The Nigerian Content Development and Monitoring Board (NCDMB) and the Nigerian Customs Service (NCS) would collaborate to protect local oil servicing companies by preventing the importation of goods which local firms have full capacities to manufacture. Some of those oil and gas goods include cables, coated pipes, some OCTG tubulars, helical welded pipes and coveralls. […]

The Nigerian Content Development and Monitoring Board (NCDMB) has inaugurated a committee constituted by its personnel and representatives of the Federal Ministry of Interior (FMI) and the Nigerian Immigration Service (NIS). The intent is to forge close collaborations in the management of expatriate quota (EQ) and grow Nigerian participation in the oil and gas industry […]

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has commissioned a new security vessel, MV Tamuno-Dein II, acquired by BGAM Services Limited, the first oil and gas company to access the Nigerian Content Intervention Fund (NCI Fund). The ceremony was performed on Friday at the Naval Shipyard, Port Harcourt, Rivers […]

… FG to compel operators to refine 20% of production …70% of modular refineries to be fabricated in-country The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu on Thursday performed the groundbreaking of a 5,000 barrels of crude oil per day (bopd) modular refinery being developed by Waltersmith Refining and Petrochemical Company at […]

The Nigerian Agip Oil Company (NAOC) and its joint venture partners have organized a workshop for its contractors on regulatory and procurement best practices. The workshop was organised in Yenagoa, Bayelsa State recently and sought to enlighten contractors on the regulations, policies and laws that are applicable in the oil and gas industry and encourage […]

The Nigerian Content Development and Monitoring Board (NCDMB) and the Bank of Industry (BOI) have relaxed some of the conditions for accessing the US$200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas service companies. NCDMB and BOI convened a stakeholders’ forum in Lagos recently to address the major challenges applicants face […]

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote on Thursday in Lagos performed the re-christening of ‘ADABA’, a dynamic positioning   system vessel owned by NigerStar7, valued at $10 million. NigerStar7 ADABA will be flying the Nigerian National Flag, rated as DP2 and is equipped with Kongsberg DP system. […]