Energy

By PR A batch of six graduate trainees who recently completed a one-year hands-on programme at PFL Engineering Services Limited, Port Harcourt, on Thursday received certificates at a close-out ceremony attended by Management staff of Nigerian Content Development and Monitoring Board (NCDMB) and managers of the training programme. The Director, Monitoring and Evaluation Directorate of the NCDMB, Alhaji Abdulmalik Halilu, represented by a Manager of the Department, Mr. Mohammed Ahmed, expressed appreciation to PFL Engineering and the trainers for the quality programme which he said meets the standards stipulated by the Board.   Ahmed described the training programme as part of strategic intervention by the NCDMB aimed at building the...

3rd right: Dr. Obinna Ezeobi, representing the Executive Secretary, NCDMB By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Wednesday in Port Harcourt, Rivers State outlined its programmes designed to enhance local manufacturing and research and innovation, emphasising that the growth of Nigerian Content demands strengthening of in-country industrial capabilities.   Speaking at the 40th Annual General Meeting (AGM) of the Manufacturers Association of Nigeria (MAN), Rivers and Bayelsa branch, the Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe, said the Board is working towards a target of 70 per cent local content by 2027 and that substantial growth of manufacturing capabilities in the oil and gas industry was imperative for success.  “Local...

By Ali Elias The Nigerian National Petroleum Company Limited (NNPC Ltd) has issued a statement in response to a recent viral video that allegedly shows a dark liquid claimed to be Premium Motor Spirit (PMS) purchased from an NNPC Retail outlet at Keffi Flyover. NNPC Ltd emphasizes that this claim is unsubstantiated, and the company upholds strict quality control measures to ensure all petroleum products meet the highest standards. In the release, NNPC Ltd assures the public of its commitment to providing safe and reliable fuel, urging Nigerians to disregard unfounded reports circulated in the video. The Release, captioned “NNPC Ltd Disclaims Video of Adulterated Fuel Sold in Bottles, Jerrycans” states: The attention of the Nigerian National Petroleum Company Limited (NNPC Ltd) has be...

By PR The Nigerian National Petroleum Company (NNPC) Ltd has called for more collaboration and transparency among parties in the global energy industry’s quest to phase out carbon emissions across the oil and gas value-chain and achieve net-zero by 2050. Group CEO NNPC Ltd, Mele Kyari made this call while speaking at a Strategic Panel Session titled “Decarbonising Operations across Upstream, Midstream and Downstream” at the on-going Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC 2024) in Abu Dhabi, United Arab Emirates, on Tuesday. Kyari said beyond collaboration, transparency and openness are also important and not by vilifying those lagging behind, but by ensuring that the gaps between all parties are bridged. Kyari, who was represented by NNPC Ltd’s Ex...

Photo credit: Realnews By Ono Yima Three oil marketers have requested that the Federal High Court in Abuja dismiss a lawsuit filed by Dangote Petroleum Refinery and Petrochemicals, arguing that granting the refinery’s claims would harm Nigeria’s oil sector. In a counter affidavit (FHC/ABJ/CS/1324/2024) submitted to Justice Inyang Ekwo, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited warned that Dangote’s push to monopolize the industry is “a recipe for disaster,” and would increase fuel prices, strain the economy, and endanger energy security. The case originates from a suit by Dangote Refinery against the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and Nigerian National Petroleum Corporation Limited (NNPCL), among others, ...

By PR As part of the strategies to increase Nigeria’s crude oil production and enhance revenue accruing to the national treasury, the Nigerian Content Development and Monitoring Board (NCDMB) has advocated for a week in each year to be dedicated to signing final investment decisions (FIDs) on new oil and gas projects.  The Executive Secretary, NCDMB, Engr. Felix Omatsola Ogbe made the proposal on Tuesday in his presentation at the 2024 African Energy Week (AEW), holding at Cape Town, South Africa.    A final investment decision is the final point in an energy project, in which the company or partners owning and operating a project give the final approval for the development, releasing th...

By PR A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at Lekki Free Zone, Lagos State by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe and the Governor of Lagos State, Mr. Babajide Sanwo-Olu. Speaking at the event, the Executive Secretary hailed Bell Oil & Gas for its foresight and commitment to enhancing Nigeria’s oil and gas sector, noting that the company had invested in a key infrastructure that will meet a growing demand in the industry. He stated that Bell Oil & Gas’ areas of operations,&nb...

The Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has issued nine licences for modular refineries, according to NMDPRA Chief Executive Farouk Ahmed. Speaking at the 2024 Oil Trading & Logistics Africa Downstream Energy Week in Lagos, Ahmed highlighted that these licences, granted under President Bola Tinubu's administration, reflect Nigeria's increasing refining capacity, further boosted by the recent start-up of the Dangote refinery. Ahmed detailed the licences issued over the past year: nine to establish, seven to construct, and four to operate modular refineries. “Our refinery sector has been expanding rapidly with these licences,” he said, adding that the NMDPRA has streamlined regulations through stakeholder engagement to...

By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) is on the cusp of launching new Contracting Cycle Guidelines aimed at boosting Nigeria’s oil and gas sector by accelerating contract timelines, spurring investments, and enhancing local content, in line with directives issued by President Bola Tinubu in March 2024. This announcement, coming through a Press Release, , follows a recent sensitization workshop in Lagos, underscores NCDMB’s commitment to refining operational processes to meet national content goals. The new guidelines will be formally unveiled at the Practical Nigerian Content Workshop scheduled for early December. The Press Release titled,” Presidential Directives: NCDMB To Launch New Contracting Cycle Guidelines, Holds Sensitization W/shops”, ...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) on Monday in Port Harcourt, Rivers State, hosted a sensitisation workshop on its Nigeria Oil and Gas Industry Content Joint Qualification System (NOGIC JQS) Portal for critical stakeholders in the oil and gas industry. It was the second lap of a three-location event which began in Lagos on 23 October. Created by the Board in line with Section 55 of the Nigeria Oil and Gas Industry Content Development (NOGICD) Act, 2010, the NOGIC JQS serves as “an industry databank of available capabilities” to be used as sole system for “Verification of contractors’ capacities and capabilities,” “Database for national skills development pool,” and “Ranking and categorization of oil service companies based on capabilities and Ni...