NCDMB commences subsea system training for 40 firms under 2nd batch of Project 100

The Nigerian Content Development and Monitoring Board (NCDMB) has started subsea system and FPSO training for the 40 firms that form the second batch of Project 100 companies.

Delivering his remark at the kick-off ceremony, which was held in Port Harcourt, Rivers State, the Executive Secretary of the Board, Engr. Simbi Wabote said the training was aimed at improving and upskilling their skill to enable them to participate in offshore activities of the oil and gas industry.

“As you are aware most activities in the upstream section of the oil sector are now moving offshore and as service companies, you need to understand the technicalities and identify opportunities where you can participate,” he said.

Represented at the event by General Manager, Capacity Building Division, NCDMB, Dr. Ama Ikuru the Executive Secretary reiterated that the training was organized in furtherance of the goals of Project 100, one of which is to move the capacities of the companies from N500m to N1 billion in a year.

He charged the participants to take the training seriously and make the best use of the programme to improve their lives and that of their establishments.

In his words, “our dream is to build companies that will take the opportunities in delivering services in offshore space and compete with the big multinationals. The Board believes in developing indigenous capacities to support the Nigerian oil and gas operations.”

Project 100 is an initiative of the NCDMB that identified 100 Nigerian oil and gas service providers and support them through special interventions to facilitate their incubation, maturation, and growth into world-class service companies.

The oil service companies that make up the scheme possess capacities in 12 core service areas, and more than 200 technical service offerings.

The programme was introduced as part of the NCDMB’s mandate to develop the capacity of the local supply chain for effective and efficient service delivery in the oil and gas industry.