NCDMB targets new investment talks at 2026 oil and gas summit
The 2026 summit will focus on local content, refining growth and opportunities across Nigeria’s energy sector.
As Nigeria’s oil and gas industry adjusts to post-subsidy realities, refinery expansion, gas infrastructure development and new regulatory reforms, the Nigerian Content Development and Monitoring Board (NCDMB) is preparing to bring key industry players together for fresh conversations around investment, local participation and sector growth at the oil and gas summit.
The Board has announced plans to host the 2026 Oil & Gas Midstream & Downstream Stakeholders Summit, scheduled to be held from May 19 to 20, 2026, at Four Points by Sheraton, Victoria Island, Lagos.
The summit comes at a time when Nigeria’s midstream and downstream sectors are attracting renewed attention following major shifts across the energy industry, including the operational expansion of local refining capacity, increased gas commercialisation efforts and implementation of the Petroleum Industry Act (PIA).
Hosted by the Executive Secretary of NCDMB, Felix Omatsola Ogbe, the event is expected to convene regulators, government officials, institutional investors, financiers, EPC contractors, operators and senior executives across the oil and gas value chain.
According to organisers, the summit is designed to serve as a strategic platform for stakeholder engagement, policy discussions, investment conversations and partnership development across Nigeria’s evolving energy landscape.
Also Read: NCDMB, Seplat advance plans for gas research centre at DELSU
The event will also focus heavily on the implementation of the Nigerian Oil and Gas Industry Content Development Act 2010 and the Ministerial Regulations 2021, both of which continue shaping local participation and capacity development within the sector.
Industry stakeholders are also expected to discuss how recent reforms under the Petroleum Industry Act are influencing transparency, investment confidence and business operations across the industry.
One of the major highlights of the summit will be the unveiling of the new NCDMB Midstream and Downstream Operating Model, which the Board says is aimed at strengthening local content participation and improving operational alignment within the sector.
The summit arrives during a period of major transition for Nigeria’s energy industry.
For years, conversations around Nigeria’s oil sector focused heavily on upstream exploration and crude exports. But recent developments, including the expansion of domestic refining capacity and growing focus on gas infrastructure, are shifting more attention toward midstream and downstream opportunities.
Analysts have repeatedly argued that stronger local refining, gas processing and petroleum infrastructure could help Nigeria reduce import dependence, improve energy security and create more domestic industrial value from its oil and gas resources.
Nigeria’s downstream sector has also undergone major changes since the removal of petrol subsidy in 2023, with market pricing, supply chain adjustments and private sector participation reshaping the industry.
At the same time, investors continue monitoring how regulatory consistency, infrastructure development, foreign exchange stability and financing conditions will affect long-term growth across the sector.
The NCDMB summit is expected to provide stakeholders with opportunities to discuss many of these concerns directly, while also exploring emerging investment opportunities tied to refining, gas commercialisation, logistics, storage infrastructure and local manufacturing.
Participants are expected from across the oil and gas industry, including regulatory agencies, technical experts, government representatives, midstream and downstream operators, and energy sector professionals.
According to the organisers, attendees will gain access to high-level policy discussions, regulatory insights, Nigerian content development initiatives and networking opportunities with industry decision-makers.
The Board also stated that the summit is intended to strengthen collaboration within the industry while supporting sustainable growth across Nigeria’s midstream and downstream value chain.
Participation at the event is strictly by invitation, although attendance will be free for invited stakeholders.
As Nigeria continues trying to expand local energy capacity and attract more investment into domestic oil and gas infrastructure, the discussions at the summit are likely to reflect broader questions facing the industry, not just around production, but around how much long-term value the country can retain within its own energy economy.
