Government cautions IOCs against flouting local content act
International oil companies have been urged to stop flouting the Nigeria local content law and thwarting maximum utilisation of Nigerian services and assets. The Executive Secretary...
NCDMB sensitises operators on content fund’s remittance
The Nigerian Content Development and Monitoring Board (NCDMB) has cleared difficulties associated with remittance of the one per cent Nigeria Content Development Fund (NCDF) by oil and gas operators.
Total $16billion EGINA project ready by Q4 2018
Total Upstream Nigeria Limited (TUPNI), operators of the Egina field has said the $16billion project is expected to be completed in before year end...
NNPC allays fear of petrol scarcity during festive season
The Nigerian National Petroleum Corporation (NNPC) has dispelled fear of possible scarcity of petroleum products as the festive period approaches.
Nigerian vessels to get first consideration in crude oil lifting
Succour is around the corner for indigenous ship owners in the country, as the industry regulators expressed commitments to enforce the provision of a special consideration for Nigerian vessels in the contracts for crude oil lifting.