Punch Newspapers
Sections
’Femi Asu
International Oil Companies operating in the country have been urged to embark on new projects despite the delay in the passage of the Petroleum Industry Bill.
The Nigerian Content Development and Monitoring Board, an agency in the Federal Ministry of Petroleum Resources, said many local fabrication and manufacturing yards had been idle since the conclusion of the Total’s Egina deepwater project in 2018.
The Executive Secretary, NCDMB, Mr Simbi Wabote, urged other IOCs to emulate Total Exploration and Production Company in sponsoring new projects and stop being deterred by the delayed passage of the PIB.
Presidential aide Bashir Ahmad has denied being given a secret appointment in a unit under the Department of Petroleum Resources (DPR) by President Muhammadu Buhari. Ahmad said the story is “100% not true” and was a concocted claim. “A friend sent me a link to a concocted story from an online news blog that the […]