By Ikenna Omeje, Jerome Onoja According to a 2010 report by Accenture, “The golden era of easy oil is over.” The report noted that “Today the rules of the game have changed: developing local economies, stimulating industrial development, increasing local capability, building a skilled workforce and creating a competitive supplier base—also referred to as local…
E-waste Is An Alarming Global Sustainability Challenge – Derefaka, J.O (2013) E-waste is in the Eye of the Beholder – (Seaber, 2014) INTRODUCTION The ambitious 2030 Agenda for Sustainable Development was endorsed by the United Nations and all Member States in September 2015. This new agenda identified 17 Sustainable Development Goals (SDGs) and 169 targets…
A leading indigenous drilling services company, Geoplex Drillteq Limited has once again proven to its clients its commitment to quality service delivery and brand consistency. The local content champion’s performance in one of its recent well optimisation projects asserts its positioning as a major player at a time when marginal field operators require indigenous capacities…
Simon Olanipekun The United Arab Emirate (UAE) has indicated interest to partner with Nigeria in the areas of renewable energy, agriculture, infrastructure logistics, among others. The partnership includes provision of vaccines to further control the COVID-19 pandemic. This was made known by the president’s spokesman, Mr Femi Adesina, in a statement recently. He…
Simon Olanipekun The South Korean Government has announced that it will invest $12.4 million for the construcon of solar mini-grids in Nigeria. This was disclosed in a statement by the Ambassador of Korea to Nigeria, Mr Kim Young-Chae, on Monday at the “Stand-alone mini-grid project” presentaon ceremony, granted by the Korean Government in Abuja. The…
TotalEnergies and its Oil Mining Lease (OML) 130 Partners have commissioned 11 projects across the six geo-political zones of Nigeria in 2021. In a bid to actualize its Corporate Social Responsibility (CSR) vision, the projects were initiated, executed and inaugurated under Batch three projects to mitigate the gaps in qualitative and technical education, maternal and…
The Nigerian oil and gas industry is strategic to the overall socio-economic development of the country. Nigerian Content (“NC”) development is critical for the nation as it progresses in its quest to acquire oil and gas technology and build indigenous capacity in the oil and gas industry. As an industry that thrives on partnership with…
Butane Energy Limited, one of the gas based business supported with equity investment by the Nigerian Content Development and Monitoring Board (NCDMB) has opened its 100 metric tonnes Liquified Petroleum Gas (LPG) Storage and Bottling Plant in Kabukawa layout, Kastina State. The project was commissioned on Saturday by the Kastina State Governor, Rt. Hon Aminu Bello…
… achieve 42% Nigerian Content The Nigerian Oil and Gas Industry spent approximately $20.4billion between 2016 and 2020, particularly in key areas such as Engineering, Procurement, Fabrication, Project Management, and Services. Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote revealed this at the opening of the 10th Practical Nigerian…
