Energy

By PR In a move to provide a new financing solution to the Nigerian oil and gas service sector, and accelerate local content growth, the Nigerian Content Development and Monitoring Board (NCDMB)and theBank of Industry (BOI) on Friday in Lagos inaugurated the Investment Committee of the Nigerian Content Equity Fund (NCEF) – a groundbreaking $100 million financing product designed to avail long-term financing to service companies and provide access to funds in exchange for equity rather than traditional debt instruments. The committee was inaugurated by the Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, setting the stage for the rollout of the pioneering financing window under the Nigerian Content Intervention Fund (NCI Fund). According to the ...

By PR The Nigerian Content Development & Monitoring Board (NCDMB), in partnership with Butane Energy Limited, has commissioned a Liquefied Petroleum Gas (LPG) plant in Bauchi State as part of its strategic efforts to deepen domestic gas utilization, expand access to cleaner cooking fuel, and strengthen indigenous participation across Nigeria’s energy sector. The Bauchi LPG plant is the third facility developed under the NCDMB–Butane Energy partnership, following the successful establishment of similar plants in Katsina and Kaduna States. This expansion directly supports the Federal Government’s Decade of Gas initiative and aims to tackle energy poverty across Northern Nigeria. Speaking during the commissioning ceremony, the Director, Corporate Services of NCDMB, Dr. Abdulm...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) has lauded Brentex Petroleum Services Limited on the significant progress recorded on its Steel Pipe Induction Bending and Coating Facility at the Federal Ocean Terminal (FOT), Onne Port, Rivers State, describing it as a landmark industrial project and a major demonstration of Nigeria’s growing status as a leading hub for oil and gas logistics, engineering, and manufacturing services.  The Brentex Facility is a $50 million investment being developed to provide integrated steel pipe induction bending, heat treatment, testing, and coating services for Nigeria’s oil and gas industry. The project, which has attracted over $26 million in investments to date, is expected to become Africa’s first fully integr...

By Rareview News Report LAGOS — Nigeria's oil and gas industry is poised for a new era of investment and production growth, but only if government sustains policy consistency, strengthens local content implementation and creates an enabling environment for indigenous companies to thrive. That was the consensus of leading industry executives who spoke during a high-level panel session at the ongoing Society of Petroleum Engineers (SPE) Nigeria Annual International Conference and Exhibition (NAICE) in Lagos, where experts assessed the impact of recent reforms on investment, production and long-term competitiveness. The panel session, themed "Policy in Practice: Aligning Fiscal Strategy, Foreign Investment and Local Content for Sustainable Growth in Nigeria," brought together sen...

By PR The Nigerian Content Development and Monitoring Board (NCDMB), through its Capacity Building Division (CBD), has successfully concluded the Human Capacity Development (HCD) training programme in Non-Destructive Testing (NDT) Levels I and II for 30 Nigerians, reaffirming its commitment to developing globally competitive indigenous manpower for Nigeria’s oil and gas industry. The close-out ceremony, held on Friday, July 24, 2026, at the Skills Development Centre, East-West Road, Roumudara, Port Harcourt, marked the successful completion of the intensive technical training facilitated by the Board in partnership with Gennesaret Resources Nigeria Limited. Delivering the keynote address, the General Manager, Human Capital Development, Ms. Alexis Emelle, charged the graduates ...

By PR The Minister of State for Petroleum Resources (Gas), Rt. Hon. Obongemem Ekperikpe Ekpo, on Saturday commended the Nigerian Content Development and Monitoring Board (NCDMB) for demonstrating that Local Content Policy could be a force for transforming lives and creating socio-economic value through community-focused interventions. Speaking at the commissioning of a state-of-the-art Information and Communication Technology (ICT) Centre at Ika Comprehensive High School, Ikot Akpan Anwa, Akwa Ibom State, the Minister said such a strategic investment in the area, with vast possibilities for research and online learning through diverse educational platforms, would bolster human capital development, digital literacy and sustainable community development. The ICT Centre, built an...

By Ali Elias The Nigerian Content Development and Monitoring Board (NCDMB) has intensified its drive to expand domestic gas utilisation and promote cleaner energy with the commissioning of a new Liquefied Petroleum Gas (LPG) plant in Bauchi State, reaffirming its commitment to strengthening indigenous participation across Nigeria's oil and gas value chain. The facility, commissioned on Thursday in partnership with Butane Energy Limited, represents another milestone in the Board's strategic investment programme aimed at increasing access to cooking gas, stimulating local enterprise and supporting the Federal Government's energy transition agenda. The project builds on the successful collaboration between the NCDMB and Butane Energy Limited, which has already delivered similar L...

By PR Forty-five young Nigerian graduates on Wednesday in Port Harcourt underwent kick-off formalities for a 12-month Nigerian Content Human Capital Development (NC-HCD) Training Programme for technical competencies identified as critically important for value retention and increased indigenous participation across the oil and gas industry value chain. Organised by the Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Chevron Nigeria Limited and Tombas Resources Nigeria Limited, the programme is geared towards provision of Automated Crude Oil Storage Tanks Upgrade and Repair Services, and is designed to have the trainees adequately grounded in process control technologies, industrial instrumentation and maintenance practices, as well as automation sys...

By PR The Nigerian Content Development and Monitoring Board (NCDMB) will on Monday, July 27, 2026, officially launch the Nigerian Content Trainers’ Registration Certificate (NCTRC), marking a significant milestone in the Board’s efforts to strengthen quality assurance and standardisation in human capacity development across Nigeria’s oil and gas industry. The platform will be live on the Nigerian Oil and Gas Industry Content Joint Qualification System (NOGIC-JQS) portal. The NCTRC is a digital verification and certification platform developed by the NCDMB to assess, inspect, verify, and rate training service providers operating within the Nigerian oil and gas industry. The initiative gives effect to the Regulation for Training in the Nig...

By PR Former President Goodluck Ebele Jonathan on Monday at the Nigerian Content Tower (NCT), Yenagoa, expressed his sense of fulfilment at the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, 2010, and the many benefits that have accrued to Nigeria at the national and community levels since the emergence of the Nigerian Content Development and Monitoring Board (NCDMB), that has over time assumed the critical role of business enabler. He recalled the enthusiasm and promptness with which he signed the NOGICD Bill into law in April 2010, stating that the inspiration came from a visit to China as head of a trade delegation to that country during his days as Deputy Governor of Bayelsa State (December 2005-May 2007).&n...