OIL & GAS

The Doors Of Our Mandate To Encourage Domiciliation Of Critical Oil And Gas Industry’s Operations And Patronage Of Established Capacities Remain Open, Ogbe Assures Samsung Heavy Industries

<h4>The Doors Of Our Mandate<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> reports that the Executive Secretary of the Nigerian Content Development and Monitoring Board &lpar;NCDMB&rpar;&comma; Engr&period; Felix Omatsola Ogbe on Friday received a delegation from the Samsung Heavy Industries Nigeria &lpar;SHIN&rpar;&comma; led by their new Managing Director&comma; Mr&period; Jin Lee&period;<&sol;p>&NewLine;<p>The meeting was held at the Board’s Lagos liaison office and discussions focused on the firm’s in-country capacities&comma; which include heavy fabrication and FPSO integration quayside at the SHI MCI free zone&comma; Takwa Bay Lagos&period;<&sol;p>&NewLine;<p>The company sought the Board’s assistance to attract new projects to the facility&comma; highlighting their experience to execute major oil and gas projects and pledging support to the Federal Government’s mantra of fast tracking crude oil production and creating employment opportunities for Nigerians&period;<&sol;p>&NewLine;<p>The SHIN team reminded the Executive Secretary that their facility executed key scopes in-country aspects of Total Energies’ Egina deepwater project&comma; including the partial integration of the Egina FPSO in 2017 and 2018&period;<&sol;p>&NewLine;<p>The project remains a reference point for local content accomplishment in the Nigerian oil and gas industry till date&period;<&sol;p>&NewLine;<p>Lee regretted that the facility had not carried out major projects since the onset of COVID-19 pandemic in 2020&comma; when oil industry operations were significantly impacted&period;<&sol;p>&NewLine;<p>SHIN officials also requested the Board to introduce their company to the African Petroleum Producers Organisation &lpar;APPO&rpar; and other international clientele&period;<&sol;p>&NewLine;<p>The introduction would enable them to market their capabilities&comma; attract international businesses&comma; thereby establishing Nigeria as a hub for export such services in Africa&comma; the MD said&period;<&sol;p>&NewLine;<p>The company also announced plans to diversify into the renewable energy space&comma; and contribute towards providing solutions to Nigeria’s energy challenges&period;<&sol;p>&NewLine;<p>The company’s intends to manufacture floating foundations and associated assets for wind farms&comma; and other renewable projects&period;<&sol;p>&NewLine;<p>In his comments&comma; the Executive Secretary welcomed the new Managing Director to Nigeria&comma; and assured him of the Board’s support&comma; in line with its mandate to encourage domiciliation of critical oil and gas industry’s operations and patronage of established capacities&period;<&sol;p>&NewLine;<p>He charged SHIN to work with indigenous service companies&comma; build their capacities and maximize job creation in the economy&period;<&sol;p>&NewLine;<p>Speaking further&comma; Ogbe promised to recommend SHIN to APPO and other international groups&comma; in furtherance of the Nigerian Content 10-year strategic roadmap’s Sectorial and Regional Linkage enabler&comma; which places emphasis on the creation of international opportunities for Nigerian companies that have built outstanding capacities&period;<&sol;p>&NewLine;<p>He also promised that the Board would visit SHIN’s facilities&comma; in company with representatives of international and indigenous operating oil and gas companies&comma; with a view to accessing their capacities and mobilizing patronage&period;<&sol;p>&NewLine;

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