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PETAN companies invested N225 bn in asset capacity in 2025
Sopuruchi Onwuka Indigenous oilfield services contractors in the upstream petroleum industry have in the in 2025 collectively invested significant $10 million or N225 billion inbuilding capacity for fast and efficient execution of industry jobs. Chairman of the contractors known as…
NCDMB says only local industrial performance drives economic growth
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB) has declared significant milestones in strengthening the capacity, competence, and global competitiveness of Nigerian companies, reinforcing local content as a catalyst for industrialization and economic development. Executive Secretary, Engr. Felix…
Slow regulatory approvals threaten oil output targets __ PETAN
NCDMB proves exception with rapid response Sopuruchi Onwuka Industry players in Nigeria’s upstream petroleum sector have warned that slow regulatory approvals and prolonged contracting cycles are undermining efforts to ramp up crude oil production by over one million barrels per…
