ExxonMobil invests $1 billion in local content, commits to long term investment

ExxonMobil Nigeria Unlimited has said that it has awarded projects worth over $1 billion (about N198 billion) to Nigerian firms in the last few...

JDR partners with indigenous firm to expand footprint in Nigeria

JDR, a leading provider of technology connecting the offshore energy industry, has expanded its footprint by establishing a new service and maintenance facility in...

Local firm to build fertilizer, power plants in Edo state

The Chairman and Chief Executive  Officer (CEO) of OBAX World Limited, Patrick Obasuyi, has said that his company is building a  $250 million fertiliser plant...

Nigerians must be given first refusal on offshore operations – NIMASA

The Nigerian Maritime Administration and Safety Agency (NIMASA) has warned that Nigerian ship owners must be given the right of first refusal in the...

Caverton, NNPC sign helicopter charter service agreement

Caverton Helicopters Limited, a subsidiary of Caverton Offshore Support Group PLC (COSG) has announced that it has signed a Helicopter Charter Service Agreement with...

Indigenous service firm adds ocean diving support vessel to its fleet

Petrolog, an indigenous service company, has acquired an ocean diving support vessel to boost its operations and advance the local content policy of the...

Kaztec makes progress on Addax’s Antan platform, NNPC promises support for local content

Work carried out by Kaztec Engineering  Limited, a subsidiary of Chrome Group, has reached an advanced stage  on the construction of the platform and jacket...

Skye Bank funds Marine Platform’s acquisition of $84 million vessel

Skye Bank Plc has increased the capability of one of its corporate customers, Marine Platforms Limited, by funding the acquisition of a multi-purpose support...

Total’s Egina project attracts $1bn local investment – Nwapa

The Executive Secretary, of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Ernest Nwapa, has said that over $1bn has been invested in the...

Indigenous meter manufacturers seek 5% intervention fund

The Executive Secretary of Electricity Meters Manufacturers Association of Nigeria (EMMAN), Mr. Muideen Adebayo Ibrahim has called on the federal government to float a special...

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