By Dr. Wisdom Enang History of the Nigerian Local Content Policy: Before the enactment of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, also known as the Nigerian Content Act, most operations in the nation’s oil and gas space were executed by International Oil Companies (IOCs). The glaring lack of technical know-how…
By Ikenna Omeje, Jerome Onoja Most of the Barite mining in Africa takes place in South Africa where there are barite mining facilities in seven provinces: Gauteng, KwaZulu Natal, Northern Cape, North West Province, Mpumalanga, Free State, Limpopo, and Gauteng. However, large barite deposits which have been discovered in Nigeria, in the states of Benue, Nasarawa, Taraba, Plateau, and…
By Esther Mark Jake Riley has entered an agreement with Novomet FZE, a renowned OEM and a leading provider of Electric Submersible Pumps (ESPs) products and services to provide best-in-class technology and expertise with the goal to continuously improve the production of oil and gas with less effort, cost, and environmental impact. This is contained…
The Nigerian Content Development and Monitoring Board (NCDMB) has tasked the media to engage in investigative journalism to expose non-compliance of players to the Nigerian Oil and Gas Industry Content Development (NOGICD) Act. The General Manager, Corporate Communications & Zonal Coordination of NCDMB, Dr. Ginah O. Ginah, gave the charge at a Nigerian Content capacity…
The Nigerian Content Development and Monitoring Board (NCDMB) has said that out of the $20.4 billion industry spend on key projects between 2016 and 2020 in the Nigerian oil and gas industry, 42 per cent local content was achieved. The aggregate industry spending, which was captured from the projects covered by the Board’s Monitoring…
Globally recognised mining companies, Barrick Gold Corp. and Rio Tinto Group have expressed interest in Nigeria’s largely untapped mining sector. This was recently disclosed by Nigeria’s Minister for Mines and Steels Development, Arc Olamilekan Adegbite, at a mining conference in Saudi Arabia’s capital, Riyadh. According to Adegbite, Nigeria is hoping investors will follow the example…
By Ikenna Omeje Secretary General of the Organization of Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, and an accompanying delegation visited the ancient city of Ur in Nasiriya in the south of Iraq. A statement by OPEC said the tour is part of the Secretary General’s mission to its founder member, Iraq. “It is a…
By Ikenna Omeje TotalEnergies has signed an agreement with a Spanish company, Plastic Energy, to promote the development of advanced plastic recycling. “Under this agreement, Plastic Energy plans to build a second advanced recycling plant in Sevilla, Spain, in addition to their existing operational plant, which will transform end-of-life plastic waste into a recycled feedstock…
The attention of Nigeria LNG Limited (‘NLNG’) has been drawn to an online advertisement announcing vacancies for its Train 7 Project positions. The advertisement goes further to request that interested persons join WhatsApp groups created for the purpose of progressing such employment. NLNG expressly disassociates itself from the advertisement and hereby informs the general public…
Simon Olanipekun President, Muhammadu Buhari, has pledged that the country will cut down carbon emissions and will reach net-zero by 2060. The president made the assertion in the recently conducted COP26 summit in Glasgow. Reiterating the importance of fighting against climate change, President Buhari explained that Nigeria is already facing the impact of…
