NCDMB Beats 10-year Strategic Roadmap, Implements 83% Target

BY CHIKA OKEKE, AbujaWith four years to the end of the Strategic Roadmap, Nigerian Content Development and Monitoring Board (NCDMB) has implemented 83 out of 96 percent target for local…

NCDMB, SLB Unveil Software to Address Oil, Gas Industry Pitfalls

BY CHIKA OKEKE, AbujaNigerian Content Development and Monitoring Board (NCDMB) and SLB, a global technology company has unveiled a software expected to address the pitfalls in the Oil and Gas…

Crude Oil Importation Looms over Low Production

BY CHIKA OKEKE, AbujaThere is an indication that Nigeria may soon begin the importation of crude oil given the low production capacity and condition of the refineries.Nigerian Upstream Petroleum Regulatory…

NCDMB Wants Indigenous Firms to Embrace Corporate Governance

BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has appealed to indigenous oil and gas companies to embrace corporate governance in their operations for maximum growth and…

$5bn Train-7 Project Reaches 52% Completion, Engages 8,300 Persons

BY CHIKA OKEKE, AbujaThe ongoing construction of the $5bn Train-7 project undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent completion.This…

Local Content: NCDMB Praises Genesis Group for Creating 2,500 Jobs

BY CHIKA OKEKE, AbujaCommitted to promoting local content in all sectors of the economy, the Nigerian Content Development and Monitoring Board (NCDMB) has praised the foremost hospitality firm, Genesis Group…

NCDMB Enjoins Stakeholders to Implement PIA for Positive Growth

BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has challenged stakeholders in the oil and gas industry to implement the Petroleum Industry Act (PIA) 2021 for positive…

Oil Industry: NCDMB Predicts Steady Progress Despite Shrunken Investments

BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has predicted steady progress in the oil and gas industry despite shrunken investments, global quest for cleaner energy and…

Africa: NCDMB Blames Revenue Loss on Absence of Local Content

BY CHIKA OKEKE, AbujaThe Nigerian Content Development and Monitoring Board (NCDMB) has blamed the persistent revenue and job loss in most African countries to absence of local content in key…