The document discusses strategies for implementing local content in Nigeria's offshore construction industry. It defines Nigeria's local content policy and outlines its goal of adding value to the local economy. It then discusses several strategic management approaches to increasing local content, such as developing Nigerian capabilities through training, tracking workforce data, setting targets for local participation in projects, and promoting Nigerian ownership of vessels and infrastructure. Overall the strategies aim to stimulate the local economy and encourage sustainability through greater utilization of domestic human and material resources in the oil and gas industry.
Ian Groves (North Norfolk Fisheries Liaison Group (FLAG)) - “Making things ha...Shellfish Association
The North Norfolk FLAG Programme aims to provide £2.4 million in European Fisheries Fund money from 2011-2014 to support over 30 projects that will help ensure a sustainable future for the local fishery. Projects will specifically support existing fishery businesses, boost new entrants, provide new infrastructure, encourage business opportunities, and ensure the environment is not adversely affected. The FLAG is now operational and all projects will commence in the next 12 months through a simple application process that requires match funding.
Pareto securities corporate bond conference 23 January 2014PA Resources AB
PA Resources has made significant progress in 2013 by strengthening its management team, farming out assets to reduce leverage, and raising equity. Key accomplishments include farm-outs in Tunisia, Congo, and Denmark that shaped the portfolio for development. Drilling success in Equatorial Guinea also occurred. In 2014, PA Resources aims to continue progress by approving development plans for fields like Zarat and Diega, advancing development concepts for fields such as Broder Tuck, and drilling appraisal/exploration wells in fields like Lille John, Elyssa, and MPS.
This document provides a summary of PAR Resources' performance in the fourth quarter of 2013. It discusses the company strengthening its balance sheet through refinancing and portfolio rationalization including strategic farm-outs in Congo, Denmark, and Tunisia. Operational highlights included resuming production in Tunisia and encouraging results from drilling in Equatorial Guinea. Plans for further appraisal and development were outlined for fields in Tunisia, Denmark, and Equatorial Guinea. Financially, revenue and earnings declined from the previous quarter while the company remained in compliance with debt covenants.
PAR Resources CEO Mark McAllister presented an overview of the company's Q4 2013 performance and plans for 2014 at the Pareto E&P Conference in London on March 13th, 2014. Key points included:
- The company strengthened its balance sheet in 2013 through equity raises, loans, and reducing risk via strategic farm-outs.
- An experienced management team is now in place to execute the development plan.
- In 2014, PAR plans to progress development projects in Tunisia, Equatorial Guinea, and Denmark, drill exploration/appraisal wells, and evaluate M&A opportunities to grow the portfolio.
Mike Bue, a qualified person under NI43-101, has approved the scientific and technical information in the presentation. The presentation contains forward-looking statements that are subject to risks and uncertainties. Readers should not place undue reliance on forward-looking statements.
TVI Pacific Inc. is a TSX-listed Canadian mining company focused on resource projects in Asia Pacific. It has experience developing and operating the Canatuan mine in the Philippines. TVI holds a 30.66% interest in TVI Resource Development Inc., a Philippine company seeking to list on the Philippine Stock Exchange to enhance TVI's investment value.
TVI is looking for new resource opportunities that can be rapidly developed and put into
- PA Resources is an international oil and gas company with operations across West Africa, North Africa, and the North Sea.
- Their core areas of production are Equatorial Guinea and Tunisia, producing around 3,200 bopd currently.
- They have near-term developments planned in all three core areas, as well as high impact exploration opportunities including a well planned in Congo in 2015.
- In Q2 2014, production was impacted by gas compressor issues in Equatorial Guinea, while preparation continued for key developments like Diega in Equatorial Guinea and Zarat in Tunisia. Exploration activities also progressed on blocks like Mer Profonde Sud in Congo.
PA Resources reported a net loss of SEK 2.7 billion in Q4 due to impairment charges of SEK 2.1 billion and the termination of an agreement to farm out interests in the Didon and Zarat assets for SEK 826 million. Production averaged 6,500 boepd in Q4, down from previous quarters due to lower output from Tunisia following the failure of an ESP and the unwinding of the EnQuest transaction. The company's equity position fell below 50% of registered share capital, requiring approval from shareholders at an EGM to continue operations or initiate liquidation proceedings.
