Following the presidential directive to include local actors in the oil and gas sector to increase production of petroleum products, stakeholders are not resting on their oars to ensure a boost in production.

Different actors under the umbrella of the Petroleum Technology Association of Nigeria (PETAN) are synergising to leverage the local content law of 2010 to deliver services previously outsourced, building the capacity of indigenous companies.

As a result, the association, while on a nationwide facility tour to assess members’ capacity in line with the directive, was stopped by Solewant Group, a Rivers State-based Pipe Coating and Fabrication company.

Speaking after the facility tour at Solewant Development Plant in Alode, Eleme Council of Rivers State, at the Weekend, the National Chairman of PETAN, Wole Ogunsanya, emphasised the organisation’s dedication to promoting local content development and utilization, as well as the commitment to driving the enforcement of the Nigerian Content Development Act in the oil and gas industry.

Ogunsanya highlighted PETAN’s efforts to showcase Nigeria’s capacity in the oil and gas industry, extending beyond national borders to the sub-Saharan African region.

He praised Solewant, a strong organisation within PETAN, for building capacity and expertise through industry veterans and funding from Nigerian banks. Ogunsanya stressed that PETAN has consistently advocated for local content development, even before the law’s enactment, adding that with the law now in place, PETAN is at the forefront of ensuring compliance.