Local oil and gas operators increased from 53 in 2018 to 114 in 2023 — NCDMB

The Nigerian Content Development and Monitoring Board (NCDMB) has revealed that the local oil and gas operators increased from 53 in 2018 to 114 in 2023.

Speaking during the ongoing Practical Nigerian Content Forum held in Bayelsa state, erstwhile Executive Secretary of the NCDMB, Engr. Simbi Kesiye Wabote said that according to data from the NOGIC-JQS, there has been significant growth in registered indigenous industry operators.

“These operators increased from 53 in 2018 to 114 in 2023. Similarly, indigenous service companies went up from 8,000 to 11,000 during this same period. Additionally, individual registrations rose substantially from 140,000 to almost 400,000.”

During the forum, the NCDMB also reported progress on the development of eight industrial parks meant to support the manufacturing and assembly of equipment and materials for the industry.

Among these, the Nigerian Oil and Gas Park Scheme (NOGaPS) at Emeyal-1 in Bayelsa State, and a similar Park in Odukpani in Cross River State, are scheduled for commissioning in the first half of 2024.