Local Content,Entreprenurship and Vendor Development Course
Local Content is the quantum of composite value added to or created in the Nigerian oil and gas industry through a deliberate utilization of Nigerian human resources, material resources and services. The Local Content Bill was passed into Nigerian Law on the 22nd of April 2010.The schedule of the Act sets out specific work scopes that must be performed in Nigeria with percentages of actuals for compliance. The schedule of the Act lists minimum percentages for the use of local services and materials which promote the use of human and natural resources that are Nigerian.
The Act provides right-of-first-refusal to indigenous companies by stating that there is first consideration for the training and employment of Nigerians. It sets out the criteria to be used by the operator and the contractor in assessing how first consideration is to be given to Nigerians in the process of evaluating bids for goods and services required for projects. This act directly affects operating companies, contractors, sub-contractors and service providers in the oil and gas industries. In addition, the Act also affects, professional services engagements including legal and financial services in the oil and gas sectors of Nigeria.
Local Content is now a very important regulatory aspect of the execution of activities and award of contracts in the Nigerian oil and gas industry. Strategic and administrative knowledge, systems, processes and procedures must been shrined in purchasing and supply chain solutions in a manner that meets the local content requirements.
The 3-day intensive training course is designed to provide participants with the relevant information, network, strategies, ideas and guidance to be successful as a local content player in the Nigerian Oil and gas industry. Furthermore, the history of how local content has been applied in the past and a comparison with other hydrocarbon jurisdictions would be reviewed.
Key Focus Area
- Introduction: The Nigerian Oil and Gas Industry Content Development (NOGICD) Act
- Establishment of NNPC-NCD
- Passage of the Act
- Local Content Policy and Regulations.
- Case Studies of Corporate Strategy; Community Development & Stakeholder Engagement
- What next from Upstream?
- Are Skills, expertise and experience transferable to Midstream & Downstream?
- Supplier Diversity and Inclusiveness of nationals and locals at community level. Typical Supply chain engagements
- E-procurement for performance monitoring and measurement Contracts and local supplier engagement
- Prequalification requirements
- Registration with DPR, NIPEX, NCDMB, etc. Low hanging fruits (The NCDMB Act)
- Role of NIPEX in the procurement cycle
- Compliance with NCDMB
- Client and Statutory requirements Local content metric and reporting
- Local resourcing (manpower, goods and services); Driving industrialization through Local content. Strategies of cooperation, collaboration and coordination of resources
- Business models
- Implication of the down turn in the Upstream sector
- Contracting with an International Oil Company
- Getting the best out of mega projects (BONGA)
- How indigenous companies can take advantage of opportunities in the Oil and Gas sector
Who Should Attend
Recommended for oil and gas professionals in:
- Consulting, Contracting, Products, Goods and Services providers to Oil and Gas Companies
- Staff of International Oil Companies and Multinationals
- Staff of Independents or Marginal Field Companies
- EPC Companies, Contractors and Sub Contractors
- Governmentm Industrial Development Agencies
- Venture Capitalists, Bankers, Investors, Project Financiers
- Project Managers, Lawyers and Contract Administrations in Hydrocarbon jurisdiction
- Local content Personnel of companies
Date: May 15th - 17th, 2017
Duration:3 Days |Venue:The Cedar Centre ,Lagos
For further information, please contact us