By Adaobi Rhema Oguejiofor
The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that it plans to showcase opportunities in the country’s oil and gas sector at the 4th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF).
The theme for NOGOF 2023 is tagged “The Oil and Gas Industry: Catalyst and Fuel for the Industrialization of Nigeria,” and is intended to showcase the various opportunities that exist in the Nigerian petroleum industry.
The event, which holds once in two years, is set to return to the NCDMB Conference Centre in Yenagoa, Bayelsa State from 17th May to 19th May 2023, after being held virtually in May 2021 so as to curtail the spread of the COVID-19 pandemic.
The Fair was introduced by the Executive Secretary of NCDMB, Mr. Simbi Wabote, and the inaugural edition was held at Uyo, Akwa Ibom State in 2017.
Since then, it has consistently showcased short to medium-term plans and activities of industry operators and project promoters in the upstream, midstream, and downstream sectors of the Nigerian Oil and Gas industry.
The NCDMB Chief Executive had earlier explained that the showcase of upcoming projects is intended to give Nigerian service companies a great opportunity to build relevant capacities that might be required to carry out the projects domestically, thereby creating employment opportunities.
He added that this is also to reassure stakeholders of the industry that opportunities still abound in the Nigerian oil and gas industry and also encourage them to look forward, as well as invest in the sector, despite concerns about energy transition and other emerging developments in the global oil and gas industry.
The event, which is managed by Jake Riley Limited, promises to have a greater impact in this year’s edition and the agenda would focus on industry linkages, as well as opportunities within the African continent.
NOGOF guarantees the showcase of opportunities that exist in the industry over the next three to five years, and presentations 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, and environmental, social, and government (ESG) among others.
The event will be attended by both government-owned and privately owned organizations from international and indigenous oil and gas companies.