Foreign Investors Losing Confidence In Nigeria’s Oil Industry — Kyari       The Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, has said there is a need for Nigeria to act fast and address the loss of foreign investors’ confidence in the country’s...

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,...

PIB To Drive New Wave Of Investments In Nigeria’s Oil Industry — Total       Managing Director, Total Exploration and Production Nigeria Limited, Mike Sangster, Tuesday, disclosed that passage of the Petroleum Industry Bill, PIB, would spur a new wave of investments by oil and gas companies...

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...

Operators urged on cost-saving processes With the global oil price slump leading to cancellations of significant projects and delays put at $600 billion, oil and gas industry players have been urged to adopt cost-saving processes to remain in business. The Managing Director/Chief Executive Officer, First Exploration...