• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
Oloibiri Museum NCDMB Executes Construction Contract With Julius Berger

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

1 year ago
US Lifts Sanctions On Malian Officials As Relations Improve

US Lifts Sanctions On Malian Officials As Relations Improve

11 hours ago
New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

11 hours ago
Ex-US Embassy Official Who Abused Burkina Faso Girls Jailed For Life

Ex-US Embassy Official Who Abused Burkina Faso Girls Jailed For Life

13 hours ago
Nigeria: Ruling Party Controlled States Pledge 15% Of Annual Budget To Healthcare

African Nations Push Back Against Unequal US Health Funding Deals

14 hours ago
Ghana Announce VAR Introduction, As Kanu Nwankwo Targets Arsenal Vs Nigeria’s Enyimba Clash

Mozambique Suspends 300 Broadcast Licences Over Regulatory Violations

14 hours ago
Saturday, February 28, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe: War Veterans Head To Court, Challenge Mnangagwa’s Tenure Extension  

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Obama Slams Trump Over Racist Video

    Obama Slams Trump Over Racist Video

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    Morocco Wins Seat On AU Peace And Security Council

    Morocco Wins Seat On AU Peace And Security Council

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

  • Economy
    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Zimbabwe Bans Export Of Raw Minerals, Lithium Concentrates

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    World Bank Targets $6bn Concessional Funding To Revive Mozambique’s Economy

    Nigeria Rises To Fifth In Africa’s Solar Rankings As Adoption Grows

    Egypt Ranks Third In Africa For Solar Energy Capacity In 2025

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Sudan Slams Uganda For Hosting RSF Paramilitary Commander

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Tunisia: President Said Jails Lawmaker Who Mocked Him On Facebook

    Zimbabwe Pays First Compensation To White Farmers Affected By Land Reforms

    Zimbabwe: War Veterans Head To Court, Challenge Mnangagwa’s Tenure Extension  

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Trump’s New Ambassador Arrives South Africa Amid Frosty Relations

    Obama Slams Trump Over Racist Video

    Obama Slams Trump Over Racist Video

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    Nigeria: Electoral Commission Fixes Presidential Poll February 20, 2027

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    AU Rejects Israel’s Recognition Of Somaliland As Independent Nation

    Morocco Wins Seat On AU Peace And Security Council

    Morocco Wins Seat On AU Peace And Security Council

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

  • Economy
    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    WEF President Børge Brende Resigns Following Review Of Epstein Contacts

    Zimbabwe: Governing Party Plans 2 Years Extension Of President’s Term

    Zimbabwe Bans Export Of Raw Minerals, Lithium Concentrates

    World Bank Advocates Debt Relief For Countries Owing Over $8.7trn

    World Bank Targets $6bn Concessional Funding To Revive Mozambique’s Economy

    Nigeria Rises To Fifth In Africa’s Solar Rankings As Adoption Grows

    Egypt Ranks Third In Africa For Solar Energy Capacity In 2025

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    Zimbabwe’s Local Content Drive Is Saving Govt US$500m Annually

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    US Supreme Court Rules Trump’s Global Tariffs As Illegal

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Malawi: Suspects Who Used Hearse To Smuggle Charcoal Escape Custody

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Erdogan Visits Ethiopia After 11 Years, Signs Energy Cooperation

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

    Kenya: Strike Grounds Flights At Jomo Kenyatta Airport

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

Oloibiri Museum: NCDMB Executes Construction Contract With Julius Berger

December 13, 2024
in Economy, Top Stories
0
Oloibiri Museum NCDMB Executes Construction Contract With Julius Berger
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By John Ikani

The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday signed the engineering, procurement, and construction contract with Julius Berger PLC for the development of the Oloibiri Museum and Research Centre (OMRC), to be located in Otuabagi, Ogbia Local Government Area of Bayelsa State.

Relatedreading

US Lifts Sanctions On Malian Officials As Relations Improve

New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

The Executive Secretary of NCDMB, Engr. Felix Omatsola Ogbe, signed the contract at the Board’s liaison office in Abuja. The project is set to be completed within 30 months.

The OMRC is being financed by the Petroleum Development Technology Fund (PTDF), NCDMB, Shell Petroleum Development Company/Nigerian National Petroleum Company Ltd, and the Bayelsa State Government, in the ratios of 40%, 30%, 20%, and 10% respectively.

The project is registered by guarantee, with the four organisations serving as partners. The contract agreement has been approved by the partners and signed by Julius Berger PLC.

The Executive Secretary of NCDMB, as chairman of the registered company, signed the contract on behalf of the partners. The Director of Legal Services at NCDMB, Naboth Onyesoh, Esq., serves as the Secretary of the company.

