‘Nigeria’s local content advocacy generating cross-border impacts’
The organisers of the African Oil Week (AOW), say aside driving the ongoing localisation of industry knowledge and expertise, Nigeria’s local content advocacy, through monumental capacity development programmes, is generating huge cross border impacts.
Nestoil Group records over 98% Nigerian workforce
In line with the country’s local content agenda, over 98 per cent of Nestoil Group’s workforce, manning its operations nationwide, are Nigerians. This covers the Group’s engineers, fabricators, welders, architects and administrative staff members, among others. The Managing Director, IMPac Oil & Gas Engineering Limited, a subsidiary of the Group, Chuka Eze, disclosed this during…
NCDMB, indigenous producers move
The Nigerian Content Development and Monitoring Board (NCDMB) and the Indigenous Petroleum Producers Group (IPPG) have restated their commitment to ending unnecessary delays in contract cycles. In a bid to driving this, the entities signed a Service Level Agreement (SLA), which would boost local content implementation and simplify the procurement and tendering processes for oil…
‘Regulatory framework must be strengthened to check abuse of Local Content Act’
Dr. Mayowa Afe is the Chairman, Oil and Gas Trainers Association of Nigeria (OGTAN). In this interview with STANLEY OPARA, he speaks on the activities of OGTAN and the need to boost local capacities, especially in the oil and gas industry. Excerpts: Eight years after the enactment of the Nigerian Content Act, many operating and…
Stakeholders seek massive investment in gas
Owing to current market opportunities in the natural gas value chain, stakeholders in Nigeria’s hydrocarbon space have stressed the need for massive investments on the commodity.
NCDMB partners Dangote Refinery on local content implementation
The Nigerian Content Development and Monitoring Board (NCDMB) has declared its intention to partner with Dangote Petroleum Refinery and Petrochemical Free Trade Zone Enterprises (DPRP) on the effective implementation of the Local Content Act in the country.
Boost for Nigerian content agenda as stakeholders collaborate to build vessels
As more stakeholders in the country’s oil/gas and maritime space continue to leverage critical partnerships to develop vessels, the country’s local content programme championed by the Nigerian Content Development and Monitoring Board (NCDMB) appears to be gathering momentum. Collaborations have been identified as particularly effective way to lower costs and simplify contractor management. Combining equipment,…
NigerStar7 vessel to boost complex deepwater projects, local content agenda
NigerStar7, a frontline operator in the services section of the oil and gas industry has officially renamed and launched its newly acquired vessel (NigerStar7 Adaba), valued at N7.2billion, to boost capability in the maritime segment of the oil and gas epic industry.
NOAC JV trains contractors on capacity building, government regulations
As part of efforts to to develop the capacity of Nigeria-owned companies and contractors to activately participate in the oil and gas industry, the Nigeria Agip Oil Company (NAOC) and its Joint Venture partners on Monday, commenced capacity training for indigenous contractors in the Niger Delta.
NCDMB, BoI relax conditions for $200m NCI fund applications
Following complaints in some quarters over tough conditions for accessing the $200 million Nigerian Content Intervention Fund (NCI Fund) by qualified oil and gas service companies...
NCDMB, others raise support for engineers
The Nigerian Content and Development Monitoring board (NCDMB) in collaboration with the Lagos Energy Academy (LEA), AOS Orwell, and Siemens are organizing...