IOCs, Indigenous Oil Firms To Develop $50bn Projects In Five Years – NCDMB   The Nigerian Content Development and Monitoring Board (NCDMB) has said that oil and gas investment opportunities valued at over $50 billion and projected to be developed within five years were last week...

NCDMB, NEXIM Raise $40m Fund For Women In Oil Sector     Qualified women entrepreneurs in the Nigerian oil and gas industry can now benefit from the $40m Women in Oil and Gas Intervention Fund deployed by the Nigerian Content Development and Monitoring Board and Nigerian Export-Import...

NNPC, Others Sign Pacts For Methanol, Gas Projects       The Nigerian National Petroleum Corporation, the Nigerian Content Development and Monitoring Board, Brass Fertilizer and Petrochemical Company Limited and DSV Engineering have signed two key agreements for the construction of a methanol plant and a gas processing...

FG Urges IOCs To Embark On New Oil Projects       International Oil Companies operating in the country have been urged to embark on new projects despite the delay in the passage of the Petroleum Industry Bill. The Nigerian Content Development and Monitoring Board, an agency in the...

FG Curbing Unemployment, Vandalism With Modular Refineries - Sylva         The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said that with the completed and ongoing modular refineries, the federal government is set to tackle unemployment and incessant pipeline vandalism. Sylva spoke during the ground-breaking...

Oil Industry Content Devt Saves Nigeria $2bn — Wabote     Following the implementation of Nigerian Oil and Gas Industry Content Development (NOGICD) Act in the Engineering Procurement and Construction (EPC) contract for Nigeria LNG Train-7 Project, Nigeria may have saved $2.0 billion. Disclosing this, the Executive Secretary,...