Dangote Refinery good example of local content- Wabote
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Dangote Refinery good example of local content- Wabote

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDM), Mr Simbi Wabote, says the 650,000 barrels per day Dangote Refinery project is an actualisation of Local Content development in Nigeria. Wabote made this known while fielding questions from newsmen at the ongoing 9th Practical Nigerian Content Forum in Yenagoa on Wednesday. The private refinery owned…

We are 97% ready for FID on Train 7-NLNG

We are 97% ready for FID on Train 7-NLNG

Nigerian Liquefied Natural Gas (NLNG) says it is 97 per cent ready to take Final Investment Decision (FID) on its capacity expansion project, the Train 7 project. Mr. Tony Attah,, the Managing Director/Chief Executive Officer, Nigeria LNG Limited, disclosed this at the ongoing 9thPractical Nigerian Content in Yenagoa. He said that the Train 7 project…

Engr. Simbi Kesiye Wabote

Stakeholders seek streamlined regulatory environment for oil, as sector to attract more investment

Oil and Gas industry stakeholders on Wednesday called for a streamlined regulatory environment to attract investment and make the sector competitive. The stakeholders made the submission at the ongoing Practical Nigerian Content Conference and Exhibitions holding in Yenagoa. The theme of the conference is “Leveraging Local Expertise for Market Growth and Expansion”. During a panel…

Shippers’ Council, transport agencies move to eliminate corruption in maritime

Shippers’ Council, transport agencies move to eliminate corruption in maritime

Abuja, Dec.  4, 2019(NAN) Nigerian Shippers’ Council (NSC) is collaborating with agencies under the Ministry of Transportation to develop strategies to curb corruption in Nigeria and Africa. The Executive Secretary of NSC, Hassan Bello, said this in a statement made available to News Agency of Nigeria (NAN) in Abuja on Wednesday. ”The maritime and transport sectors are…

Oil Theft: We have lost 4m barrels in 2019 says Aiteo

Oil Theft: We have lost 4m barrels in 2019 says Aiteo

Aiteo Eastern Exploration and Production, operators of OML 29, says the activities of oil thieves have assumed alarming proportions, leading to loss of about four million barrels of crude in 2019. Mr Victor Okoronkwo, Managing Director of the oil firm spoke on the sidelines of the ongoing Practical Nigerian Content Exhibition and Conference with the…

IDSL records N19bn revenue in 2018
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IDSL records N19bn revenue in 2018

The Integrated Data Services Limited, IDSL, a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has recorded a significant increase in its revenue base from N5.5billion in 2016, N7.6billion in 2017 to N19.033billion in 2018. The NNPC Acting Group General Manager, Group Public Affairs Division, Mr Samson Makoji said in a statement on Wednesday that…

FG Introduces new electricity distribution policy

FG Introduces new electricity distribution policy

The Federal Ministry of Power has introduced a new Electricity distribution policy called “willing seller, willing buyer”. The special Adviser on Media and Communications, Aaron Artimas made the disclosure in a statement that under the new differential Power distribution policy, electricity would be wheeled directly from the generation companies to  willing consumers who are ready …

Engr. Simbi Kesiye Wabote

NCDMB sponsored modular refinery to begin operations in July 2020 – Wabote

Waltersmith modular refinery, a 5,000 barrels per day production capacity facility being promoted by Nigerian Content Development and Monitoring Board (NCDMB), will commence operations in July 2020,  an official says. The Executive Secretary of NCDMB, Mr Simbi Wabote, made the fact known at the opening ceremony of the 9th Practical Nigerian Content conference and Exhibitions…

Schneider-Electric

Solar Energy: Schneider Electric partners NAPTIN to train 50 Women, Men Electricians in Lagos

Nigeria’s power giant, Schneider Electric in partnership with the National Power Training Institute (NAPTIN) and the French Development Agency, has trained another batch of 50 electricians, including females in Lagos State as part of capacity development and to ensure safety. The three-month long training covers Solar Power, Cable Routing, Wire Installation, Energy Management Systems, Metering…