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Nigerian petroleum industry thriving on Nigerian Content _Wabote
The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by international oil companies. According to the Executive Secretary…
Oil women seek new financing windows
Sopuruchi Onwuka Dearth of capital and its sourcing to fund business initiatives topped the list of challenges encountered by women entrepreneurs in the oil and gas sector of the Nigerian economy. Female stakeholders, the non-governmental Women In Energy Network (WIEN)…
African petroleum producers chart industry future
Some 18 member countries of the African Petroleum Producers Organization (APPO) converged at the third edition of the Africa Local Content Roundtable to chart a pathway for the sustainable development of the industry. The two-day event is hosted by the…
FG, players polarize on calls for PIA amendment
Sopuruchi Onwuka The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has called for full implementation of the Petroleum Industry Act (PIA) to unlock investments that restore vibrancy in the industry. Engr Wabote…
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….
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…
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…
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…
