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 […]
…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 […]