Afternoon meeting: 14:30 - 17:00
With Executive Director Business Development Jide Jadesimi from LADOL (Lagos Deep Offshore Logistics Base).
For partners. Non-partners may request admission.
INTSOK, in cooperation with the Royal Norwegian Embassy in Abuja and the Nigerian - Norwegian Chamber of Commerce, hosted a Fact Finding mission to Lagos in October 2016.
Network meeting for INTSOK partners and other interested companies.
President Muhammadu Buhari has approved the immediate unbundling of NNPC into seven independent operational units.
Five of the seven operational units will be strictly business-focused in line with global best practices of national oil companies.
New units are Upstream, Downstream, Gas & Power, Refineries, Ventures, Corporate Planning & Services and Finance and Accounts.
1. President Buhari is controlling the oil sector
2. They key ministers in his government
3. The government is spending and borrowing more
4. Maintaining production of oil and gas is a challenge
5. Nigeria’s deepwater projects – a status report
6. Natural gas development are important for the President
7. Nigerian Content policies under the new leadership
Nigerian President Muhammadu Buhari has initiated a massive restructuring of the Nigerian National Petroleum Corporation (NNPC), firing all managing directors and appointing a new management to transform NNPC in a more commercial direction. The President has removed the regulatory functions from the new NNPC and a new regulatory body will be established.
This presentation, by INTSOK Special Advisor Willy Olsen, looks at who will head the 'new' NNPC, the new policies and challenges, both for NNPC and Nigeria as a whole.
1. Nigeria has elected a veteran as president
2. What influenced the voters and the challenges for the new president?
3. A new president who was involved in military coups
4. Candidates for key government positions
5. The President has to face new oil challenges
6. Lower oil price – less money to spend
7. He wants more transparency and accountability
Some Reflections on Market Entry into Nigeria.
Be aware that the first two pages have content in Norwegian.
This report is based on the 2015 Annual Offshore Market Report by Rystad Energy.
2016 Revision and compilation by INTSOK.
All data and figures by Rystad Energy.
Nigeria is ripe for investment, long term investment. It has a huge domestic market, an aggressive private sector, and a reasonably well educated labour force.
The report is prepared by Strachan Partners, a full-service commercial law firm.
Strachan Partners is a leading Nigerian commercial law firm offering an array of legal services in support of its local and international based clientèle, which ranges from local and national corporations to foreign international undertakings and foreign governmental organizations. The firm maintains offices in Lagos - Nigeria’s commercial hub and Abuja - the capital city of Nigeria.
A comprehensive forecast for trends and developments in oil and gas industry in Nigeria with focus on expenditure forecasts in offshore and onshore segments, covering the period 2015-2018.
The report is prepared exclusively for INTSOK by Rystad Energy.
Profiling of 5 EFCN Fabricators in Nigeria.