Audit Reveals Non-remittances Of Funds By Oil Companies   The Nigerian Content Development and Monitoring Board (NCDMB) has said a forensic audit it started in November, 2018, has revealed huge amounts of non-remittance to the Nigerian Content Development Fund (NCDF) by oil, gas and service companies...

NCDMB To Issue Equity Investment For 17,000bpd Refineries   The Nigerian Content Development and Monitoring Board is providing equity investment for the establishment of two modular refineries in Imo and Bayelsa states that will produce a total of 17,000 barrels of crude oil per day. The Executive...

NCDMB, Notore Explore Investment Opportunities The Nigerian Content Development and Monitoring Board (NCDMB) will support Notore Chemical Industries Plc to fully develop its industrial complex so it could offer integrated services to oil and gas companies and increase its contributions to the agricultural and infrastructural...

Total’s Ikike Project Gulps $500m - NCDMB   The Nigerian Content Development and Monitoring Board, (NCDMB) has said the execution of Total Exploration and Production Nigeria’s Ikike Field Development Project would gulp at least $500 million and the project is expected to deepen Nigerian Content implementation,...

NCDMB, Danvic Petroleum train 18 lecturers on Geosciences Software The Nigerian Content Development and Monitoring Board (NCDMB) and Danvic Petroleum International have begun the training of 18 lecturers of Geology and Geophysics on OpendTect Seismic Interpretation Software. The Software is widely used by operating companies...

NCDMB Expends $160m From Nigerian Content Intervention Fund The Nigerian Content Development and Monitoring Board on Monday revealed that it had so far disbursed $160m out of the $200m Nigerian Content Intervention Fund to oil companies for the development of modular refineries, and capacity building,...