NNPC/Aiteo Joint Venture Launches Nembe Crude Oil Grade
…As Export of Two 950,000 barrels Cargoes Commences The NNPC/ Aiteo Joint venture has announced the introduction of Nembe Crude Oil Grade, a new crude oil grade into the international crude oil market. The announcement of the Nembe Crude Oil…
Train-7 Project Hits 52%, Employs 8,300 Persons
…NCDMB, NLNG Sign E-Market Place Agreement The ongoing construction of the $5bn Train-7 project being undertaken by the Nigeria Liquefied Natural Gas (NLNG) at Finima, Bonny Island, Rivers State has reached 52 percent and currently engages 8,300 Nigerians of diverse…
Wabote Commissions Genesis Academy, Lauds Firm for Creating Jobs
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, on Thursday commissioned the corporate Head Office and Training Academy of the hospitality conglomerate, Genesis Group Limited, in Port Harcourt, Rivers State. The NCDMB…
Wabote Commissions MG VOWGAS’s New Facilities, Harps on Local Content
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote on Tuesday commissioned MG VOWGAS’ newly installed 200-ton heat treatment furnace and state-of-the-art dish head forming machine at the company’s yard in Port Harcourt,…
Total Nigeria reports 48.9% y/y decline in standalone EPS to NGN5.99 in Q3-23
TOTAL published its Q3-23 unaudited financials on 26 October), reporting a 48.9% y/y decline in standalone EPS to NGN5.99 in Q3-23 (Q3-22: NGN11.71) – the lowest since Q4-20 (NGN5.14) – affected mainly by an uptick in net finance cost (+23.6%…
African Oil Producers Meet in Abuja, Chart Future for Industry
Amidst the threat of energy transition and dwindling funding of the hydrocarbon industry, 18 member countries of the African Petroleum Producers Organization (APPO) are attending the third edition of the Africa Local Content Roundtable to chart a pathway for the…
Egbin Power CSR commended
For demonstrating its commitment toward driving socio-economic development in its host communities, Egbin Power Plc has been commended by the Ijede Development Foundation (IDF) for its robust support towards advancing education in the community. The Group applauded Egbin Power at…
NCDMB Warns Against Tampering the Petroleum Industry Act
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stall…
NCDMB’s Maintains Lead, Retains Top Position in Efficiency, Transparency
The Nigerian Content Development and Monitoring Board (NCDMB) has continued its streak of excellence in the delivery of its mandate as it has retained its position as the best Federal Agency in transparency and efficiency in business. In the 2023…
GOCOP Congratulates Soneye, NNPCL’s New Spokesman, Others
The Guild of Corporate Online Publishers (GOCOP) has congratulated Mr. Olufemi Oladapo Soneye over his appointment as Chief Corporate Communications Officer (CCCO) of the Nigerian National Petroleum Company Limited (NNPCL). The association also congratulates its pioneer president, Dr. Malachy Agbo,…
