Page 15 - DMEA Week 48 2022
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DMEA                                        NEWS IN BRIEF                                             DMEA


            business new europe       bne/IntelliNews




       The New products and Solutions include Sol-  take cognizance of new capabilities in-country  companies established between ConocoPhil-
       ewant SSPC and Paints products, Solewant/  by allowing contracting and procurement teams  lips and QatarEnergy to participate in the North
       SCOPEX Academy and Solewant’s made in  to visit these facilities to keep themselves abreast  Field East (NFE) and North Field South (NFS)
       Nigeria steel pipe.                 of latest developments in local content.  projects, and the buyer is a wholly owned sub-
         The unveiling ceremony was performed last   “I implore all stakeholders to continue to  sidiary of ConocoPhillips.
       week by the Executive Secretary of NCDMB,  position themselves for these opportunities by  First  delivery  is  expected  in  2026  to  the
       Simbi Kesiye Wabote and he described Sole-  investing in capabilities and forming tangible  recently announced German LNG Terminal at
       want Group as a champion of the Local Content  technical alliances and I want to re-assure SOL-  Brunsbüttel.
       policy.                             EWANT and other stakeholders in the industry   Saad Sherida Al-Kaabi, the Minister of State
         The Content Board chieftain was repre-  that NCDMB will continue to identify with your  for Energy Affairs, and President and CEO of
       sented by the Director, Monitoring and Eval-  growth and implement policies that protect your  QatarEnergy, and Ryan Lance, chairman and
       uation Directorate, Akintunde Adelana and  investments,” he said.        chief executive officer of ConocoPhillips, signed
       he expressed delight that Solewant is ready to   In his speech, the Managing Director of Sol-  the LNG sale and purchase agreements during
       showcase capacity and competence in their area  ewant Group, Solomon Ewanehi, said his com-  a special ceremony held at QatarEnergy’s head-
       of specialisation.                  pany is fully committed to complying with the  quarters in Doha in the presence of senior exec-
         “Solewant has shown what can be done in  provisions of the oil and gas industry policy as  utives from both companies.
       steel pipe production and pipe coating solutions  championed by NCDMB.     “QatarEnergy and ConocoPhillips are excited
       as shown in their plant. Their facility is number   He said Solewant is helping the country to  for the opportunity to responsibly and securely
       one. Confidence in ourselves is a major challenge  unlock its energy resources by increasing its pro-  supply world markets with LNG from the Qatari
       and Solewant believes it can do it. Today they are  duction capacity and integrating more Nigerians  expansion projects,” said Ryan Lance. “These
       doing it,” he said.                 in the supply chain.                 agreements will provide an attractive LNG
         He pointed out that vendors in the business   Ewanehi added that 95% of the raw materi-  offtake solution for our new joint ventures with
       of supplying equipment to the Nigerian Oil and  als in producing steel pipes are sourced locally,  QatarEnergy and position the joint ventures as
       Gas Industry must comply with the Board’s  noting that local production does not amount to  reliable sources of LNG supply into Europe.”
       Equipment Component Manufacturing Initi-  lowering quality or standards.   “This is the culmination of efforts between
       ative (ECMI) and obtain the Nigerian Content   NCDMB, December 1 2022    two trusted partners, QatarEnergy and Cono-
       Equipment Certificate (NCEC) issued by the                               coPhillips, over many years, to provide reliable
       Board.                                                                   and credible LNG supply solutions to customers
         He further disclosed that the Board houses  REFINING & FUELS           across the globe, and today, to German end-con-
       about 9,000 service companies registered in the                          sumers,” said Minister Al-Kaabi. “Germany is
       NOGIC-JQS offering diverse services including   ConocoPhillips and       the largest gas market in Europe, with significant
       Engineering, Fabrication, Procurement, Drilling                          demand in the industrial, power, and household
       services, Logistics, Exploration and Seismic ser-  QatarEnergy agree to   sectors, and we are committed to contribute to
       vices, Installation and Commissioning, Inspec-                           the energy security of Germany and Europe at
       tion and Testing, Project Management, Finance   provide reliable LNG     large.”
       and Insurance and many others as listed in the                             Through its joint ventures with QatarEn-
       Schedule of NOGICD Act (2010).      supply to Germany                    ergy, ConocoPhillips holds a 3.125% interest
         Adelana informed that the Board was deter-                             in the NFE project and a 6.25% interest in the
       mined to improve the patronage of in-country  ConocoPhillips and QatarEnergy today  NFS project. The company has agreed to termi-
       manufacturing facilities and had a policy on pro-  announced the signing of two agreements to  nal services for a 15-year period at the German
       curement of bare line pipes.        supply long-term liquefied natural gas (LNG)  LNG Terminal.
         He enjoined stakeholders of the industry to  to Germany. The suppliers are joint venture   ConocoPhillips, November 29 2022






























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