Archives for Oil and Gas - Page 10
Local content in petroleum sector now 56%: NCDMB
The Nigerian Content Development and Monitoring Board, on Wednesday, announced that local content in the petroleum industry has now reached 56 per cent, with ongoing reviews likely to further enhance…
NCDMB Kicks Off Heritage Energy, Pledges Support for OML 30 Projects
BY NGOZI ONYEAKUSI L-R: Obisike Ubendu AGM Technical Shoreline Natural Resources Ltd (SNRL); Tunde Nwofor, CFO SNRL; Ado Oseragbaje, CEO Heritage Energy Operational Services Ltd (HEOSL) ; Felix Ogbe, Executive…
NCDMB Rallies NNPC, Oil Producers To boost In-Country Manufacturing Of Line Pipes
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB)has achieved a much-needed consensus among critical oil and gas industry stakeholders and manufacturers to ramp up in-country production…
Marketers worry as five-month fuel imports hit N6tn
Despite improved domestic refining capacity in Nigeria, major oil marketers have continued to import refined petroleum products, as they imported billion litres of Premium Motor Spirit (petrol) and Automotive Gas…
Seplat Energy’s Revenue Rises to N1.652trillion in 2024FY
… Declares US Cents Total Dividend Per Share for 2024FY Seplat Energy PLC, leading Nigerian independent energy Company listed on both the Nigerian Exchange and the London Stock…
FG plans $122bn investment to diversify energy sources
The Federal Government has announced plans to secure a total investment of $ to diversify the country’s energy sources, reduce dependence on the national grid, and enhance the…
NCDMB, APPO To Establish Centres Of Excellence In African Local Content
BY NGOZI ONYEAKUSI The Nigerian Content Development and Monitoring Board (NCDMB) and the African Petroleum Producers’ Organisation (APPO) have recommitted their partnership towards establishing African centres of excellence in local…
Fuel importers face N75bn monthly loss after Dangote price cut
Importers of Premium Motor Spirit (petrol) may lose an average of daily and N75bn monthly following the latest PMS price reduction announced by the Dangote Petroleum Refinery. Findings by The…
Our Strategy, Governance, People Driving Growth At Seplat Energy – CEO
BY NGOZI ONYEAKUSI Nigeria’s leading indigenous energy company, Seplat Energy Plc, has attributed its exponential growth over the years to well thought-through strategies, strong governance practice and dedicated people, stressing…
NCDMB ES Seeks Africa-wide Local Content Framework to Leverage Collective Strengths for Mutual Prosperity
BY NGOZI ONYEAKUSI …Executive Orders lead to 4 FIDS The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Tuesday in…
