T4, NAPIMS unveil new book to showcase opportunities in oil, gas sector
In a bid to showcase operations in Nigeria’s energy sector as well as attract new investments, T4 Media, in conjunction with National Petroleum Investment Management Services (NAPIMS), has unveiled the Top Tier book to industry stakeholders. According to the Directors of T4 Media firm, the project was undertaken to showcase the potential and opportunities in the country’s oil and gas industry, especially the upstream sector.
One of the Directors, Estefania Borghetti, at the private launch of the Top Tier book in Lagos on Tuesday, explained that they had been working on the project for at least one year in order to create a platform to connect both the government and private sector operators as well as investors. Another Director, Lisa Gordillo, while giving insights into the magazine said 90 percent of the contents was face-to-face interviews with industry operators like OPEC, NNPC, NAPIMS and the NCDMB.
She added that the articles featured the emergence of indigenous joint venture champions, local content, corporate social responsibility programmes, game changer projects, energy security and the future of oil as well as gas potential.
On his part, the Group General Manager of NAPIMS, Musa Lawan stated that the book will serve as a veritable marketing tool to showcase the opportunities in the country, adding that the corporation will support similar initiatives.“We believe that the initiative will add value to the oil and gas industry. I urge operators to support the initiative”, he added.
Shell Petroleum Development Company of Nigeria Limited (SPDC) and Country Chair, Shell Companies in Nigeria, Osagie Okunbor advocated improved collaboration among operators, adding that there was need for a stable macro-environment for businesses to thrive.
Okunbor, who was represented by the General Manager External Relations of SPDC, Igo Weli, said the country needs an investment climate that continues to attract capital, noting that Nigeria has what it takes to be a leader, even as other African countries continue to take a share of the investment market.
“Fiscal stability is key to attracting investments in the country. Oil theft remains an issue in the country as 1,160 illegal oil theft points have since been removed since 2012 by Shell. Replacing these points also affects production output. There is need to attract more funding for growth in the country by ensuring the environment is safe for operations and regulatory environment stable”, he added.On his part, the Managing Director of Belemaoil, Pedro Diaz noted that the publication has helped indigeous operators to showcase their potential to new investors.
No comments yet