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NCDMB Moves to Develop Oil and Gas Park in Ondo

The Nigerian Content Development and Monitoring Board (NCDMB) has commenced activities to develop an oil and gas industrial park in Ilaje, Ondo State under its Nigerian Oil and Gas Park Scheme (NOGaPS). A team from the Board recently visited the site with the Ondo State Government Officials to assess the location of the proposed oil and gas park in Ilaje ...

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Shell Restates Commitment to R&D, Nigerian Content Developement

Shell says 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). The energy firm made this known in a statement on Friday, signed by its Media Relations Manager, Mr Bamidele Odugbesan. The Managing Director of the deep-water business of Shell in Nigeria, Mrs. ...

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R&D Backbone of Economic Development and Prosperity – Engr. Wabote

……….by James Ikenna…….Executive Secretary of Nigeria Content Development Monitoring Board (NCDMB) Engr. Simbi Wabote has said that there is a relationship between Research and Development (R&D) and economic development and prosperity as it is also the Backbone of any nation development. According to him R&D was pivotal to the growth and development of many nations and the evolution of mankind. ...

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FG and NCDMB Set Aside $50 Million for R&D Commercialization

………….Ben Ndubuwa, Yenagoa……Minister of State for Petroleum Resources, Timipre Sylva, yesterday, said that the Federal government through the Ministry of Petroleum Resources and the Nigeria Content Development Monitoring Board (NCDMB) have set aside $50 million for the Commercialization of Research and Development in-country particularly from the nation’s tertiary institutions. Sylva, who spoke at the second Nigeria Content Development and Monitoring ...

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NCDMB, Bayelsa Sign Power Purchase Agreement on 10MW IPP

The Nigerian Content Development and Monitoring Board (NCDMB) and the Bayelsa State Government on Wednesday signed a Power Purchase Agreement (PPA) for the delivery of electricity from the 10 megawatts gas fired independent power plant constructed by the NCDMB in partnership with the Nigerian Agip Oil Company at Elebele, Bayelsa State. The Power Purchase Agreement was signed in Yenagoa by ...

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Siemens, NCMDB and EATEI Collaborate On Catch Them Young Educational Initiative In Bayelsa.

As part of efforts to enhanced educational development and also encourage hands on training among primary school pupils in Science related subjects, Siemens Stiftung, Siemens Energy Nigeria in collaborations with the Nigerian Content Development and Monitoring Board (NCDMB) have kicked off the first phase of Experimento- STEM training in Yenagoa, Bayelsa state. Addressing participants at the kick –off ceremony in ...

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NCDMB, NEXIM Seal $30m Capital, Capacity Building Fund Agreement

The Nigeria Content Development and Monitoring Bank (NCDMB) and the Nigeria Export Import Bank (NEXIM) have signed agreement on $30million Capital and Capacity building Fund for the oil and gas sector servicing. Mr Simbi wabote, the Executive Secretary of NCDMB said at the signing ceremony in Abuja on Wednesday that the fund would go a long way to stabilise the ...

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TotalEnergies Calls for Sustainability of Local Content

Mr Michael Sangster, the Managing Director of TotalEnergies, has called for the sustenance of local content to grow the oil and gas sector in the country. Sangster made the call at the Chief Executive Officers roundtable at the ongoing 4th Nigeria International Petroleum Summit (NIPS) in Abuja on Tuesday The theme of the conference is: “From Crisis to opportunities: New ...

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NCDMB Targets Completion of 8 Oil and Gas Projects in 2 Year

The Nigerian Content Development and Monitoring Board (NCDMB), says it plans to complete eight oil and gas projects within the next two years. The Executive Secretary, NCDMB, Mr Simbi Wabote, made the disclosure on Tuesday at the opening of the virtual 2021 Nigerian Oil and Gas Opportunity Fair (NOGOF). According to him, the completion of the projects will boost local ...

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