FG To Unveil New Plans For Oil And Gas Industry At NOG 2017

 

kachikwu-ibe
Yemisi Izuora

The Minister of State for Petroleum Resources, Ibe Kachikwu will deliver the official ministerial address at the 16th edition of the Nigeria Oil and Gas Conference and Exhibition (NOG) in Abuja, the organisers of the event, CWC Group has revealed.

According to some oil and gas industry players, the Minister’s participation at the event is highly anticipated as they seek Federal Government’s intervention in the face of global challenges.

The price of crude has dropped to record levels forcing many in the industry to cancel or suspend key projects and investments as well as record significant numbers in job losses.

NOG2017 will serve as the platform for the government to showcase the direction in which they are taking the oil and gas industry in the years to come.

Commenting on this edition of NOG, Dr. Alirio Parra, former Minister of Mines and Energy, Venezuela and Member of the Board of Directors, CWC Group said: “NOG now in its 16th year has become an extraordinary event in the Nigerian and international energy calendars.

It brings together policy makers, operating oil companies, technology innovators and local manufacturers in an open and free discussion and debate that has the potential for developing new strategies for growth and investment”.

Alongside, Kachikwu, other high level government officials who will be participating in the four-day event include other Ministers of the Federal Republic, senators, senior government representatives from the Ministry of Petroleum Resources and NNPC and its subsidiaries.

Also participating will be leaders and top management of international oil companies, independent producers, international and indigenous service providers and industry associations.

In addition to the participation of who-is-who in the oil and gas industry, CWC said the event will provide unrivalled networking opportunities, bringing the entire value chain under one roof and connecting participants to the right people in order to add value to their businesses.

According to the programme of events, the first session tagged How Will New Legislation & Policy Develop to Transform the Oil & Gas Industry? will focus on issues such as the policies needed to enhance the Nigerian oil and gas industry’s competitive edge, the changes in legislation and policy that industry players want to see, as well as how the government is interacting with the industry to develop policies among others.

Taking place from 27 February-2 March 2017 at the ICC, Abuja, NOG brings together the best of oil and gas industry professionals, investors, governments, financiers and others from across the globe.

For more than one and a half decades, NOG has been developed in partnership with the Ministry of Petroleum Resources and NNPC.

The last edition of NOG attracted over 250 companies showcasing the latest technology and services in oil and gas industry with about 6000 visiting from various parts of the world.

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