The Nigerian Content Development and Monitoring Board (NCDMB) has concluded plans to host policy makers, experts and investors in the oil and gas sector across the world to discuss ways to provide an enabling environment for investment in the energy sector and opportunities in decarbonisation and domestic gas utilisation during its 2023 Practical Nigerian Content Forum.
In a statement issued by NCDMB’s Department of Corporate Communications, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his gas counterpart, Ekperikpo Ekpo, will lead other stakeholders of oil and gas industry heading to Yenagoa Bayelsa State for one of the biggest events in the calendar of the oil and gas industry.
According to the statement, the ministers are expected to deliver ministerial addresses and show direction of the Federal Government’s thinking concerning Nigerian content and investment strategies at the event, which is hosted by the NCDMB, in partnership with DMG Events and Bayelsa State government.
The statement reads: “This year’s edition is slated to open with an invitational golf tourney and welcome dinner – the first of the three gala nights that would be sponsored by Coleman Wires and Cables, the Bayelsa State government and the Nigeria LNG Limited to be closed on Thursday, December 7, with a visit by delegates to the facility of MG VOWGAS in Port Harcourt, River State.
“Some of the presentations that will be received at the PNC include the opening address by the host of the event and executive secretary of NCDMB, Simbi Kesiye Wabote, while the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe and the Chief Executive, Nigerian Midstream and Downstream Petroleum Authority (NMDPA), Farouk Ahmed and other stakeholders will feature at the event.”
“Also, the Group Chief Executive Officer, Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kolo Kyari, is also expected to grace the PNC as he had always done in previous years
“Major international oil companies (IOCs), members of the Independent Petroleum Producers Group (IPPG), and service companies, will be participating in the conference, with their chief executive officers functioning in one capacity or the other, principally as moderators of panel discussions or delivering papers on critical issues relating to local content practice in the oil and gas sector”For the 2023 edition, key subjects for the panel sessions centred around: ‘’Providing an enabling environment for investment in the energy sector,’’ “Opportunities in decarbonisation and domestic gas utilisation,” “Deepening Nigerian Content in the manufacturing sector,” and “Financing a thriving midstream sector for socioeconomic development,” and Sustainable framework for human capacity development.”
“In addition to the expansive exhibition, the PNC Forum affords prospective investors and clients as well as fund managers an interactive platform with key Federal Government officials overseeing the oil and gas sector key industry operators and service providers and chief executives of the regulatory agencies
“Among the industry players, a major activity is evaluation of their performances in local content practice and consideration of appropriate adjustments aimed at better results.
“To be showcased are opportunities for collaboration and partnership between the public sector and private business interests and between the private sector and academia,’’
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