- TVI Pacific holds a 30.66% interest in TVIRD, a Philippine resource company focused on nickel, gold and limestone projects.
- TVIRD's key projects include the Agata nickel project currently in production, the Balabag gold project under development, and limestone deposits.
- At Balabag, TVIRD has completed construction of major processing infrastructure and is advancing the tailings storage facility towards operations.
Ian Groves (North Norfolk Fisheries Liaison Group (FLAG)) - “Making things ha...Shellfish Association
The North Norfolk FLAG Programme aims to provide £2.4 million in European Fisheries Fund money from 2011-2014 to support over 30 projects that will help ensure a sustainable future for the local fishery. Projects will specifically support existing fishery businesses, boost new entrants, provide new infrastructure, encourage business opportunities, and ensure the environment is not adversely affected. The FLAG is now operational and all projects will commence in the next 12 months through a simple application process that requires match funding.
Pareto securities corporate bond conference 23 January 2014PA Resources AB
PA Resources has made significant progress in 2013 by strengthening its management team, farming out assets to reduce leverage, and raising equity. Key accomplishments include farm-outs in Tunisia, Congo, and Denmark that shaped the portfolio for development. Drilling success in Equatorial Guinea also occurred. In 2014, PA Resources aims to continue progress by approving development plans for fields like Zarat and Diega, advancing development concepts for fields such as Broder Tuck, and drilling appraisal/exploration wells in fields like Lille John, Elyssa, and MPS.
This document provides a summary of PAR Resources' performance in the fourth quarter of 2013. It discusses the company strengthening its balance sheet through refinancing and portfolio rationalization including strategic farm-outs in Congo, Denmark, and Tunisia. Operational highlights included resuming production in Tunisia and encouraging results from drilling in Equatorial Guinea. Plans for further appraisal and development were outlined for fields in Tunisia, Denmark, and Equatorial Guinea. Financially, revenue and earnings declined from the previous quarter while the company remained in compliance with debt covenants.
PAR Resources CEO Mark McAllister presented an overview of the company's Q4 2013 performance and plans for 2014 at the Pareto E&P Conference in London on March 13th, 2014. Key points included:
- The company strengthened its balance sheet in 2013 through equity raises, loans, and reducing risk via strategic farm-outs.
- An experienced management team is now in place to execute the development plan.
- In 2014, PAR plans to progress development projects in Tunisia, Equatorial Guinea, and Denmark, drill exploration/appraisal wells, and evaluate M&A opportunities to grow the portfolio.
Mike Bue, a qualified person under NI43-101, has approved the scientific and technical information in the presentation. The presentation contains forward-looking statements that are subject to risks and uncertainties. Readers should not place undue reliance on forward-looking statements.
TVI Pacific Inc. is a TSX-listed Canadian mining company focused on resource projects in Asia Pacific. It has experience developing and operating the Canatuan mine in the Philippines. TVI holds a 30.66% interest in TVI Resource Development Inc., a Philippine company seeking to list on the Philippine Stock Exchange to enhance TVI's investment value.
TVI is looking for new resource opportunities that can be rapidly developed and put into
- PA Resources is an international oil and gas company with operations across West Africa, North Africa, and the North Sea.
- Their core areas of production are Equatorial Guinea and Tunisia, producing around 3,200 bopd currently.
- They have near-term developments planned in all three core areas, as well as high impact exploration opportunities including a well planned in Congo in 2015.
- In Q2 2014, production was impacted by gas compressor issues in Equatorial Guinea, while preparation continued for key developments like Diega in Equatorial Guinea and Zarat in Tunisia. Exploration activities also progressed on blocks like Mer Profonde Sud in Congo.
PA Resources reported a net loss of SEK 2.7 billion in Q4 due to impairment charges of SEK 2.1 billion and the termination of an agreement to farm out interests in the Didon and Zarat assets for SEK 826 million. Production averaged 6,500 boepd in Q4, down from previous quarters due to lower output from Tunisia following the failure of an ESP and the unwinding of the EnQuest transaction. The company's equity position fell below 50% of registered share capital, requiring approval from shareholders at an EGM to continue operations or initiate liquidation proceedings.
- TVI Pacific holds a 30.66% interest in TVIRD, a Philippine resource company focused on nickel, gold and limestone projects.
