Chevron’s Agbami FPSO
Chevron, Nigeria LNG Limited, Total, ExxonMobil are among the list of top industry players that will exhibit at the forthcoming Nigeria International Petroleum Summit (NIPS) to be hosted in Abuja by the Federal Ministry of Petroleum Resources from 19 – 23 February 2018.
Other industry exhibitors at the event include Addax, Oil & Gas Free Zone Authority, Baker Hughes, NIPCO, Seplat, Lekoil amongst others.
In a new media chat with stakeholders and industry players, Dr. Folasade Yemi-Esan, Permanent Secretary, Federal Ministry of Petroleum Resources, said that “the oil and gas sector has faced several challenges in the recent past. Nigeria being Africa’s largest producer and its economic powerhouse took a position to lead Africa’s response to these challenges”, which explains the broad vision for hosting the summit.
“There will be a session at NIPS that will focus on tangible steps for delivering sustainable and equitable socio-economic improvement through industrial diversification. We will be having key policy shapers drawn from National Assembly.’’
The Permanent Secretary noted that all advertised speakers have confirmed their attendance.
She stated that” Aliko Dangote, President, Dangote Group; Tony Elumelu, OFR, the Chairman, UBA Plc /Founder of The Tony Elumelu Foundation will join other outstanding personalities in business, finance and the economy as our Special Guest and Speaker at the Federal Government of Nigeria’s officially endorsed oil and gas event, Nigeria International Petroleum Summit (NIPS), an African Petroleum Technology and Business Conference (APTC) scheduled for Abuja from 19th -23rd February 2018.
‘’Confirmed international guests include Seyed Mohammad Hossein Adeli, Secretary-General, Gas Exporting Countries Forum (GECF), Sun Xiansheng, Secretary-General, International Energy Forum (IEF) and Mohammad SanusiBarkindo, Secretary-General, Organisation of Petroleum Exporting Countries (OPEC)
‘’The summit will be declared open by H.E. Muhammadu Buhari GCFR, President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria on Monday 19th February 2018.
A major feature of this summit is the Honourable Minister of State for Petroleum’s Session with the sub-theme – The 7 Big Wins: Short and Medium Term Priorities to Grow Nigeria’s Oil & Gas Industry (2015-2019) taking place on Tuesday 20th February as open discussions on how oil and gas sector should respond dynamically to reposition the national economy, ramp up production, reduce costs, foster efficiency and to boost the non-oil contribution to export earnings and government revenue.
‘’The panelists which include OsagieOkunbor, Chairman, LCCI-OPTS/Chairman, Shell Companies in Nigeria, ChikezieNwosu, Chairman, SPE Nigeria Council/ Director (Technical),Addax Petroleum Development Co. Ltd, LayiFatona, Managing Director, Niger Delta Petroleum Development Co. Ltd and Engr. (Mrs.) OluMaduka, President, The Nigerian Academy of Engineering, will identify next steps to take in moving forward with Strategic Adaptation to Environmental Shocks, Turbulence and Radical Institutional change.
‘’Other expected Speakers here include Nicolas Terraz , Managing Director/Chief Executive; Total E&P Nigeria Ltd. (TEPNG); Paul McGrath, Chairman/ Managing Director; Mobil Producing Nigeria Unlimited, Jeffrey W. Ewing, Chairman/Managing Director; Chevron Nigeria Limited, BayoOjulari, Managing Director, Shell Nigeria Exploration & Production Co.Ltd (SNEPCo), Razaq Isa, Chairman/CE, WaltersmithPetroman Oil Ltd, DemolaAdeyemi-Bero, Managing Director, First Exploration & Petroleum Development Co. Ltd, OlalekanAkinyanmi, Chief Executive Officer; LEKOIL Limited, AdewaleTinubu, Group Chief Executive Officer, Oando Plc with Mr. Austin Avuru, Managing Director, SEPLAT Petroleum Development Co. Plc moderating.’’