NCDMB boss wants increased lawyers participation in oil, gas reforms
The Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote,, says Nigerian lawyers should get more involved and active in the ongoing reforms in the oil and gas industry.
NCDMB seeks listing of refineries, petrochemical industries on Exchange
The Nigerian Content Development and Monitoring Board (NCDMB) has stressed the need for firms that constitute hydrocarbon resources in-country such as refineries, petrochemical industries, fertilizer firms to list on the Nigerian Stock Exchange ...
‘Operators should harness local content law for inclusive growth’
Stakeholders have sought for an aggressive active participation of Nigerian companies to actively use the Local Content Act, as a tool to develop the country’s huge natural resources for economic development, while also dispersing wealth generated for inclusive growth.
Osinbajo, Wabote Woo US Investors For Nigerian Oil Sector
Vice President, Yemi Osinbajo and Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote have urged United States based Information Communication Technology (ICT) companies to invest in the Nigerian oil and gas sector. A statement by the supervisor, Media and Publicity of NCDMB, Obinna Ezeobi, yesterday quoted the duo as making…
Service Level Agreement to reduce Nigeria’s oil contracting cycle
The Service Level Agreement (SLA) signed by the Nigerian Content Development and Monitoring Board (NCDMB) and the Oil Producers Trade Section (OPTS), is aimed at shortening the protracted...
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, OPTS sign agreement to shorten contract cycles
The Nigerian Content Development and Monitoring Board (NCDMB), and the Oil Producers Trade Section (OPTS), the umbrella body of major international and indigenous operating oil companies have signed a Service Level Agreement (SLA), aimed at shortening the often protracted industry contracting cycle.
NCDMB boss, Wabote bags OGTAN achievement award
The Oil and Gas Trainers Association (OGTAN) has conferred the Local Content Development Achievement Award on the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote.
Government to establish oil, gas industrial parks beyond Niger Delta
There are indications that the Federal Government is considering the establishment of oil and gas industrial parks in some oil producing states in Nigeria.The Minister of State for Petroleum Resources, Dr. Emmanuel Ibe Kachikwu, made the disclosure during the ground-breaking of the Nigerian Oil....