L-R: General Manager, Strategic and Transformation, NCDMB, Engr. Abayomi Banjoko, Dr. Gina O. Gina, General Manager Corporate Communications, ES CEO, NCDMB, Engr. Simbi Kesiye Wabote, Mr. Akintunde Adelana, Director of Monitoring and Evaluation and Mrs. Funmi Ogbue MD, Jake Riley
-By Felix Douglas
…NOGOF to build and support development of local capacities and capabilities in the oil industry.
…Opportunities for thousands of key players in oil and gas sector to help grow business for quick decision making.
In 2019, the Nigerian Content Development Monitoring Board (NCDMB) invested $100 million in oil and gas industry. This was disclosed at a press conference held by the Board to showcase opportunities going forward for the industry.
Speaking at a press briefing in anticipation of the upcoming Nigeria Oil and Gas Opportunities Fair 2021 (NOGOF). Engr. Simbi Wabote, Executive Secretary (ES) of NCDMB made it known that NOGOF is a biennial event organised by NCDMB with core intention of showcasing opportunities that are likely to emerge from short to medium term plans. It is an opportunity to portray activities of operators and project proposals operating in the upstream, midstream and downstream sector of the Nigerian oil and gas industry.
NCDMB is set to host the 2021 edition from 25th to 26th of May 2021. The event, themed “Leveraging Opportunities and Synergies for Post Pandemic Recovery of the Nigerian Oil and Gas Industry” is programmed to take place virtually, a move that is consistent with the covid-19 guidelines.
The ES said it is mandated by law in the NOGIC Act and section of the NCCF where the Board is to provide a platform for future opportunities. NOGOF paves way for Nigerian vendors to prepare in anticipation because the challenges they always had is that when projects and opportunities emerge, they are not given desired feasibility in order to deliver.
Engr. Wabote was of the view that if people have prior information they will engage their risk and do analysis either 50 50 or 60 40 to venture on those projects hence they begin to build their capacity and opportunity to take inherent advantages.
Mostly, NOGOF is aligned with key thoughts of the NOGIC Act 2010 which has charged NCDMB to build and support development of local capacities and capabilities in the sector to foster institutional collaboration, maximizing participation of Nigerians in oil and gas activities linking oil sector with other sectors of the economy for utilization of Nigeria resources among others.
The 2021 NOGOF is the third edition. The first edition was hosted in Akwa Ibom while the second was in Bayelsa state.
Notwithstanding, the 2021 version will be the first virtual edition. The ES explained to journalists that the Board anticipated that until the Covid-19 challenge is dealt with it will continue to use virtual platforms to hold workshops.
“Most importantly, while we continue to struggle with the challenges of Covid-19, we must also give hope to Nigerians that there are opportunities they should look at for. But if we all bury our heads with regards to the challenges of Covid-19, we will find nothing that we can do again.
“So, we must as NCDMB continuously give hope to Nigerians and continue to show them that even when you have a pandemic like this, there is opportunity for people to look out for. There is a saying that behind every disaster, there is an opportunity and behind every dark cloud, there is a silver lining.
“We must continue to show that things can be done. For instance throughout this Covid period, we continuously produce oil. There has been no report of lack of production, it has continued. The only reason why oil is being produced at the current level is because of OPEC curtailment, if not there are potentials for more production.
“If production is going on well, who are the people dealing with these production? What are the activities sustaining these production? With all the Covid guidelines and rules nobody has heard that when Covid started we shut down our platforms and production, it has never happened.
“One of it is how local content has fared over the years, I recall in those days when we had some of the Niger Delta agitations, most of the International Oil Companies (IOCs) left and we have to shut down most of our oil wells because there were no capacity or capability to produce them after those IOCs had left.”
Surprisingly, the ES added that with the local content in oil and gas sector, the country has been able to grow capacity to continuously produce despite pandemic. The ES pointed out that “the pandemic is an enemy you don’t even see or know how it looks like, all you see are things on television.” Production continues hence there are lots of opportunities despite Covid-19 challenges.