In February 2023, the administration of President Muhammadu Buhari awarded the contract for the engineering, procurement, and construction scope of the OMRC to Julius Berger for the sum of ₦117 billion.

The groundbreaking ceremony for the OMRC was held in February 2023. It was a colourful event attended by prominent government officials, oil and gas stakeholders, and members of the local community.

Engr. Felix Omatsola Ogbe expressed his satisfaction with the contract’s execution, marking the beginning of construction activities. He highlighted that the project would bring significant economic benefits to Bayelsa State and the nation during both the construction and operational phases.

He extended his gratitude to the project partners and stakeholders who have contributed to the project’s progress thus far.

The project was conceived to honour Oloibiri as the birthplace of Nigeria’s commercial hydrocarbon production, which began in 1958.

Engr. Ogbe further noted that President Bola Tinubu regarded the project as long overdue, prompting multi-level collaboration between the government and private sector to bring it to fruition.

The OMRC will include a world-class oil and gas museum, showcasing the history of crude oil production in Nigeria. It will feature geological formations, early equipment, tools, and platforms used in the development of oil and gas activities.

Additionally, the research and testing centre will provide facilities for field trials of prototypes related to indigenous oil and gas research. It will offer university students in related disciplines access to advanced research opportunities, fostering a better understanding of indigenous oil and gas technological advancements.

The OMRC is also expected to drive the commercialisation of research by creating an ecosystem conducive to developing home-grown oil and gas technologies. It will generate a new value chain from museum and research operations, creating employment opportunities for Nigerians.

Tags: Nigerian Content Development and Monitoring Board (NCDMB)
ShareTweetSend
Previous Post

Somaliland: New President To Pursue International Recognition For Breakaway Region

Next Post

Niger: Military Junta Suspends BBC For Destabilizing Morale Of Troops

Related Posts

US Lifts Sanctions On Malian Officials As Relations Improve

US Lifts Sanctions On Malian Officials As Relations Improve

February 27, 2026
New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

February 27, 2026

Ex-US Embassy Official Who Abused Burkina Faso Girls Jailed For Life

African Nations Push Back Against Unequal US Health Funding Deals

Mozambique Suspends 300 Broadcast Licences Over Regulatory Violations

Nigeria: DHQ Defends US Military Assistance, Insists Sovereignty Intact

Next Post
Niger: Military Junta Suspends BBC For Destabilizing Morale Of Troops

Niger: Military Junta Suspends BBC For Destabilizing Morale Of Troops

Please login to join discussion
AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1 AfriHeritage Magazine Issue 3 - Cover 1
AH 2026 AH 2026 AH 2026

Updates

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
US Lifts Sanctions On Malian Officials As Relations Improve

US Lifts Sanctions On Malian Officials As Relations Improve

February 27, 2026
New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

February 27, 2026
Ex-US Embassy Official Who Abused Burkina Faso Girls Jailed For Life

Ex-US Embassy Official Who Abused Burkina Faso Girls Jailed For Life

February 27, 2026
Nigeria: Ruling Party Controlled States Pledge 15% Of Annual Budget To Healthcare

African Nations Push Back Against Unequal US Health Funding Deals

February 27, 2026
JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia JESIN GAMES - AfriTrivia
ADVERTISEMENT

Most Recent

US Lifts Sanctions On Malian Officials As Relations Improve

February 27, 2026

New Pill For Sleeping Sickness Approved In Europe, Set For Use In Africa

February 27, 2026

Ex-US Embassy Official Who Abused Burkina Faso Girls Jailed For Life

February 27, 2026

African Nations Push Back Against Unequal US Health Funding Deals

February 27, 2026

Mozambique Suspends 300 Broadcast Licences Over Regulatory Violations

February 27, 2026

Nigeria: DHQ Defends US Military Assistance, Insists Sovereignty Intact

February 27, 2026

Africans Are Online Daily, But Digital Safety Awareness Still Low – Survey

February 27, 2026

Tunisia: Court Declines Application To Halt Production At Polluting Fertiliser Plant

February 26, 2026

About

Heritage Times HT stands as a beacon of pan-African journalism, dedicated to amplyfing the rich tapestry of voices and narratives across the continent. With unwavering commitment, we illuminate the evocative essence of Africa, offering a fresh perspective that captivates our global audience.

Featured

One Year of Transformative Stewardship: Walson-Jack’s Innovative Impact on Nigeria’s Civil Service

Africa’s Largest Tech Event, MWC25 Kigali, Returns With Focus On Innovation, Policy

Nadine Djuiko: Meet The Cameroonian Woman Behind Maryland’s Million-Dollar Braiding Empire

Connect

Connect with us on social media and receive timely updates on the go.

Get Updates

  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In