Fidelity bank banner UBA banner
45 Nigerian firms flaunt potential at SNEPCo exhibition

By News Express on 21/10/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 415

•Cross-section of participants at SNEPCo exhibition
•Cross-section of participants at SNEPCo exhibition

In-country value in the oil and gas sector received a major boost from the Shell Nigeria Exploration and Production Company (SNEPCo) as over 45 indigenous service firms subscribed to the just-concluded SNEPCo Nigeria Content Exhibition in Lagos, a platform  for the firms to showcase their capacities and capabilities to regulators and major players in the industry.

The exhibition with the theme, “Made in Nigeria, Fit For the Future”, brought to fore in-country manufacturing opportunities and competitive local alternatives in the oil and gas industry and provided a platform for knowledge sharing among the exhibitors, Shell staff and contractors, and other key industry stakeholders.

In his opening remarks at the exhibition, Managing Director of SNEPCo, Bayo Ojulari, said the company’s local content strategy was built around the national framework as developed by the Nigeria Content Development and Monitoring Board. “The strategy places strong emphasis on research and development, promotion of local manufacturing, indigenous asset ownership, and human capacity development.”

Ojulari added: “Shell recognises the significant role that a viable and competitive manufacturing sector plays in the economic development of a country. Therefore, we actively seek opportunities to support and showcase strides made by Nigerian companies in the manufacturing of import-substituting goods and services, especially those required for oil exploration and production.”

He cited some ongoing initiatives by the company to further support local capacity such as the collaboration University of Ibadan and University of Port Harcourt on research into synthetic base fluids for drilling operations using local raw materials. “This is expected to substitute imported fluids and stimulate industrial production,” he said.

Also speaking, the Executive Secretary of NCDMB, Simibi Wabote, acknowledge the contributions of International Oil Companies to the improvement of standards of goods produced by local companies.

Wabote, who was represented by the company’s Director of Project, Tunde Adelana, singled out Shell’s support to an indigenous company, NMT, to improve on its standards in the delivery of bolts, nuts and fittings used in the oil and gas industry. He therefore called on other multinationals to emulate Shell by making deliberate efforts to assist small local companies.

SNEPCo has been in the forefront of local capacity development and its Bonga Floating Production, Storage and Offloading vessel helped to create the first generation of Nigerian oil and gas engineers with deep water experience and stimulated the growth of support industries.

Recognising the pioneering role of SNEPCo in Nigerian Content Development, Group General Manager, National Petroleum Investment Management Services, Rowland Ewubare, who was represented by NAPIMS’ Project Manager, Gas Division, Jubril Lawal, described Shell as the most consistent performer in the industry.

The annual exhibition has helped to provide market linkage for service companies in the industry.

 

Source News Express

Posted 21/10/2018 7:37:02 PM

 

Share on facebook Yahoo mail icon Gmail icon Share on Google+


 

CLASSIFIED ADS

 

You may also like...
NSCDC declares war against pipeline vandals

955 workers trapped in underground South Africa gold...

King Sunny Ade cancels U.S. tour over work...

Richard Branson suspends Saudi Arabia business ties over...

No selective justice in fight against corruption: Odigie-Oyegun...

Ngige begs oil workers to end strike as...

Omokri: Between loyalty and insanity, By Femi Odere...

Bukola Saraki and the race for Senate Presidency,...

Yudala launches Surulere store, 2 others

Buhari’s lawyer admits giving 500k to Judge but...

8 foreigners taken hostage off Nigerian coast

BREAKING: Suspected Badoo Cult Leader, Chief Herbalist captured...

 

Latest News Wonder banks defraud over 1,000 people in Abia Body of abducted APC chieftain found in Rivers 2019: Why South-South is backing Atiku — Edwin Clark Alleged Fraud: Court orders service on Oshiomhole, EFCC Obasanjo sues radio presenter for N1bn over Bola Ige’s death 78-year-old serial killer confesses to killing 90 people Foreign investors, govt divest from banks 2019: International community beams searchlight on Nigeria 2019: Kashamu emerges Ogun PDP governorship candidate FG, States, LGs share N2.28tn in one quarter Eid-el-Maulud: Okowa urges sober reflection, seeks prayers for peaceful elections Buhari begs politicians not to set Nigeria ablaze, launches campaign manual

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (422,212 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (390,521 views) Shameless Genevieve Nnaji exposes breasts in public (323,575 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (272,025 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (244,581 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (227,682 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (209,403 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (190,954 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (176,251 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (168,790 views) Lagos plane crash: Journalist releases victims’ names (165,351 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (152,203 views)

 

Zenith Zero Balance First Bank chat banking

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (74) Business & Economy (3,801) Business Verdict (54) Columnists (964) Complaints & Requests (94) Enterprise & Opportunities (208) Entertainment (568) Features (670) Global Business Monitor (310) International (2,699) Interview (167) Live Commentary (28) Love Matters (146) Maggie's Blog (38) News (40,653) Opinion (1,144) Pidgin (13) Politics (7,793) Religion (902) Sports (1,780) Stock Watch (35) AMA & Al Jazeera Global Update

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera