With the oil and gas industry undoubtedly the mainstay of Nigeria’s economy, Nigerian Content Development and Monitoring Board has rolled out plans to nurture 100 indigenous oil and gas service providers, in a competitive and sustainable way through targeted interventions, into large scale players that will create high value and better develop the sector. The…
The Nigerian Agip Oil Company (NAOC) has donated three geosciences workstations to the University of Port Harcourt, Rivers State, University of Ibadan, Oyo State and Modibbo Adama University of Technology, Adamawa State. The workstations are equipped with nine OpendTect Software licences, worth $200,000, but were provided free by Danvic Petroleum Nigeria, with a commitment to…
Engr. Simbi Wabote, Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) went global today with Nigerian Content Advocacy, when he addressed delegates to the African Oil Week (AOW) in Cape Town, South Africa at the start of the African Local Content Forum. African Local Content Forum is an innovative inclusion in the bouquet…
The Nigerian National Petroleum Corporation, NNPC, Sunday, called for increased collaboration with members of the African Union of Transportation and Logistics Organization to address the rising incidents of cross-border leakages of petroleum products. In a statement in Abuja, Group Managing Director of the NNPC, Mr. Maikanti Baru, said smuggling of petroleum products remained a blight…
L- R: Christophe Begat, Managing Director Schneider Electric West Africa; Nabil Djouhri, General Manager Schneider Electric West Africa; Dr. Ibilola Amao, Principal Consultant Lonadek Inc, United Kingdom; Abdul-Malik Halilu General Manager Strategy (PRS) Nigerian Content Development and Monitoring Board (NDMB), Federal Republic of Nigeria; Mr Banigbe Ibitayo Bankole, Lead Solutions Architect, Schneider Electric West Africa.
Come April 14 to 16, the Oil and Gas Trainers Association of Nigeria shall host its second Annual Conference and Exhibition (OGTAN ACE) at Eko Hotel and Suites. The theme of the conference is: “Human Capital Development as a Driver for National Transformation”. Human capital development is undoubtedly the pivot for any meaningful programme…
The Murtala Muhammed International Airport, Lagos was on Thursday hit by a temporary power outage which affected the D Wing of the terminal. General Manager, Corporate Affairs, Federal Airports Authority of Nigeria, Mrs. Henrietta Yakubu, said the power disruption was caused by a minor electrical fault. Yakubu said: “FAAN wishes to inform the general public…
Leading energy company, Forte Oil, says it will commence talks with a view to selling its power unit to Mr. Femi Otedola, the company’s major investor. The company said in a statement it was seeking shareholder approval in a vote on Feb. 7 to start talks with billionaire Otedola, according to Reuters report. Amperion Power…
Oil traders seem increasingly convinced OPEC’s prompt action in cutting production will be enough to offset the impact of rising shale production and slowing global growth. Brent futures prices have stabilised around $60 per barrel in recent sessions, well below the peak of over $85 at the start of October, but significantly higher than the…
Nigeria’s President Muhammadu Buhari, has declined to assent to the Energy Commission Amendment Bill, 2018. In a letter dated January 4 addressed to the senate president, Bukola Saraki, President Buhari said the Bill is “unconstitutional”. The letter was read out by the deputy senate president, Ike Ekweremadu to the house on Thursday. According to the…