- TVIRD's key projects include the Agata nickel project currently in production, the Balabag gold project under development, and limestone deposits.
- At Balabag, TVIRD has completed construction of major processing infrastructure and is advancing the tailings storage facility towards operations.
This document summarizes a seminar for states in the Andean region on nuclear security. It discusses IAEA assistance to states through projects, verification, advisory services, and training to strengthen national nuclear security and the legal framework. The document emphasizes that effective nuclear security is an ongoing process that protects people and builds confidence in the peaceful use of nuclear technology.
Tvi agm presentation june 10 2015 updatedTVI_Pacific
Mike Bue is the qualified person under NI43-101 who approved the scientific and technical information in the presentation. The presentation contains forward-looking statements that are based on management's expectations but actual outcomes could differ due to various risks and uncertainties. TVIRD is in the process of listing on the Philippine Stock Exchange which would provide a valuation of TVI's 30.66% stake in TVIRD and liquidity for TVI to raise funds. Key drivers of TVIRD's valuation include operations and resources at the Agata nickel projects and progress at the Balabag gold-silver project.
PA Resources is focusing on refining its business model for long-term sustainability. In 2013, it strengthened its balance sheet through refinancing, rationalized its portfolio through strategic farm-outs that reduced risk, and established an experienced management team. In 2014, priorities include appraisal and development drilling, submitting development plans, and exploring and applying for new licenses. The goal is to increase stable production and fund projects from cash flow.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially from expectations.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia-Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
Canatuan story presentation november 16 2015TVI_Pacific
The document provides an overview of TVI Resource Development Inc.'s Canatuan gold and silver mine in the Philippines. It details the mine's history from initial exploration in 1993 through full operations from 2004-2014, including:
- Producing over 6 million tonnes of ore total from an oxidized gold/silver zone from 2004-2008 and a copper/zinc sulphide zone from 2008-2014.
- Generating over $479 million in revenue and $180 million in cash flow during its operations.
- Receiving numerous awards for environmental, safety, and forest rehabilitation efforts during mining operations.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
Tvi corporate presentation january 2016TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of starting operations quickly to generate cash flow and using that to further explore and expand projects. TVI holds a 30.66% interest in TVIRD, a Philippine company pursuing a stock exchange listing, which would allow TVI to monetize some of its holdings.
Tvi corporate presentation november 2015TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and subject to risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of pursuing low capex deposits that can be rapidly developed and put into production to generate cash flow. One project under review is the Cirianiu Gold Project in Fiji, which TVI may joint venture on to earn up to a 70% interest by advancing it to development.
Part2 Presentation by Nimi Erekosima of Thomas Douglas Limited at the Subsea ...NIMI EREKOSIMA
Nimi Godfrey Erekosima gave a speech on local content strategy for implementing construction plans in Nigeria's offshore oil and gas industry. He discussed Nigeria's local content policy and the need to fully accept local contractors to boost their success. He outlined strategies to increase Nigerian employment, ownership of marine assets, and establishment of key facilities. While local content has increased Nigerian employment and investment retention, it has also initially increased construction costs and reduced Nigeria's GDP. Overall, local content must be implemented in a timely, effective, strategic, and transparent manner to benefit all stakeholders in the long run.
Subsea Vessels Africa P51437 Slide ShareRuoh Yi Tham
Subsea Vessels Africa, going deeper into West Africa's Subsea Sector, will be held at Labadi Beach Hotel, Accra Ghana from 9-11 June 2014. The conference is also supported by Nigerian Chamber of Shipping. More details at www.subseavesselsconference.com
Unlocking the Economic Potential of South Africa's OceansDr Lendy Spires
The document discusses unlocking the economic potential of South Africa's offshore oil and gas sector. It notes that while the sector is still in early development, it could create significant value for South Africa over the long run by creating jobs and increasing GDP. However, developing the industry requires large investments in exploration over many years due to uncertainty and long lead times. The document outlines a vision to increase exploration activity through 30 exploration wells over 10 years, which could result in 130,000 jobs and $2.2 billion in annual GDP if production reaches 370,000 barrels per day. Realizing this potential requires addressing issues like infrastructure, environmental concerns, skills and local content development, and institutional governance.
