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Divestment deals will restore oil industry vibrancy __NCDMB
Sopuruchi Onwuka Contrary to fears of job losses and industry activity downsize, Nigerian Content Development and Monitoring Board (NCDMB) has assured that the prevailing transfer of brownfield oil and gas assets from international oil companies to indigenous independent companies will…
Harsh operating environment: How would NLNG reach Train-12?
Sopuruchi Onwuka Despite the laudable plans by the government to develop secure market for Nigeria’s huge natural gas resources; its failure to address huge investment and operational challenges in the domestic environment has continued to drain the results. And with…
Energy Transition: Nigeria needs $425bn to accelerate oil production
Sopuruchi Onwuka Government must reconstruct Nigeria’s energy transition policy for optimum market returns from the country’s existing reserves of petroleum liquids ahead of the presaged energy demand switch from fossil sources by 2040. And any policy modification must come with…
Oando is Lead Sponsor of Africa Oil Week 2023
Africa’s leading indigenous energy solutions provider, Oando PLC, is set to participate as a lead sponsor at one of the continent’s leading energy conferences, Africa Oil Week, scheduled to be held in Cape Town, South Africa, this month. “As a…
NCDMB says IOC divestments endorse indigenous capacity
Sopuruchi Onwuka The prevailing divestment of marginal and brownfield petroleum assets by the international oil companies in the country is a prime testimonial on the rapid indigenous capacity development for operations in the industry. Executive Secretary of the Nigerian Content…
MMNL leads Africa’s manufacturing excellence with Star Plus battery
Sopuruchi Onwuka A local manufacturing company domiciled in Lagos, Nigeria, has been determined the standard bearer in Africa’s manufacturing industry, projecting the Star Plus inverter battery as a global factor in new energy solutions. The development comes as the Nigerian…
NCDMB commends Gov Otti on industrial park
Offers tips on low-cost manufacturing The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has commended Abia State Governor Dr. Alex Otti for the decision of his Administration to establish the Abia Industrial…
NCDMB, Waltersmith train graduates on petroleum industry skills
Sopuruchi Onwuka Venture partners in the Ibigwe Refinery in Imo State are now in partnership to prepare indigenous technical crew that would respond to labour demands in the domestic petroleum industry which is undergoing rapid transformation. The Nigerian Content Development…
NLNG Science Prize: Bubble PoliteCPAP evolved for neonate ventilation
Sopuruchi Onwuka The winning work of the 2023 Nigerian Prize for Science would now substantially relieve parents and healthcare professionals in the country of the cost and complications of assisting newborn babies with immature lungs keep alive with infused oxygen….
NNPC, Oil firms owe Nigeria N9.4 trn from 2021 ops
NNPC leads N6.6 trn secret debts; Withheld N2.33 trn from the federation account; Staked Nigeria’s crude oil for N11.5 trn loans Sopuruchi Onwuka Some 47 oil companies operating in Nigeria’s upstream petroleum industry and the Nigerian National Petroleum Company (NNPC)…
