Seven Nigerian Content Ministerial Regulations have been approved and gazetted, making them subsidiary legislations that can be implemented by the Nigerian Content Development and Monitoring Board (NCDMB). The Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote announced this in Lagos on Wednesday at the colloquium organized by the Board with the Nigerian Bar Association’s…
Daniel Terungwa The Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, has called on Belgian businesses to invest in the country’s diamond industry and thus help boost the sector. Diamantino Azevedo, who was speaking recently in Luanda to about 20 visiting Belgian business people with the Antwerp World Diamond Center (AWDC), said the call…
By Ikenna Omeje Nigeria’s proposed upstream projects may experience more delays as oil and gas Exploration and Production companies across the world cut spending by $285 billion in two years. According to a Rystad Energy report, this is as a result of the toll of the Covid-19 pandemic on upstream investments in the first two…
Douala – Labacorp Energy, a Cameroonian indigenous company, has announced that it will open a new solar academy in Kenya to support the government objectives towards a sustainable source of power in the country’s energy sector. Labacorp will work with its joint venture partner, Mission Excellence Kenya, to establish the solar academy in the country’s…
By Ikenna Omeje President Muhammadu Buhari is expected to receive some key players in oil and gas sector in Paris, France, his Senior Special Adviser on Media and Publicity, Garba Shehu, has said in a statement. Buhari on Sunday, departed Abuja for Paris, on a four-day official visit to attend African Finance Summit which will…
By Ikenna Omeje Oilserv Limited, a leading provider of integrated engineering, procurement, construction, installation & commissioning (EPCIC) services, has appointed Engr. Kaine Cliffe as the new Group Chief Operation Officer (COO) of the company. He replaces Adegbite Falade who was recently appointed the Chief Executive Officer (CEO) of the Niger Delta Exploration and Production Plc. “Oilserv…
… 50% of Train 7 project to be executed locally The Nigerian Content Development and Monitoring Board (NCDMB) has announced that the 2021 edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF) will be held virtually on May 25 and 26, 2021. The Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote revealed this on Tuesday during a press…
The Petroleum Technology Association of Nigeria (PETAN) is set to host the fifth Sub Saharan Africa International Petroleum Exhibition and Conference (SAIPEC) scheduled to hold virtually on 19 – 21 May 2021. SAIPEC, since 2017, is the only full stream business platform for the African continent which has played a major role in connecting more than…
Lagos, 11 May 2021: UTM Offshore Limited, a Nigerian marine services company, has signed this morning a pre-Front End Engineering Design (Pre-FEED) contract with JGC Corporation of Japan for the development of a floating liquefied natural gas (LNG) project offshore Nigeria. Another contract was also sighed with KBR, who is now the project’s Owners Engineer…
By Ikenna Omeje The National Union of Petroleum and Natural Gas Workers (NUPENG) has directed Petroleum Tanker Drivers (PTD) to withdraw their services from Kaduna State, effective, Sunday, May 16, 2021. In a letter addressed to the Chairman and the Secretary of PTD, the General Secretary of NUPENG, Comrade Olawale Afolabi, said this is in…
