16 companies pull out of Onne as experts warn OGFZA is scaring investors

Dr. Austin Obieze, a Port Harcourt based oil and gas industry expert has said that “no fewer than 16 companies have decided to withdraw...

Senate committee queries Total over Egina project

The Senate Committee on Local Content has asked Total Upstream Nigeria Limited to provide it with details of the local content in the floating,...

Saipem wins $5.42bn contract for Zabazaba-Etan project in OPL 245

Italian engineering, construction and drilling contractor, Saipem has won a $5.42 billion contract for chartering, operations and maintenance for a Floating Production Storage Offloading...

ExxonMobil provides $975m in local content financing – MD

There are indications that local content would be enhanced in Nigeria’s oil and gas industry as ExxonMobil has provided $975 million to support indigenous...

NNPC to promote in-country technology in conjunction with NCDMB – Baru

The Nigerian National Petroleum Corporation (NNPC) has pledged to promote the development and commercialization of home-grown technology in collaboration with the Nigerian Content Development...

Halliburton opens new oil & gas training and research center in Akwa Ibom

Halliburton announced today that it worked with the Akwa Ibom state government to inaugurate and open Nigeria’s first oil and gas training center fully-equipped...

LADOL receives international recognition as top free zone in Africa

Lagos Deep Offshore Logistics (LADOL) has been highly commended as being among the best free zones in the African region at the 2017 fDi magazine...

NCDMB releases $200m local content fund to Bank of Industry

The Nigerian Content Development and Monitoring Board announced on Tuesday that a total sum of $200m (N61.18bn) has been released to the Bank of...

NNPC pledges support for indigenous participation in Nigeria’s oil industry

The Nigerian National Petroleum Corporation (NNPC) has pledged to provide more support to indigenous companies in Nigeria’s Oil and Gas Industry. Group Managing Director of...

FG directs NCDMB to achieve 100% offshore platform fabrication by 2027

The Minister of State for Petroleum Resources, Ibe Kachikwu, speaking at the just-concluded Nigerian Content Workshop in Imo, has charged the Nigerian Content Development...

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