The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has charged International Operating Oil and Gas Companies to emulate Total Exploration and Production Company (Total E&P) in sponsoring new projects and stop being deterred by the delayed passage of the Petroleum Industry Bill (PIB).
The Executive Secretary (NCDMB) gave the charge while receiving the Managing Director of Total E&P, Mr. Mike Sangster, at the Nigerian Content Tower, headquarters of the NCDMB in Yenagoa, Bayelsa State. He commended the MD for his emergence as the chairman of the Oil Producers Trade Section (OPTS) – the umbrella body of major oil producers, and expressed confidence in the determination of the 9th National Assembly to pass the PIB after it had been delayed for over 15 years.
Wabote encouraged other IOCs to forge ahead with their new projects, adding that new projects were needed to grow Local Content and create work opportunities for local fabrication and manufacturing yards, many of which have been idle since the conclusion of the Total’s Egina deep water project in 2018. He also charged Total E&P to lend its full support to the ongoing NLNG Train 7 project, adding that the project held great prospects for the local oil and gas industry and host communities.
The Executive Secretary also noted that the Board has made significant progress with the development of Nigerian Oil and Gas Parks Scheme in Bayelsa and Cross River states and requested the operating companies to encourage their key suppliers to set up manufacturing shops in the NOGAPS sites as they become operational by the end of 2022.
The Total MD had remarked earlier that the company had operated in Nigeria for 60 years and is the only IOC that operates in the upstream, midstream and downstream sectors of the Nigerian oil and gas industry.