Board (NCDMB) to collect the one percent Nigerian Content Development Fund (NCDF) levy from every contract awarded in the Nigerian oil and gas upstream transaction as mandated under section 104 […]