A presentation by Laura Peinke, lead business development, SBIDZ, South Africa. Delivered during African Ports Evolution 2015 in Durban, South Africa.
More like this on www.transportworldafrica.co.za
FLNG - Offshore Assets Development , Korea 2010 Sampe PurbaSampe Purba
Sampe L. Purba, VP of Program and Budgeting at BPMIGAS, presented on Indonesia's offshore gas assets, developments, and potential for FLNG. Indonesia has significant offshore shallow, deepwater, and stranded gas reserves spread across sedimentary basins. FLNG is one option to develop remote and stranded reserves. Key challenges for FLNG include liquefaction at sea, loading/offloading LNG carriers, high costs, and remote locations. Government perspectives include resource allocation, local participation, and regulatory/fiscal frameworks. Investors consider contract sanctity, returns, and integration with global operations.
Challenges to Deepwater West Africa DevelopmentsDylan Roberts
There are significant challenges to developing deepwater oil fields in West Africa, including metocean conditions, mooring and riser systems selection, and ensuring flow assurance. Fast track development approaches can underestimate project definition requirements and lead to cost overruns. Local content development, technology transfer, and addressing associated gas utilization are also important challenges to overcome.
Looking to the past to understand the future
To understand fully the future direction of the oil and gas sector here in WA, it is important to consider and recognise the recent history and current challenges being experienced. This history and current challenges formed the first section of the presentation highlighting the scale of expansion of the industry here over the past decade, where we have moved from around 20mtpa LNG to a anticipated output level of some 50mtpa in WA alone, which, when combined with the additional capacity being constructed in QLD and NT will make Australia the world’s largest exporter of LNG by the end of this decade.
The Impact of Cabotage Act on Local Capacity Development in Rivers State, Nigeria. Introduction: Maritime activities are globally acknowledged to play a key role in the alleviation of extreme poverty and hunger through employment and other economic opportunities. This include the supply of seagoing personnel and ship recycling, ship owning and operating, shipbuilding and repair and port services, among others.
Nigeria is blessed with a coastline of about 870km and about 3,000 kilometres of inland waterways with varieties of natural resources including petroleum, natural gas, tin, columbite, iron ore, coal, zinc, limestone, lead and other minerals. According to the Cabotage Implementation Guidelines (2007) for example, Nigeria had about 22.5 billion Cubic Meters of crude oil, 3.5 trillion cubic meters of gas and 42.7billion cubic meters of bitumen. These statistics depicts that Nigeria should have a whole lot of trade opportunities across the globe
Impact of Cabotage Act on Local Capacity Development in Rivers State, Nigeria. Introduction: Maritime activities are globally acknowledged to play a key role in the alleviation of extreme poverty and hunger through employment and other economic opportunities. This include the supply of seagoing personnel and ship recycling, ship owning and operating, shipbuilding and repair and port services, among others.
Nigeria is blessed with a coastline of about 870km and about 3,000 kilometres of inland waterways with varieties of natural resources including petroleum, natural gas, tin, columbite, iron ore, coal, zinc, limestone, lead and other minerals. According to the Cabotage Implementation Guidelines (2007) for example, Nigeria had about 22.5 billion Cubic Meters of crude oil, 3.5 trillion cubic meters of gas and 42.7billion cubic meters of bitumen. These statistics depicts that Nigeria should have a whole lot of trade opportunities across the globe
Osv africa 2014 p51428 i85 w2-slide shareRuoh Yi Tham
This document provides an agenda and speaker information for the 2nd Annual OSV Africa conference taking place from June 9-11, 2014 in Accra, Ghana. The conference will discuss strategic issues in the offshore support vessel industry in Africa, including local content requirements, technology trends, contracting strategies, financing options, and crewing challenges. Speakers include representatives from oil and gas companies, OSV operators, financial institutions, and government agencies involved in developing local content policies.
The document summarizes an upcoming conference on protecting oil and gas infrastructure in Africa. The Critical Infrastructure Protection in Oil and Gas Africa 2014 conference will be held December 2-4, 2014 in Accra, Ghana and is supported by Ghana Gas. The conference will focus on strategies to secure offshore and onshore oil and gas facilities through bilateral cooperation and introducing state-of-the-art security systems. It will also highlight case studies and panels on threats like attacks, sabotage, theft, terrorism and accidents facing infrastructure in Africa. Attendees will include industry leaders, security experts, and military officials looking to share expertise on protecting assets in the region.
