Energy

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...

(6th left) Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe By PR The Nigerian Content Development and Monitoring Board (NCDMB) has reaffirmed its commitment to preventive mechanism against corrupt practices in its internal operations and interface with stakeholders as well as transparency in local content implementation processes. The Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe made the commitment on Thursday at the Nigerian Content Yenagoa, Bayelsa State, at an event organised by the Board to mark the international anti-corruption day. He disclosed that the NCDMB is deliberate in its efforts to curb instances of corruption and has signaled its firm resolve through adequate support to the Board’s Anti-Corruption Unit (ACTU-NCDMB) by providing it with a func...

By PR The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Wednesday in Yenagoa expressed profound gratitude to industry stakeholders, top-ranking vendors and staff of the Board for their contributions to the success of the Practical Nigerian Content (PNC) Forum 2024. Speaking at the official closing ceremony of the four-day event at the Conference Centre of the Nigerian Content Tower (NCT), he said their active participation enriched discussions as the Board charts a pathway to the next frontier for Nigerian Content implementation. Engr. Ogbe reiterated the Board’s determination to deepen engagements with local communities and oil and gas industry players through sundry schemes newly introduced, such as the Back-to-the-...

NCDMB Executive Secretary, Engr. Felix Omatsola Ogbe (Front row, in suit) By Els Williams The 13th Practical Nigerian Content (PNC) Seminar concluded on Thursday in Yenagoa, Bayelsa State, marking another milestone in Nigeria’s drive toward increased local participation in the oil and gas sector. Hosted by the Nigerian Content Development and Monitoring Board (NCDMB), the seminar gathered key stakeholders, including government officials, industry leaders, and international partners, to review progress and chart the path forward. With the Nigerian Content performance level reaching 56% in 2024, stakeholders commended the NCDMB's transformative initiatives.  Full press release: NIGERIAN CONTENT LEVEL HITS 56% AS MINISTERS, STAKEHOLDERS HAIL NCDMB ON DEVELOPMENTAL INITIATIVES&nb...

By Els William The Federal Government has reaffirmed its commitment to making natural gas the cornerstone of Nigeria's energy transition, leveraging its abundance to fuel industrial growth and promote sustainability. Speaking at the 13th Practical Nigerian Content (PNC) Forum in Yenagoa, Bayelsa State, the Honourable Minister of State for Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, highlighted the strategic role of the Nigerian Content Development and Monitoring Board (NCDMB) in advancing this agenda. The Minister underscored the importance of natural gas as both an economic driver and a critical component in achieving energy security. Through initiatives like the Decade of Gas, the government has laid a robust foundation for harnessing gas resources, completing significan...

By Els Williams Mallam Mele Kyari, NNPC Limited’s Group Chief Executive Officer, stated this while delivering his goodwill message at the 13th Practical Nigerian Content (PNC) Forum, holding at the Nigerian Content Development and Monitoring Board (NCDMB) headquarters in Yenagoa, Bayelsa State. Kyari praised NCDMB for being the cornerstone of Nigeria’s local content journey, particularly since the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act in 2010. This legislation marked the dawn of a new era for local businesses, fostering innovation, empowering indigenous enterprises, and placing Nigeria on the global competitiveness map. The Board’s proactive initiatives have transformed resource management into a springboard for industrial growth, ensuring th...

By Els Williams  At the 13th edition of the Practical Nigerian Content (PNC) Forum, holding in Yenagoa, Bayelsa State, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix O. Ogbe (FNSE), delivered a keynote address that charted a bold course for the future of Nigerian content in the oil and gas industry. With the theme “Defining the New Frontier of Nigerian Content Implementation,” the forum underscored the Board’s commitment to driving local participation and innovation under the guiding framework of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010.  In his opening remarks, Engr. Ogbe reflected on the significance of the occasion, particularly as it marks his first forum as Executive Secretary. He ...