Nigeria sees capital flight on umbilical technology as GE commences fabrication of subsea wellheads...

Nigeria lost over $400 million to capital flight between 2008 and 2014 due to manufacture of umbilical technology in-country, Royal Niger Emerging Technologies   Managing...

FG developing local content policy for power sector

The Federal Government is putting in place measures to provide a local content policy for the power sector, the Special Adviser on Investments, Finance...

Indigenous firm seeks more deals from IOCs

The General Manager of Fenog Nigeria Limited, an indigenous operator in the oil and gas sector, Mr. Uwakwe Chukwudi, has urged the Federal Government to...

‘Nigerian firms have increased their stake in oil sector to $5b’ – Nwapa

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Ernest Nwapa has said that the value of new investments made by Nigerian service...

Govt looks to ban importation of gas cylinders – Nwapa

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Ernest Nwapa has disclosed that the government may soon ban the importation...

Kaztec advances on Antan, Ofrima/Udele fields’ platforms

The Commercial Director, Kaztec Engineering Limited, a subsidiary of Chrome Group, Marc Robillard, has said the company is making tremendous progress on the construction...

Agip signs pact with PETAN to boost local content

The Nigeria Agip Exploration (NAE), has signed a Memorandum of Understanding with the Petroleum Technology Association of Nigeria,(PETAN) to foster collaboration in developing capacity...

NERC won’t allow importation of electricity meters

Speaking on Tuesday at the 6th Annual Distinguished Lecture of the Nigerian Institute of Quantity Surveyors, Lagos Chapter, the Chairman and Chief Executive Officer,...

Nigerian Content Act 4 Years On: Laudable Achievements In Nigeria’s Oil & Gas Sector

In the four years since the Nigerian Oil and Gas Industry Content Development Act 2010 has been in force, a growing number of indigenous...

Strides Energy acquires built-in-Nigeria pipe layer barge

The Nigerian content vision of the Federal Government to transform the oil and gas industry into the economic engine of Nigeria has received a...

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