The document discusses Nigerian/local content policy and initiatives. It defines local content as adding value to the Nigerian economy through developing capacity and capabilities by utilizing Nigerian human and material resources in the petroleum industry. Prior policies lacked enforcement and obligations applied mainly to license holders, not contractors. New initiatives aim to strengthen local content requirements and monitoring. Key provisions of the Nigerian Content Development Bill include establishing a monitoring board, requiring local content plans and minimum targets, giving preference to Nigerian goods and services, and promoting employment and training of Nigerians.
The document discusses opportunities in the offshore industry in East and Southeast Asia. It notes that US and European companies dominate high-end offshore technologies while Singaporean and South Korean companies lead in assembly construction. China is increasing its role in general contracting and deep-water equipment. The value chain and key players in offshore industries in China, Australia, Singapore, and Malaysia are described. Business opportunities for foreign companies are highlighted in the Malaysian oil and gas industry through various Entry Point Projects.
This document summarizes a seminar for states in the Andean region on nuclear security. It discusses IAEA assistance to states through projects, verification, advisory services, and training to strengthen national nuclear security and the legal framework. The document emphasizes that effective nuclear security is an ongoing process that protects people and builds confidence in the peaceful use of nuclear technology.
Tvi agm presentation june 10 2015 updatedTVI_Pacific
Mike Bue is the qualified person under NI43-101 who approved the scientific and technical information in the presentation. The presentation contains forward-looking statements that are based on management's expectations but actual outcomes could differ due to various risks and uncertainties. TVIRD is in the process of listing on the Philippine Stock Exchange which would provide a valuation of TVI's 30.66% stake in TVIRD and liquidity for TVI to raise funds. Key drivers of TVIRD's valuation include operations and resources at the Agata nickel projects and progress at the Balabag gold-silver project.
PA Resources is focusing on refining its business model for long-term sustainability. In 2013, it strengthened its balance sheet through refinancing, rationalized its portfolio through strategic farm-outs that reduced risk, and established an experienced management team. In 2014, priorities include appraisal and development drilling, submitting development plans, and exploring and applying for new licenses. The goal is to increase stable production and fund projects from cash flow.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially from expectations.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia-Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
Canatuan story presentation november 16 2015TVI_Pacific
The document provides an overview of TVI Resource Development Inc.'s Canatuan gold and silver mine in the Philippines. It details the mine's history from initial exploration in 1993 through full operations from 2004-2014, including:
- Producing over 6 million tonnes of ore total from an oxidized gold/silver zone from 2004-2008 and a copper/zinc sulphide zone from 2008-2014.
- Generating over $479 million in revenue and $180 million in cash flow during its operations.
- Receiving numerous awards for environmental, safety, and forest rehabilitation efforts during mining operations.
- Mike Bue is the qualified person under NI43-101 who has approved the scientific and technical information in this presentation.
- The presentation contains forward-looking statements that are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ materially.
- TVI is a TSX-listed Canadian resource company focused on production, development, exploration and acquisition of diversified resource projects in Asia Pacific. It had past success developing and operating the Canatuan gold-silver/copper-zinc mine in the Philippines.
Tvi corporate presentation january 2016TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and are subject to known and unknown risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of starting operations quickly to generate cash flow and using that to further explore and expand projects. TVI holds a 30.66% interest in TVIRD, a Philippine company pursuing a stock exchange listing, which would allow TVI to monetize some of its holdings.
Tvi corporate presentation november 2015TVI_Pacific
Mike Bue is the qualified person who approved the scientific and technical information in the corporate presentation. The presentation contains forward-looking statements which are based on certain assumptions and subject to risks that could cause actual results to differ. TVI is focused on acquiring and developing resource projects in Asia Pacific, with a strategy of pursuing low capex deposits that can be rapidly developed and put into production to generate cash flow. One project under review is the Cirianiu Gold Project in Fiji, which TVI may joint venture on to earn up to a 70% interest by advancing it to development.
