By YANGE IKYAA
The Nigerian Content Development and Monitoring Board (NCDMB) on Monday started subsea system and FPSO training for the 40 firms that form the second batch of Project 100 companies.
Project 100 is an initiative of the NCDMB that identified 100 Nigerian oil and gas service providers and supported them through special interventions to facilitate their incubation, maturation, and growth into world-class service companies.
The oil service companies that make up the scheme possess capacities in 12 core service areas, and more than 200 technical service offerings. It was introduced as part of NCDMB’s mandate to develop capacity in the local supply chain for effective and efficient service delivery in the oil and gas industry.
Delivering his remarks at the kick-off ceremony, which was held in Port Harcourt, Rivers State, the Executive Secretary of the Board, Engr. Simbi Wabote, said the training was aimed at improving and upscaling their skills to enable them participate in offshore business activities of the oil and gas industry.
“As you are aware, most activities in the upstream section of the oil sector are now moving offshore and as service companies, you need to understand the technicalities and identify opportunities where you can participate,” he said.
Represented at the event by the General Manager, Capacity Building Division, NCDMB, Dr. Ama Ikuru, the Executive Secretary reiterated that the training was organized in furtherance of the goals of Project 100, one of which is to move the contractual capacities of the companies from N500 million to N1 billion in a year. He charged the participants to take the training seriously and make the best use of the programme to improve their lives and that of their establishments.
In his words, “our dream is to build companies that will take the opportunities in delivering services in offshore space and compete with the big multinationals. The Board believes in developing indigenous capacities to support the Nigerian oil and gas operations.”
