“Marginal fields would [henceforth] be prioritised in terms of their location to those who have modular refineries, so that they will be able to produce,” he said.
Nigerian Content Development and Monitoring Board (NCDMB)
TotalEnergies (LON:TTE) has started production at the Ikike field, offshore Nigeria, which should reach peak production of 50,000 barrels per day by the end of the year.
Nigerian Gas Co. (NGC) and Nedogas Development have commissioned a gas gathering facility in Delta State to supply the OB3 trunk line.
The Nigerian Content Development and Monitoring Board (NCDMB) is ready to work with former militants, although warning that the oil and gas industry will not be able to provide all the jobs required.
The Nigerian government has signalled its support of the Brass Fertiliser and Petrochemical Co. (BFPCL) 10,000 tonne per day methanol plant with a final investment decision (FID) ceremony.
Nigerian President Muhammadu Buhari has welcomed the launch of the Waltersmith modular refinery, in Ibigwe, Imo State, and the groundbreaking for the second phase.
Waltersmith Petroman’s modular refinery has been completed and will begin operations on October 14, the Nigerian Content Development and Monitoring Board (NCDMB) has said.
The Nigerian Content Development and Monitoring Board (NCDMB) is expanding the Nigerian Content Intervention (NCI) Fund to $350 million.