The Nigerian Content Development and Monitoring Board (NCDMB) has explained that it decided to hold the 4th and Nigeria Oil and Gas Opportunity Fair [NOGOF] physically to offer small and medium income enterprises the greater opportunity to showcase themselves.
The biennial Fair comes up at the NCDMB Conference Center, in Yenegoa, between 17 and 19 May 2023, with the theme “The oil and gas industry – catalyst and fuel for the industrialization of Nigeria.”
The event, which was introduced by the Mr. Simbi Kesiye Wabote, started 2017, with the inaugural edition held at Uyo, Akwa Ibom state, has consistently showcased short to medium term plans and activities of operators and project promoters in the upstream, midstream, and downstream sectors of the Nigerian oil and gas industry.
The NCDMB chief executive had explained that the showcase of upcoming projects is intended to give Nigerian service companies ample opportunity to build relevant capacities that might be required to execute the projects in-country, thereby creating employment opportunities, and retaining spend in-country.
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The goal is to reassure stakeholders of the industry that opportunities still abound in the Nigerian oil and gas industry and encourage them to look forward and invest in the sector, despite concerns about energy transition and other emerging developments in the global oil and gas industry.
The agenda of the event this year would focus on industry linkages as well as opportunities within the African continent. The event promises to showcase opportunities that exist in the industry over the next three to five years and presentation will be made by over 20 international and indigenous oil and gas companies.
Some of the topics that will be discussed at NOGOF 2023 will include upstream opportunities, linkage industry opportunities, gas and downstream opportunities, financing and investment, environmental, social and government (ESG) and sustainable and regional opportunities with members of the African Petroleum Producers Organisation, (APPO).
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Other topics will include topical and challenging issues currently facing the oil and gas industry, with the goal of finding lasting solutions in the industry.
The event will be attended by both government and private organisations, which would come from international and indigenous oil and gas companies, federal government agencies, financial sector and linkage industries.
By Bosco Agba