Author: Rareview

PR The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday at the Delta State High Court Conference Hall, Asaba, held a one-day sensitisation workshop for High Court Judges and members of the legal profession on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, its implementation and achievements to date. In his opening remarks at the event, the Director, Legal Services of the NCDMB, Barr. Naboth Onyesoh, said the Act, which established the Board, recognises the importance of other stakeholders to the successful implementation of the Nigerian Content law and expressly mandates the Board to create awareness and public enlightenment through workshops, conferences and other forms of public education. He noted that the Board has consistently ...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday executed the engineering, procurement, and construction contract with Julius Berger PLC for the development of Oloibiri Museum and Research Centre (OMRC), to be located at Otuabagi, Ogbia Local Government Area of Bayelsa State. The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe executed the contract at the Board’s liaison office in Abuja, with the project construction to be delivered within 30 months. The Oloibiri Museum and Research  Centre (OMRC) is being financed by the Petroleum Development Technology Fund (PTDF), NCDMB, Shell Petroleum Development Company/Nigerian National Petroleum Company Ltd and the Bayelsa State Government, in the ratio of 40:30:20 and 10 respectively. The projec...

By Ali Elias After over two years of delays, Seplat Energy Plc, Nigeria’s leading energy company listed on both the Nigerian Exchange Limited and the London Stock Exchange, has announced the successful completion of its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil.  This acquisition marks a transformative milestone for Seplat Energy, doubling its production capacity and positioning the company for significant growth and profitability. Additionally, it bolsters Seplat's contributions to Nigeria’s energy sector and economic development.  With this deal, Seplat Energy has become Nigeria’s leading independent energy company, acquiring equity in 11 oil blocks located onshore and in shallow waters, along with 48 producing oil and gas fields, five gas...

By Els Williams The recently concluded 13th Practical Nigerian Content Forum, hosted by the Nigerian Content Development and Monitoring Board (NCDMB) at its iconic tower in Yenagoa, Bayelsa State, provided a vibrant platform for stakeholders to reflect on the journey of Nigerian content development. Themed discussions revolved around strategies for sustaining the achievements and ensuring continued growth in local content implementation, particularly in the oil and gas sector. Moderated by Dr. Obinna Ezeobi, the panel, “Sustaining the Tempo of Nigerian Content Development”  featured insightful contributions from Ms. Tassalla Tersugh and Engr. Bashir Ahmed. Their perspectives highlighted NCDMB's steadfast dedication to fostering policies that empower Nigerian businesses, build in...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Port Harcourt challenged practising journalists and other media stakeholders to deploy their skills in interrogation of reports on Nigerian Content performance in the oil and gas industry, so as to make the facts behind the resounding success in in-country value addition known to citizens.     Speaking at a one-day workshop themed “The Role of the Media in Maintaining the Tempo of Nigerian Content Implementation,” the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe, said the Board profoundly appreciates the capacity of the mass media to inform and educate the populace and has chosen forums such as the workshop to bring practitioners up to speed with its activities.   Ac...