Content Fund: NCDMB to block debtor firms from projects

 Operating and service oil and gas companies that default in remitting one percent of the value of their contracts to the Nigerian Content Development Fund (NCDF) would henceforth be blocked from participating in the industry tendering processes by the Nigerian Content Development and Monitoring Board (NCDMB). Such non-compliant companies would also be suspended from getting …

Advertisements

FG launches ‘Project 100’ to support local oil, gas service firms

  The Ministry of Petroleum Resources in conjunction with the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday launched Project100 to provide institutional and financial support to 100 Indigenous oil and gas service companies. The project targets indigenous companies offering seismic, marine, engineering and drilling services and will provide financial and non-financial as well …

NIGERIAN CONTENT DEVELOPMENT FUND (NCDF) ACCOUNTS

PAYMENT METHODS NAIRA PAYMENT: 1.Visit www.remita.net and click on ”Pay FGN and state TSA” menu. 2. Select Nigerian Content Developement and Monitoring Board (NCDMB) under ”Name of MDA” menu. 3. Select ”1 Percent CONTRACT PROCEED” as the ”Name of service/Purpose. 4. Click on ”click here to generate a sample upload file” to download a sample format. 5. …

FG launches ‘Project 100’ to support local oil, gas service firms

 The Ministry of Petroleum Resources in conjunction with the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday launched Project100 to provide institutional and financial support to 100 Indigenous oil and gas service companies. The project targets indigenous companies offering seismic, marine, engineering and drilling services and will provide financial and non-financial as well as …

Nigerian Chamber of Shipping commends implementation of Local Content

  The leadership of Nigerian Content Development and Monitoring (NCDMB) has been extolled for exhibiting consistency and transparency in the implementation of Nigerian Content Intervention Fund (NCI) Fund. The Governing Council of Nigerian Chamber of Shipping (NCS) made the commendation on Thursday when the members paid a courtesy visit to the Executive Secretary of NCDMB, …

Wabote commissions Tolmann’s modular fire field centre

  …says patronage of local coys might attract discount on NCDF A new modular fire field and emergency response training centre built by Tolmann Allied Services Limited has been commissioned by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote. Located in Port Harcourt, Rivers State, the facility can provide practical demonstrations …

NCDMB seeks new strategy on barite utilization

  A new framework that would promote optimal production and patronage of locally produced barites in oil and gas operations would be developed by the Nigerian Content Development and Monitoring Board (NCDMB) in conjunction with the Association of Miners and Processors of Barites (AMAPOB). The Executive Secretary of NCDMB, Engr. Simbi Wabote directed the development …

Wabote goes global with Nigerian Content Advocacy

  Engr. Simbi Wabote, Executive Secretary of Nigerian Content Development and Monitoring Board (NCDMB) went global today with Nigerian Content Advocacy, when he addressed delegates to the African Oil Week (AOW) in Cape Town, South Africa at the start of the African Local Content Forum. African Local Content Forum is an innovative inclusion in the bouquet of …

Equatorial Guinea orders cancellation of all contracts with CHC Helicopters

  Calls on Oil companies to comply with local content regulations The Ministry of Mines and Hydrocarbons of Equatorial Guinea has mandated all petroleum operators including but not limited to Noble Energy, Exxon Mobil, Kosmos Energy, Trident, Marathon Oil Corporation and other operators to cancel all contracts with Canadian-based CHC Helicopters, due to noncompliance of Equatorial Guinea’s …