This is why government officials and oil industry personalities on 4 December, are gathering at the 17-storey Nigerian Content Tower (NCT) headquarters of the Nigerian Content Development and Monitoring Board (NCDMB), in Swali, Yenagoa, to be part of the yearly Practical Nigerian Content (PNC) Forum 2023, the 12th edition.

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his Gas counterpart, H.E. Hon. Ekperikpo Ekpo would lead key stakeholders to the venue for one of the biggest events in the oil and gas industry.

While attending the event, the Ministers will deliver ministerial addresses and reveal the government’s thinking concerning Nigerian Content and investment strategies.

The PNC is hosted by the NCDMB in partnership with DMG Events and Bayelsa State Government. This year’s edition is slated to open with an invitational golf tourney and welcome dinner. There would be three gala nights to be sponsored by Coleman Wires and Cables, the Bayelsa State Government and the Nigeria LNG Limited. The closing on Thursday, December 7, would witness a visit by delegates to the facility of MG VOWGAS in Port Harcourt, the Rivers State capital.

Some of the presentations that will be received at the PNC include the opening keynote address by the host of the event and Executive Secretary of NCDMB, Engr. Simbi Kesiye Wabote, while the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, and Chief Executive, Nigerian Midstream and Downstream Petroleum Authority (NMDPA), Engr. Farouk Ahmed, alongside other key industry figures, would feature prominently in the 4-day event.

Also, the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mallam Mele Kolo Kyari will grace the PNC based on past traditions.

Major international oil companies (IOCs), members of the Independent Petroleum Producers Group (IPPG), and service companies will be actively participating in the four-day conference. The chief executive officers of these companies will perform in one role or the other, principally as moderators involved in panel discussions or as panellists. They may also deliver papers on critical subjects relating to local content practice in the oil and gas industry.

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For the 2023 edition, key subjects for the panel sessions centre around “Providing an Enabling Environment for Investment in the Energy Sector,” “Opportunities in Decarbonisation and Domestic Gas Utilization,” “Deepening Nigerian Content in the Manufacturing Sector,” and “Financing a Thriving Midstream Sector for Socioeconomic Development,” and Sustainable Framework for Human Capacity Development.” Presentations on R&D Success Stories are also expected.

In addition to the expansive exhibition, the PNC Forum affords prospective investors and clients as well as fund managers an interactive platform with key Federal Government officials overseeing the oil and gas sector, key industry operators and service providers, and chief executives of the regulatory agencies.

Among the industry players, a major activity is the evaluation of their performances in local content practice and the consideration of appropriate adjustments aimed at better results.

There shall be opportunities for collaboration and partnership between the public sector and private business interests as well as between the private sector and academia. Also included are opportunities for divestments by IOCs and entering talks around decarbonisation.

Meiza Nigeria