The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has advised the management of Benkline Nigeria Limited to expand the company’s operations to the downstream subsector of the oil and gas industry and manufacture components for the modular refineries planned by various investors. The Executive Secretary gave the advice […]
… Justices must refer to the NC Act in Oil and Gas cases-CJN Oil and Gas companies that fail to comply with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act will henceforth be dragged before the law courts by the Nigerian Content Development and Monitoring Board (NCDMB), the Executive Secretary, […]
The Nigerian Content Development and Monitoring Board (NCDMB) has begun the construction of the Nigerian Oil and Gas Park at Odukpani, Cross River State, with the goal of creating a regional low-cost manufacturing hub that would produce equipment components and spare parts that would be utilized in the Nigerian Oil and Gas industry. The Odukpani […]
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 […]