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‘Content Board’s New Technology Devt To Address Local Oil, Gas Challenges’

Chika Izuora by Chika Izuora
10 months ago
in Business
NCDMB
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The Nigerian Content Development and Monitoring Board (NCDMB) has devised new means that will help it improve and close seeming operational vulnerabilities and gaps in the implementation of the country’s local content law.

To further integrate indigenous companies into the industry, the Board, has announced the Nigerian Content Research, Innovation and Technology Challenge 2025/2026.

It has also called on interested individuals, research institutions, academia, oil and gas industry suppliers, and members of the public with research innovations, to submit proposals for evaluation and admission into the NCDMB Technology Innovation and Incubation Centre (TIIC), Yenagoa, Bayelsa State.

The competition, which seeks to identify and develop new technologies to address specific challenges in the oil and gas industry and its linkage sectors, requires that proposals be in line with approved thematic areas and priority industry challenge, namely, Geological and Geophysical Studies, Local Materials Substitution Studies, Technology Development Studies, Health, Safety and Environmental Studies, Engineering Studies, and Renewable Energy.

For Geological and Geophysical Studies, proposals have to focus on developing solutions related to exploration, big data, and real time logging data processing, while those for Local Materials Substitution Studies have to concentrate on sustainable materials for environmental remediation, materials for development of cryogenic technology for liquefied natural gas (LNG), refinery, and other applications, as well as local materials for ultra-high temperature pressure cementing.

For Technology Development Studies, the NCDMB requires innovation on denationalisation technology, application of Internet of Things to exploration and production, and condensate refining technology, while proposals for HSE Studies are expected to deal with carbon capture utilisation and storage technology to reduce greenhouse emission, depollution and produced water management system, and hydrogen production techniques to enhance carbon dioxide capture.In respect of Engineering Studies, proposals are expected for developing technology solutions for enhanced oil recovery, refinery units technology to improve efficiency, laboratory analytical equipment for experiment and materials testing, and drilling technology, instrumentation, and control systems.

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For Renewable Energy, proposals are expected from solar energy technologies, wind energy solutions, and energy storage systems, such as battery technologies, hydrogen storage, thermal storage, and molten salts.

 

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Chika Izuora

Chika Izuora

Chika Izuora is a journalist with Leadership Media Group with over two decades of mainstream journalism experience. A Mass Communication graduate and alumnus of Pan Atlantic University (PAU), he has built outstanding expertise in the oil and gas industry alongside a versatile career as a journalist and author.

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