May 25, 2024

NCDMB, Bayelsa govt. to host 12th PCN forum, convene oil & gas Ministers, industry players in Dec. 4

Oredola Adeola

The Nigerian Content Development and Monitoring Board (NCDMB) and the Bayelsa state government are set to host the 12th Practical Nigerian Content (PNC) Forum from December 4 to 7, 2023, in Yenagoa, Bayelsa, bringing together oil and gas industry leaders and policymakers.


This was disclosed in a statement obtained by EnergyDay on Sunday.



According to NCDMB, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri and his Gas counterpart, Hon. Ekperikpo Ekpo would lead other big wigs of the oil and gas industry heading to Yenagoa for one of the biggest events in the calendar of the oil and gas industry.



“The Ministers are expected to deliver ministerial addresses and to show the direction of the Federal Government’s thinking concerning Nigerian Content and investment strategies.



“The key subjects for the panel sessions centre around “Providing an Enabling Environment for Investment in the Energy Sector,” “Opportunities in Decarbonisation and Domestic Gas Utilization,” “Deepening Nigerian Content in the Manufacturing Sector,” and “Financing a Thriving Midstream Sector for Socioeconomic Development,” and Sustainable Framework for Human Capacity Development.” Presentations on R&D Success Stories are also expected.



In addition to the expansive exhibition, the PNC Forum affords prospective investors and clients as well as fund managers an interactive platform with key Federal Government officials overseeing the oil and gas sector, key industry operators and service providers, and chief executives of the regulatory agencies.



“Among the industry players, a major activity is the evaluation of their performances in local content practice, and the consideration of appropriate adjustments aimed at better results.



“To be showcased are opportunities for collaboration and partnership between the public sector and private business interests and between the private sector and academia; also, emerging opportunities from divestments by IOCs and the decarbonisation drive in the industry,” the statement stated.



EnergyDay gathered that the PNC is hosted by the NCDMB in partnership with DMG Events and Bayelsa State Government.