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Bayelsa set for Oil & Gas Opportunity Fair

Isaac Ombe, Yenagoa

All is set for the Nigerian Content Development and Monitoring Board (NCDMB) to organise the 4th edition of the Nigerian Oil and Gas Opportunity Fair (NOGOF).

With the theme, ‘The Oil & Gas Industry – Catalyst and Fuel for the Industrialisation of Nigeria,’ the fair will take place at NCDMB headquarters, in Yenagoa between the 17th to 19th May 2023.

The event, which is biennial in nature, was last held in May 2021 visually in a bid to curtail the spread of COVID-19 pandemic. This year’s fair will’ however’ be held physically NCDMB Corporate headquarters in Yenagoa and would showcase the various opportunities that exist in the Nigerian oil and gas industry.

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A statement from the Corporate Communications Department stated that the  event which was introduced by the Engr. Simbi Kesiye Wabote-led NCDMB in 2017, with the inaugural edition held at Uyo, Akwa Ibom State, has consistently showcased short to medium term plans and activities of operators and project promoters in the upstream, midstream, and downstream sectors of the Nigerian Oil and Gas industry.

Engr. Wabote had previously explained that the showcase of upcoming projects is intended to give Nigerian service companies ample opportunity to build relevant capacities that might be required to execute the projects in-country, thereby creating employment opportunities, and retaining spend in-country.

The goal, he added, is also to reassure stakeholders of the industry that opportunities still abound in the Nigerian oil and gas industry and encourage them to look forward and 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 Ltd, promises to have a greater impact this year as the agenda would focus on industry linkages as well as opportunities within the African continent as it is expected to showcase opportunities that exist in the industry over the next three to five years and presentation will be made by over 20 international and indigenous oil and gas companies.

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Some topics for discussion at NOGOF 2023 will include upstream opportunities, linkage industry opportunities, gas and downstream opportunities, financing and investment, environmental, social and government (ESG) and sustainable and regional opportunities with members of the African Petroleum Producers Organisation (APPO).

Other topics will include topical and challenging issues currently facing the oil and gas industry, with the goal of finding lasting solutions in the industry.

The event will be attended by both government and private organisations, which would come from international and indigenous oil and gas companies, federal government agencies, financial sector and linkage industries.

It will kick-off with registration of guests on the 17th May, and the day will close with a networking cocktail, while the second day will feature the opening ceremony and speeches, goodwill messages and addresses from leaders of the industry and the host, Governor Douye Diri.

The event will continue with presentations from operating companies, international finance institutions, key players in the industry and relevant government institutions.as  delegates will be entertained with performances from  a list of  musicians at the gala and award night that would hold in the evening of Thursday, 18th May, as it  would be rounded up Friday evening with presentations, technical and opportunity sessions and  activities like exhibitions and opportunities for meetings by interested companies and individuals.