Page 17 - AfrOil Week 06 2023

AfrOil NEWS IN BRIEF AfrOil

The Nigerian Oil and Gas Industry Content
Development (NOGICD) Act, 2010, whose key
objective is to systematically grow in-country
value addition through development of local
capacity and capabilities and by stipulating ade-
quate utilisation of local assets, was examined in
detail alongside the Community Content Guide-
line which, as General Manager, Corporate
Communications/Zonal Co-ordination, Ginah
O. Ginah, explained, “seeks to integrate host
communities into the oil and gas value chain.”
“The oil- and gas-producing communities,”
he emphasised, “should participate to the level
of their capacity,” and are assured of maximum
support by way of funding and training pro-
grammes by the NCDMB. He explained that the
Nigerian Content Development Fund (NCDF)
was specifically established by the Board to help
indigenous companies and local contractors,
and is behind the successes of many indigenous
entrepreneurs in the industry.
Expatiating further on the Community Con-
tent Guideline, the Corporate Communications
boss said oil and gas companies are required
“to have project offices in host communities to
service operational areas” and that all unskilled
jobs should be reserved for indigenes of host
communities.”
Some 50% of semi-skilled job roles and 10%
of skilled jobs – engineers, pipefitters, welders for the enlightenment programme, stating that Islands with corporate headquarters in Dubai,
and related jobs – are also to be filled by host they had known little of the opportunities for United Arab Emirates. The company is listed on
communities. Even in procurement of consum- entrepreneurship and skills acquisition that were the Oslo Stock Exchange.
ables, catering and labour, indigenes have to be provided in the presentations. They promised to Shelf Drilling, 09 February 2023
given first consideration, he added, while infrac- take advantage of the knowledge and facts given.
tions by oil and gas companies could be reported NCDMB, 05 February 2023 PetroNor E&P confirms
to the NCDMB for necessary action.
Ginah challenged the youth to prepare them- first sale of PNGF Sud
selves by acquiring technical skills for employ- PROJECTS & COMPANIES
ment opportunities that are springing up as a oil for 2023
result of several companies attracted to Bayelsa Shelf Drilling secures
State by the NCDMB. These include Brass Atlan- PetroNor E&P has confirmed that 317,904 bar-
tic Refinery in Brass Local Government Area, contract extension on rels were lifted from the Djeno Terminal at the
Azikel Refinery, Gbarain, Yenagoa Local Gov- start of this week. (An amount equivalent to 40%
ernment Area, Rungas Cylinder Manufacturing Rig 141 in Egypt of the total barrels lifted during 2022.)
Plant at Polaku; Eraskon Nigeria Limited, a lubri- The Company will update the market once
cating oils blending facility based in Gbarain; Shelf Drilling has secured a one-year contract the realised selling price is confirmed, which will
Brass Fertiliser Plant, and Brass Shipyard. extension for the Rig 141 jack-up rig in direct be based on the average spot price for a five-day
In regard to vocational training and skills continuation of its current term with Gemsa period after the lifting and adjusted for a crude
acquisition, NCDMB’s Deputy Manager, Human Petroleum Company for operations in the Gulf price discount to Brent and lifting costs.
Capital Development, Augustine Timbiri, high- of Suez offshore Egypt. Following this extension, About PetroNor E&P ASA: PetroNor E&P
lighted the many opportunities the Board has the expected availability of the rig is February ASA is an Africa-focused independent oil and
made available to youths in Bayelsa State and 2024. gas exploration and production company listed
across the entire Niger Delta. These, he pointed About Shelf Drilling: Shelf Drilling is a lead- on Oslo Børs with the ticker PNOR. PetroNor
out, were in line with objectives of the Human ing international shallow-water offshore drilling E&P ASA holds exploration and production
Capital Development (HCD) to build local contractor with rig operations across Middle assets offshore West Africa, specifically the
capacities and capabilities to promote value East, Southeast Asia, India, West Africa, Med- PNGF Sud licenses in Congo Brazzaville, the
addition. He said the Board seeks to “Develop a iterranean and North Sea. Shelf Drilling was A4 license in The Gambia, the Sinapa (Block 2)
pool of skilled and competent workforce for the founded in 2012 and has established itself as a and Esperança (Blocks 4A and 5A) licenses in
oil and gas industry and its service sector.” leader within its industry through its fit-for- Guinea-Bissau, the Rufisque Offshore Profond
As the workshop came to a close, the youth purpose strategy and close working relation- and Senegal Offshore Sud Profond in Senegal (in
expressed profound appreciation to the NCDMB ship with industry leading clients. The company arbitration) and OML-113 in Nigeria.
for taking the initiative to visit their community is incorporated under the laws of the Cayman PetroNor E&P, 08 February 2023

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