Local Content

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

Oct 28, 2014

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Ernest Nwapa has said that the value of new investments made by Nigerian service companies in the last four years had hit $5bn, noting that the development pointed to massive investments that would come into the industry in the next five years reports The Guardian.…

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Govt looks to ban importation of gas cylinders – Nwapa

Oct 28, 2014

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Ernest Nwapa has disclosed that the government may soon ban the importation of domestic gas cylinders, The Guardian reports. The policy is however, unlikely to come into effect until the capacity of local capacity for the manufacturing of the cylinders is fully developed.…

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Kaztec advances on Antan, Ofrima/Udele fields’ platforms

Oct 14, 2014

The Commercial Director, Kaztec Engineering Limited, a subsidiary of Chrome Group, Marc Robillard, has said the company is making tremendous progress on the construction of the platforms for production from Antan and Ofrima/Udele fields. Antan and Ofrima/Udele oil fields are operated by Sinopec Addax Petroleum. Antan field is in water depth of about 40 metres…

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Agip signs pact with PETAN to boost local content

Oct 8, 2014

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 within its operations and to boost local content in the country. Speaking at ‘the Vendor gap closure opportunities engagement and exhibition’ , a three-day sensitization workshop organised by the company to…

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NERC won’t allow importation of electricity meters

Oct 1, 2014

Speaking on Tuesday at the 6th Annual Distinguished Lecture of the Nigerian Institute of Quantity Surveyors, Lagos Chapter, the Chairman and Chief Executive Officer, NERC, Dr. Sam Amadi indicated that the NERC will not allow the importation of electricity meters into the country as long as local manufacturers have the capacity to meet demand. He said,…

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

Sep 25, 2014

In the four years since the Nigerian Oil and Gas Industry Content Development Act 2010 has been in force, a growing number of indigenous companies have begun playing more active roles in the Nigerian oil and gas industry. This feature looks at some of the notable highlights the Act has achieved thus far. The Nigerian…

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Strides Energy acquires built-in-Nigeria pipe layer barge

Sep 22, 2014

The Nigerian content vision of the Federal Government to transform the oil and gas industry into the economic engine of Nigeria has received a major boost, with the completion of a newly built 1000T pipelay barge “STRIDES III TOCHI”, owned by Port Harcourt-based Strides Energy and Maritime Limited.  The Laybarge, built 100 per cent in-country,…

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NCDMB boss tasks stakeholders on agenda setting

Sep 19, 2014

The Nigeria Content Development and Monitoring Board, NCDMB, 0n Wednesday inaugurated Nigerian Content Consultative Forum ,NCCF, with a call to participants to prepare for the demand of setting agenda for the implementation of the nation’s local content policy. The Executive Secretary of the board ,NCDMB, Mr. Ernest Nwankpa, who gave the challenge in Yenagoa while…

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NCDMB tasks firms on legacy projects

Sep 17, 2014

The management of the Nigerian Content Development and Monitoring Board, NCDMB has tasked operators in the oil and gas industry to focus on legacy projects. Speaking while inspecting Gramen Petroserve Yard, the Executive Secretary of the Board, Engr. Ernest Nwapa explained that the visit was targeted at accessing the contributions of the firm and Chevron…

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NCDMB summons ARCO, Agip over local content dispute

Sep 16, 2014

The Nigerian Content Development and Monitoring Board (NCDMB) will Tuesday wade into the lingering duspute between the Nigerian Agip Oil Company (NAOC), and Arco Petroleum Engineering Company Limited over the controversy surrounding the maintenance of Obob/Ebocha/Kwale Gas plants. NCDMB, in a statement made available to The Guardian Monday, said it has summoned the concerned parties…

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