• Thursday, April 25, 2024
businessday logo

BusinessDay

“Local Content Policy Has Created Several Benefits for Indigenous Firms” – Innocent I. Akuvue

“Local Content Policy Has Created Several Benefits for Indigenous Firms” – Innocent I. Akuvue

G.G.I International (Nigeria) Limited is a Limited Liability Company incorporated in 1991 as a reputable Engineering, Production, Procurement and Services Company. GGI operates from its headquarters in Port Harcourt, Rivers State, with liaison offices in Lagos and Eket, Akwa Ibom State.

With active participation in the Oil & Gas Industry of Nigeria, and as a proudly 100% Nigerian-owned and operated company with Global Spirit, GGI has grown over the years offering the following to her growing list of clientele: Blending/Production of Various Customer-Specific Production & Water Treatment Chemicals; Oilfield Specialty Chemicals & Services (Scale Control & Flow Assurance, Separations Technology, Asset Integrity Management, Production Enhancement); Production & Drilling Chemicals Supply; Laboratory Reagents & Equipment Supply; Corrosion & Allied Services; Maintenance/Engineering Services, etc.

GGI Int’l is a 100% Nigerian Company, can you share some of the successes recorded since inception?

GGI has grown in great leaps and bounds with major landmark achievements in her service delivery, promptly and satisfactorily completing major projects for the foremost E&P companies such as Shell Nigeria Exploration & Production Company (in liaison with Baker Hughes Company Ltd), Nigerian Agip Oil Company, Total E&P Nigeria Ltd, Esso Exploration and Production Nigeria Limited, Mobil Producing Nigeria Unlimited, Chevron Nigeria Ltd; and others such as Baker Hughes Company Ltd, Halliburton Energy Services Ltd, Port Harcourt Refining Company Ltd, Nigeria Liquefied Natural Gas Ltd, MoniPulo Petroleum Development Ltd etc.

As an Engineering Company, GGI has in the past successfully executed projects like Pipeline/Flow line Repairs and Installations, Process and Hydrant Tank Repairs and Rehabilitation, Facility Upgrade & Mechanical Modification. Various tailor-made quality chemical products from our Production/Blending Plant have satisfactorily provided adequate solutions to our esteemed customers’ chemical needs. Also, backed up by the technical expertise of our partner, we currently run a well￾designed chemical treatment program for some of our clients.

With our well-trained & very dedicated 100% local workforce, we have been able to achieve these feats, while looking forward to many more.

What can you say about the Local Content Policy and the impact on GGI?

There is no gainsaying the fact that the Local Content Policy of the Federal Government of Nigeria, being an economic policy, has created several benefits and advantages for indigenous or local companies operating in the Petroleum Industry. For an instance, in line with our campaign to encourage and promote indigenous capacity participation and development, as well as provide quality products while observing international best practices, we own & operate a state-of-the-art multi￾functional Production/Blending Plant in our facility. Consequently, we presently produce/blend chemical products in-country for the Petroleum Industry.

In addition, we own a well-equipped modern laboratory designed for in-country analysis of produced water and oil-based samples; as well as Quality Assurance & Control checks on chemical products both procured and produced in-country in our plant.

Furthermore, the opportunity exists for us to actively participate in various tenders in the Industry as an indigenous company. We have been successful in many, wherein we suitably executed the required services and have others running currently.

Consequently, this enables us to contribute towards the growth of the Nigerian economy via value addition, job opportunities through the utilization of local materials and services and engagement of local manpower.

Do you think the Nigerian Content Devt and Monitoring Board, NCDMB, has really

done enough to promote the Local Content Policy?

The Nigerian Content Development and Monitoring Board (NCDMB) which is charged with the responsibility to make procedure that will guide, monitor, coordinate and implement the provisions of the Local Content Act (NOGIC 2010), has in recent time done well to achieve this objective. Several seminars, conferences, exhibitions, workshops have been organized to create considerable awareness of the Policy as well as assess the level of participation or otherwise compliance of the various key stakeholders in the Industry. These frequent engagements between the Board and the Industry Players have greatly encouraged wider consultations, information sharing, corporate collaborations and lots more, thereby fostering the Local Content Policy.

However, a lot more need to be done by the Board to ensure that the Local Content Policy is properly promoted for all to benefit from the gains thereof.

What is GGI relationship with government agencies in the Oil and Gas industry?

GGI International Nigeria Ltd, as a very responsible player in the Petroleum Industry has maintained excellent cordial relationships with various government agencies in the Industry. The likes of DPR, NAFDAC, NCDMB, NACBWC (National Authority on Chemical & Biological Weapons Convention), and several others have good records of our activities. We always endeavour to attend the various seminars and workshops organized by them to keep abreast with the newest regulations and requirements to remain relevant in the Industry. We regularly ensure that we obtain the latest permits issued by them to operate.

GGI is a member of Petroleum Technology Association of Nigeria, PETAN, can you tell us some of it’s benefits to the Nigerian economy?

Petroleum Technology Association of Nigeria (PETAN) is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream sectors of the Petroleum Industry. The association was formed to bring together Nigerian Oil & Gas entrepreneurs to create a forum for the exchange of ideas with the major operators and policymakers.

PETAN educates and advises the Government and its agencies on developments in the Oilfield Services Sector of the Nigerian economy.

PETAN, being the initiator of Local Content in Nigeria has been championing the quest for increased local participation in the Nigerian Oil and Gas Industry. PETAN has been giving opportunities to Nigerian companies to showcase themselves in international conferences and exhibitions such as the OTC (Offshore Technology Conference), NOG (Nigeria Oil and Gas Conference & Exhibition), etc.

PETAN companies and their contractors employ over 20,000 Nigerians of which over 60% are graduates. This has a beneficial effect on the economy through use of local inputs, growth of local expertise and know-how.

What are the projections for the next 5 years?

As a Nigerian company with Global Spirit, our future vision is to become a strong and viable global brand as we engage actively and purposefully in the Oil & Gas sector of the Nigerian economy, using the best available and cost-effective innovative products/services to achieve this set goal.

With our recent interest in the Drilling and Completion Fluids & Services business, we hope to continue to add value to the businesses of the Industry Operators, by providing best-in-class products and services ideally tailored to their operations, while maintaining quality, health, safety and environmental standards.