Part2 Presentation by Nimi Erekosima of Thomas Douglas Limited at the Subsea ...NIMI EREKOSIMA
Nimi Godfrey Erekosima gave a speech on local content strategy for implementing construction plans in Nigeria's offshore oil and gas industry. He discussed Nigeria's local content policy and the need to fully accept local contractors to boost their success. He outlined strategies to increase Nigerian employment, ownership of marine assets, and establishment of key facilities. While local content has increased Nigerian employment and investment retention, it has also initially increased construction costs and reduced Nigeria's GDP. Overall, local content must be implemented in a timely, effective, strategic, and transparent manner to benefit all stakeholders in the long run.
Subsea Vessels Africa P51437 Slide ShareRuoh Yi Tham
Subsea Vessels Africa, going deeper into West Africa's Subsea Sector, will be held at Labadi Beach Hotel, Accra Ghana from 9-11 June 2014. The conference is also supported by Nigerian Chamber of Shipping. More details at www.subseavesselsconference.com
Unlocking the Economic Potential of South Africa's OceansDr Lendy Spires
The document discusses unlocking the economic potential of South Africa's offshore oil and gas sector. It notes that while the sector is still in early development, it could create significant value for South Africa over the long run by creating jobs and increasing GDP. However, developing the industry requires large investments in exploration over many years due to uncertainty and long lead times. The document outlines a vision to increase exploration activity through 30 exploration wells over 10 years, which could result in 130,000 jobs and $2.2 billion in annual GDP if production reaches 370,000 barrels per day. Realizing this potential requires addressing issues like infrastructure, environmental concerns, skills and local content development, and institutional governance.
A presentation by Laura Peinke, lead business development, SBIDZ, South Africa. Delivered during African Ports Evolution 2015 in Durban, South Africa.
More like this on www.transportworldafrica.co.za
FLNG - Offshore Assets Development , Korea 2010 Sampe PurbaSampe Purba
Sampe L. Purba, VP of Program and Budgeting at BPMIGAS, presented on Indonesia's offshore gas assets, developments, and potential for FLNG. Indonesia has significant offshore shallow, deepwater, and stranded gas reserves spread across sedimentary basins. FLNG is one option to develop remote and stranded reserves. Key challenges for FLNG include liquefaction at sea, loading/offloading LNG carriers, high costs, and remote locations. Government perspectives include resource allocation, local participation, and regulatory/fiscal frameworks. Investors consider contract sanctity, returns, and integration with global operations.
Challenges to Deepwater West Africa DevelopmentsDylan Roberts
There are significant challenges to developing deepwater oil fields in West Africa, including metocean conditions, mooring and riser systems selection, and ensuring flow assurance. Fast track development approaches can underestimate project definition requirements and lead to cost overruns. Local content development, technology transfer, and addressing associated gas utilization are also important challenges to overcome.
Looking to the past to understand the future
To understand fully the future direction of the oil and gas sector here in WA, it is important to consider and recognise the recent history and current challenges being experienced. This history and current challenges formed the first section of the presentation highlighting the scale of expansion of the industry here over the past decade, where we have moved from around 20mtpa LNG to a anticipated output level of some 50mtpa in WA alone, which, when combined with the additional capacity being constructed in QLD and NT will make Australia the world’s largest exporter of LNG by the end of this decade.
The Impact of Cabotage Act on Local Capacity Development in Rivers State, Nigeria. Introduction: Maritime activities are globally acknowledged to play a key role in the alleviation of extreme poverty and hunger through employment and other economic opportunities. This include the supply of seagoing personnel and ship recycling, ship owning and operating, shipbuilding and repair and port services, among others.
Nigeria is blessed with a coastline of about 870km and about 3,000 kilometres of inland waterways with varieties of natural resources including petroleum, natural gas, tin, columbite, iron ore, coal, zinc, limestone, lead and other minerals. According to the Cabotage Implementation Guidelines (2007) for example, Nigeria had about 22.5 billion Cubic Meters of crude oil, 3.5 trillion cubic meters of gas and 42.7billion cubic meters of bitumen. These statistics depicts that Nigeria should have a whole lot of trade opportunities across the globe
Impact of Cabotage Act on Local Capacity Development in Rivers State, Nigeria. Introduction: Maritime activities are globally acknowledged to play a key role in the alleviation of extreme poverty and hunger through employment and other economic opportunities. This include the supply of seagoing personnel and ship recycling, ship owning and operating, shipbuilding and repair and port services, among others.
