PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL. (PHOTO). #PRESS RELEASE.

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 STATE HOUSE PRESS RELEASE  PRESIDENT TINUBU APPOINTS MINISTER OF STATE FOR PETROLEUM RESOURCES (GAS) AS CO-CHAIRMAN OF NCDMB GOVERNING COUNCIL In line with his avowed commitment to establish a more efficient, targeted, and consistent approval process for unique oil and gas projects in the country, President Bola Tinubu has approved the appointment of Mr. Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), as the Co-Chairman of the Governing Council of the Nigerian Content Development and Monitoring Board (NCDMB). This is also to further ensure effective oversight of the gas aspect of the nation's assets. The President remains committed to unlocking Nigeria's immense gas potential to stimulate industrial development, job creation, and sustainable economic growth. Chief Ajuri Ngelale Special Adviser to the President (Media & Publicity) May 9, 2024

CENTURY POWER BEGINS 2000MW POWER PLANT CONSTRUCTION IN ANAMBRA STATE.{PHOTO}.

Image may contain: sky and outdoor                Century Power Limited,a subsidiary of Obijackon Group,owner of Nestoil Limited,pplans to start the construction of a-2000megawatts {Mw} thermal power plant in Anambra State,it was learnt.The power plant,hich will be sited at Okija in Anambra State,has been structured in such a way that the first phase,which will give an output of 465Mw and will commence operation in 2018.Its Assistant General Manager {AGM},Group Business Development,Mr Simeon Tor-Agbidye,told news men that the firm iss tidying up arrangement for gas pipeline also known as the Obiafu/Obrikom-Oben {OB3} gas pipeline.The gas will be taken from the eastern part of the pipeline.He also noted that a subsidiary of the Obijackson Group-Energy Works Technology Limited,is fabricating part of the topside facilities off Total's Egina floating production,storage and offloading {FPSO} vessel.He said: ''A feww weeks ago,we had a sail off for the Oil Loading Terminal {OLT} piles for the project.We sailed them off to South Korea where they will be integrated on the FPSO.We have finished that.We are at the final stages of completing K2s pipeline for Shell Petroleum Development Company {SPDC}.The project is an engineering,procurement and Construction {EPC} contact for the 40km x 20 inches export pipeline to re-route Kolo Creek gas to Soku Gas Plant.We are also progressing ssmoothly with the OB3 Pipeline.Obiafu/Obrikom-Oben is an EPC contract for the 64.5km x 48 inches gas pipeline project.We will soon complete that too.He explained that the scope of OB3 was actually split between Nestoil and Oilserv,'' he said.
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