Local Content: Key To Unlocking Africa’s True Potential – Nigerian Govt

Africa’s energy destiny hinges on the ability to harness its natural resources, empower the people, and lay the foundation for long-term, sustainable development The Minister of state for Petroleum Resources (Oil) Senator Heineken Lokpobiri, stated this while delivering a keynote address in Lagos at Sub-saharan African International Conference and Exhibition, SAIPEC 2025, with the Theme: “Building Africa’s Future: Advancing Local Content and Sustainable Development in the Oil and Gas Industry.” According to him, “Local content is no longer a luxury; it is the key to unlocking Africa’s true potential. By…

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PETAN Proposes 1.5 Billion Dollars in-contract Awards To Indigenous Firms

The Petroleum Technology Association of Nigeria, PETAN, wants a review of in- contract awards on Shell’s Bonga North Project to indigenous Companies Petan’s Chairman, Engr Wole Ogunsanya, made the Association’s position known in a keynote address at the on-going Sub-Saharan Africa International Conference and Exhibition (SAIPEC) in Lagos, with the theme ‘Building Africa’s Future: Advancing Local Content and Sustainable Development in the Oil & Gas Industry’. Engr. Ogunsanya, who expressed optimism about several Final Investment Decisions (FID) recently signed in Nigeria, emphasised the vital role of indigenous companies. “Our members…

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