……by Victor Egbo…….The Executive Secretary Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has warned that Nigeria might resort to importing crude oil for its upcoming and existing refineries if concerted efforts are not made to increase the current low production numbers. He gave the warning in his goodwill message at the 41st Annual Conference and Exhibition ...
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Heritage Energy Re-emphaises Commitment to Nigerian Content Development
Heritage Energy Operational Services Limited (HEOSL), operator of the OML 30 Joint Venture between NNPC Exploration and Production Limited and Shoreline Natural Resources Limited Joint Venture (NEPL/SNRL JV) has reiterated its commitment to the development of Nigerian Content. Chief Executive officer, Ado Oseragbaje, gave this assurance during a courtesy visit to Engr. Simbi Wabote, the Executive Secretary, Nigerian Content Development ...
Read More »Train-7 Project Hits 52%, Employs 8,300 Persons…NCDMB, NLNG Sign E-Market Place Agreement
photo: Managing Director, Nigeria Liquefied Natural Gas (NLNG), Dr. Philip Mshelbila and Executive Secretary, Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote with senior management of NLNG after inspecting the ongoing Train-7 project at Finima, Bonny Island, Rivers State on Friday as part of the 3-day Nigerian Content Stakeholders Retreat. The ongoing construction of the $5bn Train-7 project ...
Read More »NCDMB Warns Against Tinkering with the Petroleum Industry Act
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stall new projects in the oil and gas sector.Speaking on Tuesday at a panel session at the recently concluded Nigerian Economic ...
Read More »Nigerian Oil Industry is On Steady Growth Trend-Wabote
The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by a few international oil companies, the Executive Secretary Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote has said. He gave the assessment on Monday while delivering ...
Read More »NCDMB’s Maintains Excellence Streak, Retains Top Position in Efficiency, Transparency
The Nigerian Content Development and Monitoring Board (NCDMB) has continued its streak of excellence in the delivery of its mandate as it has retained its position as the best Federal Agency in transparency and efficiency in business. In the 2023 Half Year Executive Order 001 Compliance Ranking, which covered from January to June 2023, NCDMB scored 83.06% to clinch the ...
Read More »Oil Assets Divestments Will Boost Production, Employment – Wabote
Photo: Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote with some members of the National Executive Committee and NCDMB Branch Executive of the Petroleum and Natural Gas Senior Staff Association (PENGASSAN) at the 2023 Energy and Labour Summit in Abuja on Wednesday. ……..by Jenifer Dike….. The Nigerian oil and gas industry is poised for a ...
Read More »Divestments of Oil Assets: NCDMB Warns Against Reduction in Compliance, Tax Revenue
Photo: Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, senior personnel of NCDMB’s Zonal Coordination & Communication Division with the Executive of the Guild of Online Corporate Publishers (GOCOP) at the breakfast meeting organised by the Board for members of the Guild on Tuesday in Abuja. The ongoing and planned divestments of onshore assets by ...
Read More »Divestments of Oil Assets: NCDMB Warns Against Reduction in Compliance, Tax Revenue
The ongoing and planned divestments of onshore assets by some international operating oil and gas companies (IOCs) and subsequent acquisition by Nigerian operating companiesmust not be allowed to impact negatively on the level of compliance with the Nigerian Oil and Gas Industry Content Development (NOGICD) Act and remittance of tax revenues to the Federal Government, the Executive Secretary of the ...
Read More »NCDMB, Waltersmith Refinery, Partner on Graduate Tetraining
Photo: General Manager, Upstream and Monitoring, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Jeff Tuatuagha with officials of Waltersmith Refining and Petrochemical Company Limited at the kick-off ceremony of Nigerian Content NC-Remedial Training Programme for young university graduates held on Friday in Port Harcourt, Rivers State. …….by Victor Egbo……….A 12-month Nigerian Content NC-Remedial Training Programme for young university graduates kicked off on ...
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