NCDMB, PETAN share local content insights at Namibia Conference

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NCDMB, PETAN share local content insights at Namibia Conference
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As part of NCDMB and PETAN collaboration at the Namibia Oil and Gas Conference, the two organisations set up a joint exhibition booth and received leaders of the government, andoil and gas stakeholders.

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In his presentation, Mr Halilu listed Nigeria’s local content implementation pillars to include regulatory framework, access to market, gap analysis, capacity building, incentives and funding, and research and development. He highlighted the key roles played by Petroleum Technology Association of Nigeria who have over 101 companies that provide technology in diverse areas of the industry, employ over 30,000 Nigerians and have cumulative employment impact over 100,000.

He also recommended government’s partnerships with competent private sector players to deliver strategic energy projects that meet needs of the nation’s economy. Another suggestion was the facilitation of collaborations between local companies and original equipment manufacturers ,and government’s sponsorship of local service firms to international oil and gas conferences, to expose them to partnership opportunities and new technologies.

Other problems bordered on doubts regarding the technical capacity of local service companies, as well as the misconception by some indigenous operating companies and midstream and downstream players that the NOGICD Act did not cover their operations.

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