Stakeholders in the oil and gas sector would be deliberating on the future of Nigeria’s oil and gas development at the West Africa Oil & Gas Security Summit scheduled to hold in Lagos.
The highly regarded West Africa Oil & Gas Security Summit is organised by Global Summits organiser, IRN.
Experts believes that the oil and gas industry in West Africa offers exciting investment opportunities to the industry globally and Nigeria is the largest oil producer in Africa and the 11th largest in the world while the Jubilee field off Ghana in 2007 was the largest find of the entire decade.
However, the security situation in parts of Nigeria remains precarious with the seemingly intractable Boko Haram insurgency in the North-East, presidential elections, and continued huge levels of oil theft holding back further development in Nigeria and some other West African oil producing states. Maritime security in the region is also a big concern for the African states and the international community with the resurgence of pirate attacks in African waters.
The event will gather over 100 senior level delegates from more than 12 different countries.
Whilst oil theft in Nigeria is at its highest levels in five years and the security situation in the region is tense, the Summit hosted by Global Summits organiser, IRN, will provide attendees with the ideal setting to hear about all the latest methods, strategies, technologies and services a company can deploy when protecting the team and infrastructure, and allow the security team to balance the cost of services with their real security needs.
Last year, the inaugural edition of the Summit gathered security experts from across Nigeria and the wider West Africa region for the first time.
By Yemisi Izuora