Create Businesses Around Adverse Situations, Wabote Charges Youths

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has challenged young Nigerians to create business opportunities around uncomfortable situations rather than just complaining about them.He gave the charge while delivering the keynote address at the Junior Chambers International (JCI) Nigeria Senate Association Leadership Excellence for National Development (LEND) Webinar…

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Shell donates subsea training facilities to Nigeria varsity

The Nigeria deep-water arm of global energy giant, Shell, has donated multimillion naira laboratory equipment and software packages to the Offshore Technology Institute of the University of Port Harcourt as part of the company’s Nigerian content human capital development programme delivered in collaboration with the Nigerian National Petroleum Corporation (NNPC). “The donations are aimed at…

Seplat, Orjiako Win Global Awards for Outstanding Indigenous Performance

Seplat Energy Plc and its Board Chairman, Dr. ABC Orjiako have emerged winners at the Energy & Corporate Africa Leadership Award Night/Dinner held last week in Houston, Texas, United States for outstanding indigenous performance.A statement by the company recently said that the award was the climax of the Annual Sub-Saharan Africa Oil/Gas Conference that started…

Sylva Commissions NCDMB Research Incubation Centre, Launches $50m R&D Fund

The Minister of State for Petroleum Resources, Chief Timipre Sylva has commissioned the Nigerian Content Development and Monitoring Board’s Technology Incubation and Innovation Center and formally launched the US$50 million Nigerian Content Research and Development Fund.The Minister performed these tasks at the second edition of the NCDMB R&D Fair and Conference held recently at the…

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SHELL RESTATES COMMITMENT TO RESEARCH,DEVELOPMENT IN NIGERIA

Energy giant, Shell, has said its research and development strategy is aligned with Nigeria’s 10-year strategic roadmap for local content being implemented by the Nigerian Content Development and Monitoring Board (NCDMB).Managing Director of the deep-water business of Shell in Nigeria, Mrs. Elohor Aiboni, said Shell Nigeria Exploration and Production Company (SNEPCo) would continue to explore…

OGFZA Generates N9.41bn Revenue in Five Months

The Oil and Gas Free Zones Authority, OGFZA, has announced that it generated pthe sum of N9.41billion revenue through the free trade zones, between January and May 2021.Managing Director of OGFZA, Mr Umana Okon Umana, speaking to newsmen also  said N6.1 billion worth of investments are expected to materialise at the proposed Liberty Oil and Gas Free…

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NNPC N287bn Profit: Kyari Explains Facts Behind the Figures

…As Sylva, Board Members Hail Corporation Following the Presidential applause for the Nigerian National Petroleum Corporation (NNPC) on its posting of ₦287bn profit after tax in the 2020 financial year, the Group Managing Director, Mallam Mele Kyari, has given an insight into the measures adopted by his management to achieve the feat.Speaking at a press…

Adeyemi Joins Rainoil as Brand and Communications Manager

Foluso Ajoje Adeyemi has joined Rainoil Limited (Rainoil), a leading integrated downstream company in Nigeria’s oil and gas industry, as Brand and Communications Manager.Adeyemi, a seasoned brand, marketing, and communications professional with over 10 years’ experience has worked in various capacities with indigenous and multinational companies across Nigeria including Greenville LNG, Clarke Energy, and Cummins…

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DPR Plans Additional 14 Billion Barrels, 8TCF of Gas Reserves

The Department of Petroleum Resources (DPR) is close to ramping up Nigeria’s 36.9 billion barrels crude oil reserves by 14 billion barrels and the country’s gas reserves by an additional 68 Trillion Cubic Feet (TCF), DPR Director, Sarki Auwalu, has said.Speaking when he received the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC),…

Schneider Electric, others Reiterate the Need for Deployment of Technologies to Ensure Energy Security

Schneider Electric has reiterated the need for deployment of technologies to ensure energy security and sustainable development in Nigeria.General Manager Sub-Saharan Africa for Schneider Electric Process Automation, Mr. Ajibola Akindele, stated this at the 2021 Society of Petroleum Engineers (SPE) Nigeria Annual International Conference and Exhibition (NAICE), with the theme: “The Future of Energy – A Trilogy of…