Just another News Updates
Shell Companies in Nigeria paid the Nigerian government a total of $4.5 billion as production entitlements, taxes, royalties and fees last year, the company said in a new report which details payments in 25 countries where Shell has Upstream operations.. Production entitlements which are the host government’s share of production in the reporting period derived […]
President Muhammadu Buhari is set to flag-off the Third Oil field in Northern Nigeria on Wednesday. This was contained in a public announcement on Monday by the Nigerian National Petroleum Corporation Limited and the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The oil field is located in Ebenyi at the Headquarters of Obi Local Government […]
The Executive Secretary of the Nigerian Content Development and Monitoring Board, Engr. Simbi Wabote on Wednesday lauded Nivafer Engineering and Construction limited for the Local Content accomplishments it recorded in fabricating a High-Pressure Fuel Gas Skid for Shell Petroleum Development Company‘s (SPDC) Assa North gas project in-country. He gave the commendation while delivering his opening […]
Women entrepreneurs in the Nigerian oil and gas industry can break barriers by taking advantage of the $40m fund created specifically for them under the Nigerian Content Intervention Fund (NCI Fund), the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote said on Wednesday. He spoke at the annual […]
The Board of the Nigerian National Petroleum Company Limited (NNPC) has expressed satisfaction with the progress of work done on the Ajaokuta-Kaduna-Kano (AKK) Gas Pipeline Project and believed that the first Quarter 2023 target for delivering it will be met. This was made known when the GMD/CEO, Mallam Mele Kyari took the NNPC Board Members […]
The ongoing disruptions in the international energy industry present a unique opportunity for the Nigerian oil and gas industry to attract investments and serve as one of the leading hubs to meet global energy needs. The Executive Secretary of the Nigeria Content Development and Monitoring Board, (NCDMB) Engr. Simbi Kesiye Wabote stated this recently in […]
The Federal Government has warned that it would no longer condone any form of criminality on the nation’s oil and gas facilities and installations, saying that crude oil thieves, pipeline vandals and illegal refiners have their days numbered. The warning came from the Minister of State for Petroleum Resources, Chief Timipre Sylva; Chief of Defence […]
Key stakeholders of the oil and gas industry have commended the Nigerian Content Development and Monitoring Board (NCDMB) for catalyzing the development of critical oil and gas facilities, including Bunorr Integrated Energy Limited which would produce lube oil and other lubricants in-country. The stakeholders gave their commendations when they toured the base oil manufacturing plant […]