Energy

The Nigerian Content Development and Monitoring Board (NCDMB) has been applauded for its steadfast commitment to the growth of local content, particularly for the support it lends to the fabrication subsector of the Nigerian oil and gas industry. The leadership of Dorman Long Engineering Limited gave the commendation on Wednesday during a courtesy visit to the Executive Secretary of the NCDMB, Engr. Felix Omatsola Ogbe at the Nigerian Content Tower, Yenagoa, Bayelsa State. The Dorman Long Engineering team was led by the company’s chairman, Dr. Timi Austen-Peters and their mission was to announce plans to celebrate the company’s 75th anniversary in Nigeria. In his remarks, Peters underscored NCDMB’s significant contributions to the success of Dorman Long and other fabrication firms...

Hopes of new projects that would revitalize the Nigerian oil and gas industry and grow local content appear close to realization as the Managing Director and Country Chair TotalEnergies E&P Nigeria Limited, Mr. Matthieu Bouyer reconfirmed on Thursday that the company would take the final investment decision (FID) on the Ubeta gas project in 2024, while some other big projects would follow shortly. The Managing Director made the announcement when he led senior officials of the company to visit the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe at the Board’s Abuja liaison office. The purpose of the visit was to congratulate the Executive Secretary on his appointment and reassure him of Total Energies’ commitment to c...

The world’s biggest single-train facility, Dangote petroleum refinery and petrochemicals, came on stream yesterday, with the commissioning by President Muhammadu Buhari. The world’s biggest single-train facility, Dangote petroleum refinery and petrochemicals, came on stream yesterday, with the commissioning by President Muhammadu Buhari. Located at Ibeju Lekki, on the axis of Victoria Island, in Lagos State, this groundbreaking facility has all it takes to be the game changer, not only for the Oil and Gas industry in Nigeria but for the whole Nigerian economy. Its ripple effects would also be likely felt on the economies of the neighbouring West African States. Here are some 21 distinct features of the refinery 1. It is located in Ibeju, Lagos, Covering a land area of appr...

‘We recognise the role of the regulator and are happy you recognise that of the operator and the need for regular engagement.”. The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on Friday as the Management of the Nigeria LNG Limited led by the Managing Director, Dr. Philip Mshelbila held an engagement session with the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote at the gas company’s operational base at Finima, Bonny Island. The high-level engagement was part of the three-day Nigerian Content Stakeholders Ret...

“We want people to exercise, we want people to keep fit and hence, we sponsor this event" Uyi Osemewegie has been rewarded with the star prize of a brand-new 2022 GS3 SUV (Sports Utility Vehicle) for coming tops at the just concluded Golf Tournament sponsored by the Nigerian Content Development and Monitoring Board (NCDMB). The game which took place on Sunday at the IBB Golf Course, Abuja, is to kick start the 2023 Nigerian Oil and Gas (NOG) Energy Week, organized by DMG Events. The car was part sponsored by GAC Motor. Among the winners in other categories at the tournament are, Longest drive (Ladies): F. Wada; Longest drive (Men): Adokiye Ikpoki; Best nett (Ladies): D. Mamza; Nearest the pin (Ladies): F. Wada; Nearest the pin (Men): Joe Poroma; Best nett (Veterans): Y. M. Sanus...

“It will be a sad outcome if we stop the importation of refined petroleum products only to replace it with the importation of crude oil for use in our local refineries.”. The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the current low production numbers. He gave the warning in his goodwill message at the 41st Annual Conference and Exhibition of the Nigerian Association of Petroleum Explorationists (NAPE) on Monday in Lagos. He bemoaned Nigeria’s low production of crude oil and gas despite the abundant reserves and challenged members of the Nigerian Association of Petroleu...

The fourth edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) 2023 will explore emerging opportunities in the oil and gas industry, linkage sectors as well as the entire African continent, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote announced on Wednesday. He spoke in Abuja in a media parley convened ahead of the biennial NOGOF scheduled to hold at the NCDMB Conference Hall in Yenagoa, Bayelsa State, on May 18 and 19, with delegates registration and a welcome cocktail planned for a day earlier. He explained that NOGOF was conceptualized in 2016 as part of the Board’s strategies to develop the oil and gas industry and provide a platform to showcase the various opportunities available in the oil and g...