Fidelity bank card banner Emerald Energy Institute Camano banner

45 Nigerian firms flaunt potential at SNEPCo exhibition

By News Express on 21/10/2018

Gmail icon

Views: 1,422

•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

 

 

CLASSIFIED ADS

 

You may also like...
Gunmen kidnap cleric, two others in Kaduna

Kano woos investors for economic growth

March 9: Steer clear of Niger Delta, PDP...

Nigerian banks lose 2 million customers in 2...

Shell pays Nigerian govt, agencies $6.397bn; pledges greater...

Ojukwu visited me last night to weep for...

African Leaders of Peace Summit’ holds August 13-14...

Lagos APC warned against imposition of candidates

Oil price hits 5-year low, records fastest crash...

Departing war chief gives Boko Haram charge

Ambode laments killing of 18 LASTMA officers on...

Busola vs Biodun: Engaging the real issues in...

 

Latest News 2 killed as gunmen storm Rivers communities Rape case: Fatoyinbo files preliminary objection, says Busola’s case ‘filed out of time’ Akpabio announces plans for industrial clusters in Niger Delta Magashi and challenges of national security Delta tribunal verdict fair, just, well-deserved, says Oyovbaire •Condemns court action as unnecessary Hostage regains freedom after 4 years in pirates’ custody PDP heads for Appeal Court as tribunal upholds Governor Masari’s re-election NNPC unveils plans to revamp refineries from January 2020 Obi advises Nigerian universities to look inwards No meeting between Dickson and Sylva — PDP Youth Network Okowa to Christians: Dedicate your life to serving God Another perspective on xenophobic attacks, By Odimegwu Onwumere

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (542,601 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (443,880 views) Shameless Genevieve Nnaji exposes breasts in public (390,353 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (327,226 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (295,380 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (254,036 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (250,336 views) 10 cars more expensive than Jets (239,116 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (232,028 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (218,013 views) Lagos plane crash: Journalist releases victims’ names (196,294 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (193,869 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (102) Business & Economy (4,454) Business Verdict (80) Columnists (1,113) Complaints & Requests (96) Enterprise & Opportunities (215) Entertainment (666) Features (815) Global Business Monitor (445) ICT Monitor (63) International (3,972) Interview (203) Live Commentary (30) Love Matters (171) Maggie's Blog (418) News (51,603) Opinion (1,364) Pidgin (17) Politics (11,469) Religion (1,103) Sports (2,173) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera