Speaking at the 5th Nigerian Oil and Gas Opportunity Fair, NOGOF, in Yenagoa, Bayelsa State, today, SNEPCo MD, Ronald Adams, said projects such as Bonga Southwest Aparo, Bonga North and Bonga Main Life extension could grow Nigerian businesses and improve their expertise if they applied themselves seriously to executing higher value contracts.

“SNEPCo pioneered Nigeria’s deepwater frontier with the Bonga development as the first deepwater oilfield exploration and production venture in the country,” Ron said in remarks which were delivered by Head Supply Chain, Charles Oranyeli.

“Our operations have greatly benefitted Nigerian businesses, and we expect them to get ready to take up more opportunities.”

Adams said Nigerian companies could upscale their skills and continue to offer services in logistics, drilling, fabrication and construction of subsea manifolds, mooring and loading systems, pressure vessels and provision of gas processing equipment in deep-water, as well as procurement and civil works in shallow water.

Since starting production at Bonga in 2005, SNEPCo has been supporting Nigerian contractors and service providers to grow their capacity through the development of systems and a competent workforce with the aim to deliver projects safely, on time and within budget not only in Nigeria but also in the West Arican subregion.

The efforts have enabled Nigerian companies to play prominent roles in the safe and efficient operations of the Bonga Floating, Production, Storage and Offloading, FPSO, vessel which produced the 1-billionth barrel of oil from the field on February 3, 2023.

Adams added: “SNEPCo sees Nigerian content development as a business driver and not a regulatory requirement and will continue to support our companies to lay even bigger roles in their support for oil and gas operations.”

The three-day NOGOF is being hosted by the Nigerian Content Development and Monitoring Board, NCDMB, with the theme: “Driving Investment and Production Growth: Shaping a Sustainable Future for Nigeria’s Oil and Gas Industry Through Indigenous Capacity Development.”

SNEPCo is among the sponsors of the event, and is hosting an exhibition, highlighting its contributions to the development of the Nigerian economy and communities.

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Scheduled for May 21, 2025, at the NCDMB Conference Hall in Yenagoa, Bayelsa State, the awards will recognise individuals and organisations that have demonstrated exceptional commitment to advancing Nigerian Content in 2024.

The ceremony will coincide with the Nigerian Oil and Gas Opportunity Fair, NOGOF, further spotlighting industry excellence and contributions to national economic transformation.

The 12 award categories are:

Nigerian Content Icon of the Year

Nigerian Content Lifetime Achievement Award

Nigerian Content International Upstream Operator of the Year

Nigerian Content Independent Upstream Operator of the Year

Nigerian Content Midstream Operator of the Year

Nigerian Content Downstream Operator of the Year

Nigerian Content International Service Company of the Year

Nigerian Content Indigenous Service Company of the Year

Nigerian Content Innovator of the Year

Nigerian Content Financial Services Provider of the Year

Nigerian Content Media Organisation of the Year

Women in Leadership Award for Promoting Gender Equality and Empowerment

Objective Evaluation Metrics Ensure Credibility

According to the NCDMB, the criteria for oil and gas operators will include key and empirical benchmarks like

– Production output (crude oil and gas volumes).

– Compliance with Nigerian Content Plans, NCPs, and Nigerian Content Compliance Certificates, NCCCs.

– Adherence to NOGICD Act reporting requirements, such as submission of Nigerian Content Performance Reports and Employment & Training Plans.

Similar criteria will apply to financial institutions, media organisations, and individuals, ensuring a transparent and merit-based selection process.

Winners for the Nigerian Content Icon of the Year, Innovator of the Year, and Women in Leadership Award will also be selected based on measurable performance indicators.

Advisory Committee of Industry Titans to Oversee Process

To uphold the awards’ prestige, an Advisory Committee of distinguished experts have been set up to oversee nominations and validate winners.

Members include:

Dr. Ernest Nwapa (Pioneer Executive Secretary, NCDMB).

Dr. Omar Farouk (Secretary General, African Petroleum Producers Organization).

Mr. Wole Akinyosoye (Former Zonal Operations Controller, DPR).

The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe emphasized that the awards aim to become the oil and gas sector’s equivalent of the Oscars, celebrating genuine impact rather than mere participation.

“This recognition is reserved for those who have gone beyond compliance to drive tangible growth in Nigerian Content,” he stated.

Event Details

Date: May 21, 2025

Time: 7:00 p.m.

Venue: NCDMB Conference Hall, Yenagoa.

With a focus on credibility, compliance, and measurable impact, the Champions of Nigerian Content Awards is poised to set a new standard for excellence in Nigeria’s energy sector.

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