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NCDMB decries Africa’s low EPIC capacity in petroleum industry
African nations seeking to achieve economic prosperity must develop local capabilities to process, utilize, and export their resources as a means of powering their growth and development. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr….
Abia govt offers partnership, infrastructural incentives to petro-allied investors
Sopuruchi Onwuka Commercial concerns interested in building facilities for production of petroleum and allied chemical products can now explore free land and partnership with the government of Abia State which has offered enhanced localized industrial parks for players in the…
FG should provide environment for energy diversification investments __Falcon MD
Sopuruchi Onwuka Managing Director of Falcon Corporation, Mr Audrey Joe-Ezigbo, has added a strident voice to the resonating pan-industry demand for enhanced fiscal regimes, operating terms and infrastructural environment to enable the country position strongly in the unfolding energy transition….
NCDMB critical to Tinubu’s economic recovery agenda – Lokpobiri
Sopuruchi Onwuka Use of products and services produced in-country is critical to the economic recovery agenda of the present government of President Bola Ahmed Tinubu, according to the Minister of State for Oil, Senator Heineken Lokpobiri. The minister said that…
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…
