NCDMB, PETAN Seal $30m Working Capital Scheme Pact         The Nigerian Content Development and Monitoring Board (NCDMB) and the Petroleum Technology Association of Nigeria (PETAN) on Monday signed an agreement on US$30m Working Capital Scheme that will support the operations of oil companies against the adverse...

Local Content Act: NCDMB Retains $6.4bn Of Industry Annual Spend         Notwithstanding the challenges in the global oil and gas industry, the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Simbi Wabote, has stated that the agency has retained the $6.4 billion of yearly spend...

Nigeria Most Expensive For Upstream Projects – Kyari         The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Mele Kyari, has disclosed that Nigeria remains one of the most expensive countries in the world for petroleum upstream projects. Upstream is refers to points in production that originate...

N10bn Investment To Reduce Petrol Import, Create 1,500 Jobs   Nigerian Content Development and Monitoring Board (NCDMB), and some private investors may reduce unemployment in Nigeria by 1,500, and limit the importation of Premium Motor Spirit (PMS) also called petrol through a new investment worth N10...

NCDMB Introduces Platform To Boost Local Technologies In Oil Industry   The Nigerian Content Development and Monitoring Board (NCDMB), has unveiled BrentPlus, a series of initiatives that will stimulate innovations in the oil and gas industry and ancillary sectors, and create a platform for local creation...

NCDMB, DPR To Check Abuse Of Expatriate Quota In Oil Sector   All companies seeking to engage expatriates in the Nigerian oil and gas industry must henceforth ensure they obtain the relevant approvals from Nigerian Content Development & Monitoring Board (NCDMB), before applying for Expatriate quota,...