Energy

Photo courtesy of Daily Trust By Ono Yima The Nigerian National Petroleum Company (NNPC) Ltd has appointed Maryam Idrisu as Managing Director of NNPC Trading and Obioma Abangwu as Chief Liaison Officer for Board Matters, in a major management shake-up that has seen the exit of over 200 staff, including several close associates of former Group Chief Executive Officer, Mele Kyari. This development follows the recent appointment of Mr. Bayo Ojulari, a former Shell executive, as the new GCEO of NNPC Ltd. Since taking office on April 4, Mr. Ojulari has moved swiftly to restructure the company, implementing broad reforms aimed at opening up leadership opportunities and promoting diversity considered necessary for its survival. Among those affected by the overhaul are Bala Wunti, form...

By PR The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has reiterated the vision of the Board as a catalyst for the industrialisation of Nigeria’s oil and gas industry and related sectors, noting that its role in that regard is regulatory, developmental and promotional.      Speaking in Lagos at the 15th Anniversary Awareness Workshop on the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, hosted by AMNI International, he said the mandate of the NCDMB is to develop local capacities and capabilities across the oil and gas value chain, and to enforce and promote the implementation of the Act.  He noted that “You don’t just develop capacity and capabilities without utiliz...

By Ali Elias The Federal Government has called on Renaissance Africa Energy to urgently ramp up crude oil production following its acquisition of Shell Petroleum Development Company's (SPDC) onshore assets in Nigeria. Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said this when he received the Renaissance Africa Energy management team in his office in Abuja. Renaissance Africa Energy, a consortium comprising ND Western Limited, Aradel Holdings Plc, FIRST Exploration and Petroleum Development Company Limited, Waltersmith Group, and international firm Petrolin, recently completed the acquisition after securing regulatory approval. "Having acquired Shell, the expectations are very high," Lokpobiri said. "Nigerians are expecting that you will, within ...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) and Nigerian Gas Infrastructure Company Limited (NGIC) have agreed in principle to explore opportunities for collaboration to advance national objectives in local content development and energy infrastructure. At a meeting on Wednesday between the Management of the NCDMB, led by the Executive Secretary, Engr. Felix Omatsola Ogbe, and top Management personnel of the NGIC, led by the Managing Director, Mr. Mustapher M. Anas, deliberations focused on possible joint initiatives in the midstream sector, aligning NGIC projects with local content imperatives, and knowledge sharing, capacity building, and joint project execution. The NGIC team, which was on a courtesy visit to the NCDMB Liaison Office, Abuja, presented an...

By PR A delegation from the Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday visited MT Valves West Africa Free Zone at Lekki Free Zone, Lagos, to assess the firm’s operations and plans to invest in a 15,000 tons per year valves manufacturing facility. The company is a subsidiary of MT Group, a global manufacturer of industrial valves, with presence across Africa, Middle East and Asia, manufacturing 60,000 tons of valves per year from its plant at Abu Dhabi, United Emirates and cutting-edge research and development center and manufacturing base at Shanghai, China, the global headquarters. The Board’s delegation was led the Special Technical Assistant to the Executive Secretary, Engr. Harmony Kunu, Manager Media and Publicity, Dr. Obinna Ezeobi and Manager Com...

By Ali Elias In a major move to bolster Nigeria’s gas infrastructure and utilization, the Nigerian Content Development and Monitoring Board (NCDMB), led by its Executive Secretary, Engr. Felix Omatsola Ogbe, FNSE, convened a strategic meeting yesterday with the NNPC Gas Infrastructure Company (NGIC), a subsidiary of NNPC Limited. The meeting, held to explore collaborative opportunities, was attended by NGIC’s Managing Director, Mustapha M. Anas, and other top executives. According to a statement released by the Board, discussions "focused on NGIC’s request for funding support to scale up key infrastructure projects, particularly those connecting the northern, eastern, and southern regions to reliable gas supply." Highlighting the Board’s successful partnership with Betagas, Engr. ...

By PR A few days after assuming duties as the new Group Chief Executive Officer of the NNPC Ltd, Mr. Bashir Bayo Ojulari has met the staff of the Company, with a vow to pursue the company’s bold ambitions and build an NNPC that will be the pride of all Nigerians. In a townhall meeting held at the NNPC Towers in Abuja, on Thursday, Ojulari said it was a huge honour and responsibility to lead the NNPC Ltd, describing the Company as an entity that means a lot to Nigeria and its future. “We stand at the gateway of a new era—one that demands courage, professionalism, and a relentless drive for excellence. The task before us is great, yet the opportunity to redefine Nigeria’s energy future is even greater. Now is the time to turn our transformation promise into performance,” Ojulari tol...

Executive Secretary NCDMB Engr. Felix Ogbe By Ali Elias Ikorodu, Lagos: The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Thursday, reaffirmed the agency’s commitment to inclusive industrial growth during the commissioning the Monarch Alloys Limited 3LPE and Concrete Weight Coating Facility in Ikorodu, Lagos, on April 24, 2025 Describing the plant as a significant step in Nigeria’s quest for energy-sector self-sufficiency, Engr. Ogbe declared that “Nigerian Content is not about ‘Nigerianisation’ or exclusion of foreign participation in the Oil and Gas Industry.” “It is about value creation in Nigeria by encouraging the involvement of multinationals and Original Equipment Manufacturers (OEMs) in a mutually ben...

By PR The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday announced a ban on the issuance of waivers for the importation of threaded pipes for use in the Nigerian oil and gas industry. He handed the directive to the Nigerian Content Development and Monitoring Board (NCDMB) at the commissioning of Monarch Alloys Limited’s concrete weight coating plant at Ikorodu, Lagos State. The plant has an annual external capacity coating capacity of two million square meters and an internal square meters coating capacity of one million square meters. The facility supports onshore and offshore pipeline requirements where increased line lengths and sea-bed depths demand advanced corrosion protection and deploys full range of coating systems.  The ev...

L-R: Managing Director and Chief Executive Officer Renaissance Africa Energy Company, Dr. Tony Attah, Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe and Chairman of Renaissance Africa Energy Company Limited, Dr. Layi Fatona By Ali Elias In a move signaling renewed commitment to local content advancement and indigenous energy development, the Nigerian Content Development and Monitoring Board (NCDMB) has pledged full support to Renaissance Africa Energy Company Limited, the consortium that recently acquired Shell Petroleum Development Company’s (SPDC) onshore oil assets. The pledge was made during a courtesy visit by Renaissance Energy’s management to the NCDMB headquarters at the Nigerian Content Tower, Yenagoa, Bayelsa Sta...