Nigeria is blessed with a coastline of about 870km and about 3,000 kilometres of inland waterways with varieties of natural resources including petroleum, natural gas, tin, columbite, iron ore, coal, zinc, limestone, lead and other minerals. According to the Cabotage Implementation Guidelines (2007) for example, Nigeria had about 22.5 billion Cubic Meters of crude oil, 3.5 trillion cubic meters of gas and 42.7billion cubic meters of bitumen. These statistics depicts that Nigeria should have a whole lot of trade opportunities across the globe
Osv africa 2014 p51428 i85 w2-slide shareRuoh Yi Tham
This document provides an agenda and speaker information for the 2nd Annual OSV Africa conference taking place from June 9-11, 2014 in Accra, Ghana. The conference will discuss strategic issues in the offshore support vessel industry in Africa, including local content requirements, technology trends, contracting strategies, financing options, and crewing challenges. Speakers include representatives from oil and gas companies, OSV operators, financial institutions, and government agencies involved in developing local content policies.
The document summarizes an upcoming conference on protecting oil and gas infrastructure in Africa. The Critical Infrastructure Protection in Oil and Gas Africa 2014 conference will be held December 2-4, 2014 in Accra, Ghana and is supported by Ghana Gas. The conference will focus on strategies to secure offshore and onshore oil and gas facilities through bilateral cooperation and introducing state-of-the-art security systems. It will also highlight case studies and panels on threats like attacks, sabotage, theft, terrorism and accidents facing infrastructure in Africa. Attendees will include industry leaders, security experts, and military officials looking to share expertise on protecting assets in the region.
The document discusses Nigerian/local content policy and initiatives. It defines local content as adding value to the Nigerian economy through developing capacity and capabilities by utilizing Nigerian human and material resources in the petroleum industry. Prior policies lacked enforcement and obligations applied mainly to license holders, not contractors. New initiatives aim to strengthen local content requirements and monitoring. Key provisions of the Nigerian Content Development Bill include establishing a monitoring board, requiring local content plans and minimum targets, giving preference to Nigerian goods and services, and promoting employment and training of Nigerians.
The document discusses opportunities in the offshore industry in East and Southeast Asia. It notes that US and European companies dominate high-end offshore technologies while Singaporean and South Korean companies lead in assembly construction. China is increasing its role in general contracting and deep-water equipment. The value chain and key players in offshore industries in China, Australia, Singapore, and Malaysia are described. Business opportunities for foreign companies are highlighted in the Malaysian oil and gas industry through various Entry Point Projects.
Obijackson Group is an extensive business conglomerate with diverse cross-sector interests. It operates on three continents.
The Obijackson Group, one of the fastest growing business conglomerates in Sub Saharan Africa, has made vast investments in its operating divisions such as: Oil and Gas Exploration and Production, Pressure Vessel Fabrication, Power Generation, Dredging and Marine Logistics, Aviation, Civil and infrastructural construction, Real Estate and Telecommunications.
Obijackson Group employs over 3,000 people, with operations located across Nigeria, the United States of America and the United Kingdom.
Regardless of its size, the Obijackson Group is guided by sound corporate governance with a culture of integrity, transparency, accountability, innovation and excellence.
The Group aims to enhance long term value and prosperity by means of dynamic growth, selective acquisitions and exemplary management of resource
OTHER MEMBERS
Championing global standards of quality in the Nigerian industries is at the heart of the Obijackson Group . The structure of the Group consists of Strategic Business Units
(SBUs) that offer a broad range of services.
The Obijackson Group comprises of: Nestoil Ltd., Energy Works Technology Limited, B&Q Dredging Limited, Gobowen Exploration and Production, Century Power Generation Limited, Time Power Global Dynamics Limited, IMPAC Oil & Gas Engineering, Hammakopp Consortium Limited Netav Services Limited, Scorpio Drilling International, Shipside Drydock Limited and MyTelecoms Limited.
The document summarizes the key achievements and activities of the Federal Ministry of Defence of Nigeria under Minister Alh. Aliyu Gusau. It discusses operations conducted by the Nigerian military to address security issues, new equipment acquired for the army, navy, and airforce, and infrastructure projects completed. It highlights the declaration of a state of emergency in northeastern states, enhanced regional cooperation against Boko Haram, and mass recruitment to bolster security agencies.
