Wike Blames Oil Theft on Poor Welfare for Fallen Heroes Rivers State governor, Nyesom Ezenwo Wike says security agencies aide oil theft and illegal oil bunkering business unabashedly in the country because there is no standing welfare funds for legionnaires. To this end, the governor has charged the federal government should set up a standing…
NCDMB Marks Year-End, Rewards Staff for Long Service It was a night of colour and revelry at the Nigerian Content Towers, Yenagoa, Corporate Headquarters of Nigerian Content Development and Monitoring Board (NCDMB), as Management, staff and guests rollicked and carolled to close the year 2022. All attired in white, with few exceptions among guests, the…
OPEC+ Leaves Politics out of Decisions, Saudi Energy Minister Says OPEC+ members leave politics out of the decision-making process and out of their assessments and forecasting, Saudi energy minister Prince Abdulaziz bin Salman said in an interview with the Saudi state news agency on Tuesday. The minister added that the OPEC+ decision to cut oil…
Court Dismisses NLNG Objections in N1bn Claims Case by Macobarb The State High Court sitting in Port Harcourt, Rivers State has dismissed the preliminary objections filed by the Nigeria LNG Limited in a case filed by one of its contractors, Macobarb International Limited. The court in suit number PHC/2013/CS/2022 also slammed N200,000 against the Nigeria…
Nigeria Companies Use Barite for Industrial Production- Ginah Answering questions from journalists at the side line of the one-day capacity building workshop for journalists in Lagos with the theme: Enhancing Media Competencies to Support Nigerian Content in a Gas Economy, organized by the Nigerian Content Development and Monitoring Board (NCDMB), Dr. Ginah O. Ginah, General…
IPPG Commends NCDMB for Pragmatic Implementation of NOGICD Act The Independent Petroleum Producers Group (IPPG), has commended the Nigerian Content Development and Monitoring Board (NCDMB) for being pragmatic in the implementation of Nigerian content. The Chairman of IPPG, Abdulrazaq Isa gave the commendation on Tuesday at the 2022 Practical Nigerian Content (PNC), currently ongoing in…
Seplat Energy, C4C Youth Entrepreneurship Programme Empowers 22 Small Businesses Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, in partnership with Conversations for Change (C4C) has empowered a total of 22 entrepreneurs from the duo’s Youth Entrepreneurship Programme. The event had the entrepreneurs unveil their business plans…
Southwest Minnesota State University Signs Strategic Partnership with Nigerian Metering Company Minnesota State University, U.S., has signed a partnership with Nigerias energy service provider, Momas Electricity Meters Manufacturing Company, aimed at providing Masters in Business Administration (MBA) degrees to the company’s executives and other interested individuals. The Memorandum of Understanding (MoU) was signed on Friday…
Schneider Electric commemorates 1,189 days without LTI Leading energy management and automation firm, Schneider Electric Nigeria recently held a Safety Day event to commemorate the achievement of 1,189 days without a Lost Time Injury and to recognise its field services team. A lost time injury (LTI) is an injury sustained on the job by an…
PwC various innovative financing structures There are various innovative financing structures, industry financiers tell winners of marginal oilfield licences at PwC’s stakeholders’ forum. Leading professional services firm, PwC Nigeria, held its oil and gas stakeholders forum with the theme: ‘Marginal Oilfield Licence: After Winning, What Next?’. The event took place at the Eko Hotel and…
