The Nigeria Extractive Industries Transparency Initiative (NEITI) Wednesday disclosed that it would unveil the owners or holders of Nigeria’s crude oil blocks by January 2020. NEITI’s disclosure coincided with President Muhammadu Buhari’s approval for the 2019 operations budget of the Nigerian National Petroleum Corporation (NNPC). NEITI also clarified that the $20 billion oil and gas…
The program will bring together candidates in the industry and provide them with a package of educational and networking opportunities. NAPEC will host the Second Young Professionals Session from 10th to 13th th March 2019 during the 9th North Africa Petroleum Exhibition & Conference. NAPEC Young Professionals Program aims to acknowledge, develop and support the…
The Board of the Extractive Industries Transparency Initiative (EITI) has ranked Nigeria as having made ‘Satisfactory Progress’ in the implementation of its principles in the country’s oil, gas and mining sector. The decision was announced yesterday in Kiev, Ukraine at the ongoing 42nd meeting of the EITI Board. EITI is a global standard for the…
The mandatory sea time training programme for 20 cadets sponsored by the Nigerian Content Development and Monitoring Board (NCDMB) started on Monday at Charkins Maritime and Offshore Services Limited, Port Harcourt, Rivers State. The programme is aimed at addressing the deficit of trained cadets in the maritime and oil and gas industries and reduce the…
The Nigerian Content Development and Monitoring Board (NCDMB) would partner the Government of Edo State in the development of the Benin Enterprise Park (BEP). The Executive Secretary NCDMB, Engr. Simbi Wabote made the commitment on Thursday when Governor of Edo State, Mr. Godwin Obaseki led a delegation to the Board’s Abuja liaison office. The Edo…
The Niger Delta University (NDU), Bayelsa State has sought for closer collaboration with the Nigerian Content Development and Monitoring Board (NCDMB) particularly in Research and Development. The Vice Chancellor of the university, Prof. Samuel G. Edonmiekumo made the request when he visited the Executive Secretary of NCDMB, Engr. Simbi Wabote on Tuesday at the Board’s…
President Mohammed Buhari and the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote on Monday canvassed for effective collaboration among African nations to enable them jointly develop mega energy infrastructure like refineries, gas turbines and pipelines and create employment opportunities for their citizenry. The President spoke in Abuja when he declared…
AITEO Exploration Ltd, operator of the 97 kilometre Nembe Creek Trunk Line, NCTL, has confirmed there is no loss of life in the explosion which occurred on Friday, March 1, 2019. A suspected explosion occurred in the Niger Delta, within the vicinity of Nembe Creek Well 7, behind Mile 1 Community in Bayelsa State, Nigeria….
The Nigerian National Petroleum Corporation (NNPC) has expressed its preparedness to build additional Independent Power Plants (IPP) in Abuja, Kaduna and Kano which is expected to add 4, 0000 megawatts of power to stabilize the national grid. The National Oil Company also disclosed that it would construct a Fertilizer Project in Brass, Bayelsa State. Chief…
The bid evaluation committee of the Central Procurement Board (CPB) says awarding a tender to construct the new 400kv Kunene-Omatando substations to Conco Namibia by NamPower poses significant risks that could result in substandard work. This revelation is contained in the evaluation committee’s report on the examination and evaluation of the bid. Conco Namibia is…