Data Accuracy Key To Harnessing Africa’s Natural Resource Wealth – Oilserv CEO

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The president and radical CEO of Oilserv Group, Dr Emeka Okwuosa, has reiterated the request for cross-border collaboration and information accuracy arsenic tools successful unlocking the prosperity of Nigeria and different African countries successful Natural Resources.

Speaking astatine a Local Content Plenary Session co-hosted by the Nigerian Content Development and Monitoring Board (NCDMB) and the Ghana Petroleum Commission, themed “Cross-border Projects and Knowledge Exchange,”  during the conscionable concluded AOW Energy Week, Accra, Ghana, helium opted for visa regularisation relaxation for professionals.

Okwuosa, who was represented by managing manager of Frazimex Engineering Limited, Engr. Chuka Eze, stated that “First, determination is simply a request to  recognize the value of continental synergy, arsenic Africa’s existent prosperity lies successful its quality to enactment arsenic one, sharing expertise, infrastructure, and ambition to thrust corporate growth.”

He stressed that continental synergy is not conscionable important but indispensable, allowing nations to pat into existing expertise and proven method capabilities alternatively than “reinvent the wheel.”

“Given the operational complexities of the upstream sector, determination is simply a request for African countries to larn from those who person already mastered the process, leveraging their cognition to extract resources efficiently and sustainably. For Oilserv’s practice crossed the full lipid and state worth chain, opening with upstream improvement is the cardinal to unlocking shared prosperity and solving Africa’s challenges the African way.

“I americium calling for unity and innovation that animate the audience, envisioning an Africa that harnesses its ain resources, expertise, and partnerships to powerfulness a brighter, self-defined vigor future.”

Okwuosa highlighted the captious request for close and accessible data, noting that dependable decisions and omniscient investments beryllium connected reliable accusation that gives investors and policymakers the assurance to enactment boldly.

He pointed to the NCDMB’s initiatives—such arsenic the Nigerian Oil and Gas Opportunity Fair (NOGOF) and the Service Providers Qualification System—as examples of however transparent platforms tin span accusation gaps, enabling indigenous firms to expect projects and presumption for partnerships. In his words, specified registries and databases service arsenic the “infrastructure of trust,” reducing asymmetries that often exclude section firms portion giving operators assurance successful indigenous capacity.

“That qualification database; a curated, competency-based registry, gives operators assurance that they tin root fit-for-purpose indigenous contractors, and it reduces accusation asymmetries that often artifact section information He added that backstage and quasi-industry bodies specified arsenic PETAN (Petroleum Technology Association of Nigeria) and the emerging African Partner Pool (championed by Ibrahima Talla) physique connected that instauration by creating sectoral seals of prime and continent-wide accidental listings. Taken together, these platforms are the infrastructure of trust: searchable records, periodic assessments, and a disposable pipeline of work.”

He added that Oilserv’s occurrence communicative is emblematic of however deliberate capableness improvement and persistence tin output continental impact. “What began with humble section contracts; ‘refurbishing of swimming pool,’ has matured into a three-decade travel that positions Oilserv arsenic a trusted Engineering, Procurement and Construction (EPC) contractor crossed aggregate African markets. Today, Oilserv operates crossed Nigeria, Benin, Ghana, Togo and Uganda, providing a exemplary for however indigenous firms tin standard technically and geographically.

“The value of Oilserv’s footprint goes beyond institution growth. Each task delivers nonstop economical value, infrastructure that raises home vigor security, portion generating secondary impacts: section jobs, skills transfer, supply-chain improvement and structured postgraduate grooming that links young engineers to large, analyzable projects. These outcomes embody the NCDMB’s mandate: alteration section contented into existent competence and commercialized opportunity.”

He noted that Frazimex plays the complementary method role: engineering plan and task explanation that marque ample projects buildable and bankable. Two flagship projects discussed astatine the plenary exemplify the point, which are “the Obiafu–Obrikom–Oben (OB3) Gas Infrastructure, as  Frazimex executed the engineering plan for a pipeline and state attraction analyzable that includes a 48-inch X 128km pipeline and a 2bscf/day attraction works configured successful 4 trains (each rated 500mscf).

“Oilserv executed procurement and construction; the strategy is present delivering substantive volumes of state (above 300mscf astatine the clip o...

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