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NCDMB ES Counsels Heritage Energy, Indigenous Firms on Corporate Governance, NC Compliance

The management of Heritage Energy Operational Services Limited (HEOSL) and other indigenous oil and gas companies have been advised to adopt strict corporate governance guidelines in their operations if they want their firms to grow sustainably.The companies were equally encouraged to comply with the provisions of the Nigerian Oil and Gas Industry Content Development (NOGICD) […]

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HEOSL Reiterates 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

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Train-7 Project Hits 52%, Employs 8,300 Persons

…NCDMB, NLNG Sign E-Market Place Agreement The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse skill sets. These facts emerged on Friday as the Management of the Nigeria LNG Limited

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NCDMB Boss Commissions Genesis Academy, Lauds Firm for Creating 2500 Jobs

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State. The NCDMB boss lauded the firm for being the leading provider of catering services for major oil

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

AEC applauds NCDMB Commitment to Efficiency and Transparency Amid Federal Agency Award

The Nigerian Content Development and Monitoring Board (NCDMB) has once again solidified its position as an exemplar of transparency and efficiency among federal agencies in the country. The NCDMB has, for a second-year running, secured the top position in the 2023 Half-Year Executive Order 001 Compliance Ranking. As the voice of the African energy sector,

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African Oil Producers Meet in Abuja, Chart Future for Industry

Amidst the threat of energy transition and dwindling funding of the hydrocarbon industry, 18 member countries of the African Petroleum Producers Organization (APPO) are attending the third edition of the Africa Local Content Roundtable to chart a pathway for the sustainable development of local content and the oil and gas industry in the continent. The

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Engr. Simbi Kesiye Wabote

ES 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

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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

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Opinion piece:  Hyperscalers – the mindful expansion into Africa 

Opinion piece:  Hyperscalers – the mindful expansion into Africa

Opinion piece:  Hyperscalers – the mindful expansion into Africa     By Faith Waithaka   The marriage of global expertise with local know-how cannot be overstated.  This is particularly true in the case of hyperscaler marketplace in Africa, which has enjoyed some tremendous growth in recent years.  In South Africa, global cloud service providers (CSPs) like Microsoft,

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Oil Assets Divestments Will Boost Production, Employment- Wabote

The Nigerian oil and gas industry is poised for a boost in crude oil production, employment creation, and capital injection with the planned divestment of some assets by select international oil and gas companies and concomitant acquisition by Nigerian operating companies, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote

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