BREAKING NEWS, Oil & Gas
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The Shell Nigeria Exploration and production Company Limited’s fourth exhibition shows that Nigerian business companies are taking advantage by exhibiting their potentials in developing offshore materials
ABOUT 40 Nigerian companies showcased their potential for offshore materials and services in the oil and gas industry at an exhibition organised in Lagos by the Shell Nigeria Exploration and production Company Limited, SNEPCo, deep-water subsidiary of Shell in Nigeria. The exhibition was the fourth in the series aimed to raise the level of awareness in critical offshore oil and gas categories as well as investment opportunities exist.
The Nigeria Machine Tools, and Kay Global, were among the exhibitors at the 2015 edition whose products are now being used in the oil and gas industry in Nigeria.
“The annual Nigerian content exhibition has helped Nigerian companies to keep pace with the fast-evolving local market for offshore materials and services,” Bayo Ojulari, SNEPCo’s managing director, said in his opening remarks, adding: “Looking back on the three editions, I’m happy to say that the event has provided a platform for the alignment of offshore industry demands with local capabilities, which has in turn promoted exchange of ideas and best practices among the indigenous service providers, SNEPCo and other stakeholders.”
William Arikekpar, manager, monitoring at the Nigerian Content Development and Monitoring Board, NCDMB, commended the SNEPCo for sustaining the exhibition since the first edition in 2012. He urged Nigerian companies to take advantage of the opportunity to demonstrate their capabilities in offshore oil and gas operations.
Ralph Welzels, SNEPCo’s finance director, said he was happy to see many Nigerian companies exhibiting at the event, saying they must sustain the drive for excellence by improving processes and benchmarking against global standards.
The Nigeria Machine Tools attended the Nigerian Content Exhibition on November 11, having just successfully introduced some of its products, such as stud bolts and nuts, for use in offshore oil and gas exploration and production, after the SNEPCo supported the company with testing and certification. Also, Kay Global achieved a breakthrough as the backing of Shell has led to the acceptance of the company’s locally manufactured personal protective equipment for use in the oil and gas industry in Nigeria.
Chiedu Oba, general manager, Nigerian Content Development, Shell companies in Nigeria, said: “Shell companies in Nigeria will continue to support local manufacturers and vendors to bring them up to international standards. In doing this, we’re looking to see manufacturer suppliers who will make their mark on the international scene.”
SNEPCo helped to create the first generation of Nigerian deep-water oil and gas engineers and service providers when it commenced production at Bonga field in 2005, Nigeria’s first oil and gas project in more than 1,000 metres of water.
Today, 90 percent of Bonga’s core offshore staff are Nigerians. The SNEPCo has also led the way in providing financial empowerment and facilitating the transfer of knowledge and competences from global offshore service providers to local firms in exploration and production activities.
— Nov 18, 2015 @ 15:05 GMT
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