PETAN to Lead Discussion at African Local Content Roundtable
By Ndubuisi Micheal Obineme
Petroleum Technology Association of Nigeria (PETAN) Chairman, Mr Nicolas Odinuwe will be representing indigenous oil and gas service companies at the maiden edition of the African Local Content Roundtable, a Pan-African engagement of critical stakeholders in the African oil and gas industry to institutionalise a peer review mechanism on local content as a key development imperative for the domestication and sustainable growth of Africa’s hydrocarbon resources.
The roundtable, hosted by the Nigerian Content Development and Monitoring Board (NCDMB), in collaboration with the African Petroleum Producers Organization APPO, holds on 4th – 5th June 2021, at the Nigerian Content Tower, Yenagoa, Bayelsa state, will have Nigeria’s Honorable Minister of State for Petroleum Resources, Chief Timipre Sylva as Special Guest of Honour and the Secretary-General of the African Petroleum Producers Organisation (APPO), Dr, Omar Farouk Ibrahim as Guest of Honour.
Discussions will focus on the evaluation of regulatory models for the governance, funding and monitoring of Local Content implementation in frontline economies, laying a solid foundation for the design of an African Local Content programme to maximise economic benefits from the implementation of the African Continental Free Trade Agreement (AfCFTA) in the hydrocarbon value chain and data sharing on capacities that exist around skills, infrastructure, facilities, assets and funding for exploration, field development and production activities in Africa.
Recall that PETAN spearheaded a steering committee at its recently concluded Sub African International Petroleum Exhibition and Conference (SAIPEC) 2021 following passionate calls for regional collaboration and deepening of local content by stakeholders across Africa.
The Chairman of PETAN, Mr Nicolas Odinuwe, has said that PETAN is willing to collaborate and invest in opportunities across the entire value chain of the oil and gas industry in Africa.
Petroleum Technology Association of Nigeria (PETAN) is a leading organisation that represents oilfield services and technology companies operating upstream through downstream projects in the Nigerian oil and gas industry.
PETAN is also a leader in the promotion of innovative engineering and creative solutions, that help advance the petroleum industry both nationally and regionally. The group was established to bring together Nigerian Oil & Gas entrepreneurs to create a forum for the exchange of ideas with the major operators and policymakers.
PETAN companies have particular expertise and experience in well engineering, drilling and completions, fabrication and construction, EPC, pipelines and facilities such as laying, coatings, repairs, production operations such as well testing, EPF, O&M, well services such as wireline, slickline, pumping, CT, marine vessels, ROV technology and subsea services, seismic acquisition, process and interpretation and much more.