The first agenda includes: technical opportunity session for various stakeholders and it will enable them to talk to delegates. There will be awards ceremony in recognition of distinguished industry players.
NOGOF 2021 offers a great virtual experience, combining current technology to deliver collaboration between thousands of key players in oil and gas sector which will help to grow business by seeing opportunities for quick decision making.
The event promises to have over 1000 opportunities to be presented by international oil companies, independents, and other major players, with more than 1,500 registered participants. Attendees are expected from government agencies, industry regulators, as well as oil producing communities. The manufacturing sector, foreign investors and the financial institutions are not left out either.
For delegates, registration at NOGOF 2021 comes with a fee of N25, 000.00 which entitles the participant to connect with attendees online through the click of a button, to have a personal profile and to showcase one’s expertise, to network and promote projects and opportunities to potential investors, to virtually visit exhibition booths, and to Instantly learn of current opportunities – all on the virtual platform.
In continuation with the Board’s practice to maintain an updated database of opportunities covering the upstream, midstream, and downstream sectors, the 2021 version of the Compendium of Opportunities will be made available after the event. Essentially, the compendium is aimed at helping local, indigenous, and potential investors prepare, improve their capacities and capabilities to participate in available and upcoming contracts/projects. This case-bound compilation published by NCDMB will be distributed in e-copies to all stakeholders after the event.
The NOGOF 2021 virtual platform is built to offer premium benefits to its sponsors. It includes features that help position sponsoring organizations for continual growth with a lingering online presence long after the event. This continuous online presence after the event offers sponsors the privilege of using the virtual event platform’s numerous promoting marketing tools to keep potential clients engaged.
For willing firms, there are various sponsorship opportunities available. They include: Platinum, Gold, Silver, and Bronze. Depending on the category, benefits to the sponsoring companies range from free exhibition, video posting of service/products, pictures of products, ability to add files of service via catalogue for viewing, obtaining potential client(s) details, to having a branded networking room.
Other privileges to sponsoring parties include: the option of the company’s CEO to deliver a good will message at the opening of the event, to speak at a session, advertising during sessions, provision of company’s website links on platform pages during sessions, display of logo with option to set same as backdrop banner for all sessions, visible social media handles for companies on platform’s pages, complimentary delegate access to event activities, event feed post during program, and half-page description of the company’s profile on event website and platform.
However, there is enough room for regular exhibitors who are not sponsoring. These virtual exhibitors shall be enabled to: make 5 video postings of 60 Seconds each; 5 pictures of products; load their company’s service catalogue; obtain potential clients’ details for follow–up purposes and hang their company’s banner as backdrop.
On the second day of the event, a couple of companies shall be recognized for their outstanding contribution to the O&G industry under the award session which is tagged: “Opportunity Presenters’ Awards”.
The categories include:
National Operating Company with the most impactful Local Content Development Initiative(s) in Nigeria.
International Upstream Operating Company with the most impactful Local Content Development Initiative(s) in Nigeria.
Independent or Indigenous Upstream Operating Company with the most impactful Local Content Development Initiative(s) executed in Nigeria.
Downstream Operating Company with the most impactful Local Content Development Initiative(s) executed in Nigeria.
Gas Processing Company with the most impactful Local Content Development Initiative(s) in Nigeria.
Multinational Service Provider with the most impactful contribution to Local Content Development in Nigeria (within the period of 2019 to date).
Nigerian Indigenous Service Provider with the most impactful contribution to Local Content Development in Nigeria (within the period of 2019 to date).
Most Supportive Financial Institution to Local Content Development in Nigeria.
Refining and Petrochemicals Company with the most impactful Nigerian Content Development Initiative(s).
Manufacturers and Fabricators with the most impactful Nigerian Content Development Initiative(s)
Confirmed Sponsors include Dangote Group, Shell Nigeria, Samsung Heavy Industries Nigeria Limited, Total E&P Nigeria Limited, Oil Serve, NLNG, SEPLAT, Daewoo, First E&P, Energia Limited, and NCDMB.
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