The 10-Year Road Map was developed to increase Nigerian content in the oil and gas sector from 26 per cent in 2017 to 70 per cent by 2027. A major focus of the plan is technical capability ...

Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to the Commission Chief Executive of the Nigerian Upstream Petroleum ...

Over the last few years, Nigeria has become the preferred destination for foreign direct investment in Africa, affecting the oil and gas sector outside of the FDI beneficiaries A worker inspecting ...

Indigenous oil and gas companies have been assured of an enabling environment by the Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe.

Nigeria must adopt structured IT systems analysis and embrace emerging technologies such as blockchain and cloud computing to remain competitive in a complex global trade environment, Canadian IT and ...

On Friday, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced that the country’s crude oil reserves stood at 37.28 billion barrels as of January 1, 2025, with an estimated ...

It followed the signing of the Nigeria-China relationship agreement last year, with 74 of those companies specifically focused on the oil and gas industry. According to a statement by Jaafaru ...

Authorities have not yet determined the cause or scale of the damage at the Trans-Niger Pipeline. A section of the Trans-Niger Pipeline, one of Nigeria's biggest pipelines, has exploded, media ...

Nigeria's President Bola Tinubu has appointed ex-Shell executive Bayo Ojulari and a new board to run the Nigerian National ...

He encouraged foreign investors, particularly from China and India, to explore the investment opportunities in Nigeria’s oil and gas sector, citing the country’s large crude oil reserves (over ...

He also revealed that the Nigerian Oil and Gas Industry Content Development (NOGIC) Act has catalyzed over $10 billion in in-country value addition since 2020, and a significant portion of NNPC's ...

A gas pipeline caught fire overnight in Nigeria’s Rivers State, the third incident in a week at facilities in an oil-rich region that’s under emergency rule. There was a “fire outbreak in ...