Qualified women entrepreneurs in the Nigerian Oil and Gas industry can now benefit from the US$40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board (NCDMB) and Nexim Nigerian Export-Import Bank.The NCDMB is contributing US$20m to the pool and it will be matched by the same amount in…
By Ikenna Omeje and Jerome Onoja The Federal Government in December 2019, achieved a major milestone in its effort to increase gas production and usage in Nigeria with the signing of Final Investment Decision (FID) for the multi-billion dollar Nigeria Liquefied Natural Gas (NLNG) Train 7 Project between the Nigerian National Petroleum Corporation (NNPC) and its partners.The Train 7…
The Board of Directors of Nigeria LNG Limited (NLNG) at its last board meeting approved the appointment of Dr. Philip Mshelbila as successor to Engr. Tony Attah, Managing Director and Chief Executive Officer. Engr. Attah will return to his parent company, Shell, on 30th August 2021 at the expiration of his five-year tenure at the helm…
The 4th edition of the Valuechain Annual Lecture and Awards is set to hold on July 12, 2021 beginning from 9.00am at Fraser Suites, Abuja. Organized by one of Africa’s emerging oil and gas magazine publications, the Valuechain, the theme of this year’s lecture is: “Enhancing Effective Synergy between Oil & Gas and Maritime sectors…
Daniel Terungwa The Petroleum Technology Development Fund (PTDF) has signed a Memorandum of Understanding (MoU) to formalize its partnership engagements with Air force Institute of Technology, (AFIT), Kaduna to enhance capacity building in the Nigerian Airforce aviation as well as oil and gas industry in Nigeria. The MoU was sealed at the Airforce Institute headquarters…
Bonga Asset Manager and Managing Director Designate, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Mrs. Elohor Aiboni, receiving the 2021 Women in Leadership of the Year Award from the Permanent Secretary, Federal Ministry of Petroleum Resources, Mr. Bitrus Bako Nabasu, at the award night of the 2021 Nigeria Oil and Gas Conference in Abuja……
By Ikenna Omeje The Managing Director of the Nigeria Liquefied Natural Gas (NLNG), Engr. Tony Attah, on Tuesday, said that Train 7 project will set the record in the Nigerian content capacity development for the years to come. Attah stated this while making a spotlight presentation on Train 7 titled “Train 7 – Strengthening Nigeria’s…
By Oluwatoyin Bayagbon The Nigerian Content Development and Monitoring Board (NCDMB) says it has recovered almost $100 million in unremitted deductions by oil and gas companies operating in Nigeria. Simbi Wabote, Executive Secretary of the NCDMB made this known during his opening address at the 20th Nigeria Oil and Gas Conference in Abuja on Monday. …
Technology will play a key role in ensuring Nigeria stays cost competitive in today’s oil market, Mr. Roger Brown, Chief Executive Officer of Seplat Plc, has said. The Seplat CEO said this in his keynote address titled, “Oil Market Forum: Who Is In Control?” at the 2021 Nigerian International Petroleum Summit (NIPS) in Abuja. With…