• Monday, July 15, 2024
businessday logo


Enabling local content partnerships as focus of the 2016 Offshore West Africa conference


The factors that will enable industrial partnerships with indigenous companies in Africa in response to local content legislation will be the focus of the 2016 edition of the Offshore West Africa conference and Exhibition billed to hold from January 2628 at The Eko Hotel & Suites, Victoria Island, Lagos.

The conference is owned by Penwell Corporation, a business media events and marketing communications company established in 1910 to serve global markets includes exhibitions for innovative products to the participants.

The organisation seeks to leverage the synergy between its magazine and tradeshows providing mutual brand support, combined marketing, package selling editorial contributions to conference content and quality and strategic market guidance.

In its 20th year, the West Africa Conference and Exhibition has become a prominent technical forum exclusively focused on West Africa’s offshore oil and gas market.

According to the event organisers, Offshore West Africa Conference and Exhibition remains the leading source of information on new technology and operating expertise for booming deepwater and subsea market, offering a unique platform to reach your target audience, with both a world class conference combined with the exhibition showcasing the latest technological developments.

The event has as key speakers Alexander K.M. Mould, Chief Executive Office Ghana National Petroleum Corporation, Ogbonnaya Onu, Nigeria’s Minister of Science & Technology and Oladotun Isiaka, General Manager, Deep Water Operations & Joint Interest Assets, Esso Exploration & Production, Nigeria.

Local Content Act became law in April 2010, conceived as an intervention by the Federal Government to provide opportunities for indigenous operators in the oil and gas sector. The act seeks to give Nigerian independent operators first consideration in the award of oil blocks, oil field licences and oil lifting licenses in contracts awarded in Nigeria’s oil and gas sector.

Offshore West African performs required analysis and in-depth financial, operational and commercial due diligence on foreign and local companies. This enables their clients to select the right companies to partner with, meet local content requirements and optimise project time, quality and cost objectives.