The Senate Committee on Local Content on Wednesday held the first interactive session with the leadership of the Nigerian Content Development and Monitoring Board (NCDMB) at the Senate Building at Abuja and resolved to collaborate and deepen the implementation of…
Oil & Gas
Shell Management Visits NCDMB, Plans FID for Bonga, Gas Projects
The leadership of Shell Companies in Nigeria on Wednesday sought the support of the Nigerian Content Development and Monitoring Board (NCDMB) to achieve accelerated development of three major oil and gas projects notably Bonga North deepwater and HI and HA, which are conventional gas projects. The Executive Secretary NCDMB, Engr. Felix OmatsolaOgbe received the…
Total Energies, partners start production from Akpo West field in Nigeria
Total Energies and its partners have announced the start of production from Akpo West field on the PML2 license in Nigeria. Located 135 kilometers off the coast, Akpo West is tied back to the existing Akpo Floating Production Storage and…
NCDMB commits to fast-track of oil and gas projects approvals
The Nigerian Content Development and Monitoring Board (NCDMB) has pledged to expedite the approval of requests and documents submitted by oil and gas companies to ensure the swift development of projects, increase oil production, and improve the national economy. …
Tinubu, OPEC SG among speakers to discuss new energy world order at NIES 2024
The Nigeria International Energy Summit (NIES) 2024, scheduled to take place at the International Conference Centre (ICC) in Abuja, Nigeria, from February 26 to March 1, 2024, will host President Bola Tinubu including H.E Haitham Al Ghais, OPEC Secretary General,…
On OML 34; NNPCL, US Govt., Deloitte Partner to Reduce Greenhouse Gas Emissions
Part of new operational goal to reduce methane and greenhouse gases from upstream activities A net-zero carbon objective The Nigerian National Petroleum Company Limited (NNPCL) has partnered with the United States (US) Department of States and international management consultancy…
MOMAN unveils New Identity; Rebrands to MEMAN to signal new strategic energy direction
Signalling the dawn of a new era, the Major Oil Marketers Association of Nigeria (MOMAN), earlier today unveiled their rebranded identity as the Major nergies Marketers Association of Nigeria (MEMAN). The launch highlights MEMAN’s commitment to sustainability through the NMDPRA…
Transparency: EITI rates NNPCL high in compliance
Global transparency body, Extractive Industries Transparency Initiative, EITI, has scored the Nigerian National Petroleum Company Limited, NNPCL, very high in its latest global assessment. This was disclosed by EITI’s Deputy Executive Director, Bady Baldé, during a visit by an EITI…
NNPC Ltd Remits N4.5trn into Federation Account in nine months
Between January and November last year, the Nigerian National Petroleum Company Ltd remitted the sum of N4.5trn into the federation account for distribution to the three tiers of government. The remittance was confirmed by the Chief Finance Officer of the…
NNPC Ltd woos South Korean investors for Gas Projects
The Nigerian National Petroleum Company Limited, NNPCL, has held talks with a South Korean consortium led by Daewoo E & C on the development of gas projects in Nigeria. The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, led…