The document provides information about the eThekwini Maritime Cluster (EMC), a section 21 company launched in 2009 to support growth in Durban's maritime industry. The EMC board consists of 8 members and the organization aims to improve competitiveness in the maritime industry through collaborative programs. These programs include advocacy and stakeholder engagement, research, enterprise development, industry promotion, skills training, safety, and supporting the shipbuilding industry. The EMC is funded by the eThekwini Municipality and KwaZulu-Natal Department of Economic Development and Tourism.
The document discusses several current and potential projects for Radiant Utama Group's offshore support and production facility business unit. Current projects include providing operations and maintenance services for a mobile offshore production unit (MOPU) for Santos Indonesia, chartering an FSO vessel for CNOOC's Widuri Terminal, and performing dredging works and lifting services under two contracts for Total E&P Indonesie. Potential future projects mentioned include additional dredging contracts with Total, as well as development work for Santos, Husky-CNOOC, and more maintenance services for Total.
Theophilus Otchere gave a presentation on local content opportunities in Ghana's mining industry. He discussed Ghana's local content regulations and how they have expanded procurement requirements over time. Currently there are 50 line items that must be procured locally. He provided data showing high rates of local procurement. Otchere also discussed initiatives to promote local suppliers and opportunities for investment in manufacturing, services, engineering, salt production, and chemicals that could support the mining industry locally. He concluded there is a need to have critical inputs closer given global challenges and called for a national supplier development program.
Similar to Presentation by Nimi Erekosima of Thomas Douglas Limited at the Subsea Vessels Africa Conference (20)
Collapsing Narratives: Exploring Non-Linearity • a micro report by Rosie WellsRosie Wells
Insight: In a landscape where traditional narrative structures are giving way to fragmented and non-linear forms of storytelling, there lies immense potential for creativity and exploration.
'Collapsing Narratives: Exploring Non-Linearity' is a micro report from Rosie Wells.
Rosie Wells is an Arts & Cultural Strategist uniquely positioned at the intersection of grassroots and mainstream storytelling.
Their work is focused on developing meaningful and lasting connections that can drive social change.
Please download this presentation to enjoy the hyperlinks!
This presentation by OECD, OECD Secretariat, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
This presentation by Professor Alex Robson, Deputy Chair of Australia’s Productivity Commission, was made during the discussion “Competition and Regulation in Professions and Occupations” held at the 77th meeting of the OECD Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found at oe.cd/crps.
This presentation was uploaded with the author’s consent.
Carrer goals.pptx and their importance in real lifeartemacademy2
Career goals serve as a roadmap for individuals, guiding them toward achieving long-term professional aspirations and personal fulfillment. Establishing clear career goals enables professionals to focus their efforts on developing specific skills, gaining relevant experience, and making strategic decisions that align with their desired career trajectory. By setting both short-term and long-term objectives, individuals can systematically track their progress, make necessary adjustments, and stay motivated. Short-term goals often include acquiring new qualifications, mastering particular competencies, or securing a specific role, while long-term goals might encompass reaching executive positions, becoming industry experts, or launching entrepreneurial ventures.
Moreover, having well-defined career goals fosters a sense of purpose and direction, enhancing job satisfaction and overall productivity. It encourages continuous learning and adaptation, as professionals remain attuned to industry trends and evolving job market demands. Career goals also facilitate better time management and resource allocation, as individuals prioritize tasks and opportunities that advance their professional growth. In addition, articulating career goals can aid in networking and mentorship, as it allows individuals to communicate their aspirations clearly to potential mentors, colleagues, and employers, thereby opening doors to valuable guidance and support. Ultimately, career goals are integral to personal and professional development, driving individuals toward sustained success and fulfillment in their chosen fields.
Suzanne Lagerweij - Influence Without Power - Why Empathy is Your Best Friend...Suzanne Lagerweij
This is a workshop about communication and collaboration. We will experience how we can analyze the reasons for resistance to change (exercise 1) and practice how to improve our conversation style and be more in control and effective in the way we communicate (exercise 2).
This session will use Dave Gray’s Empathy Mapping, Argyris’ Ladder of Inference and The Four Rs from Agile Conversations (Squirrel and Fredrick).
Abstract:
Let’s talk about powerful conversations! We all know how to lead a constructive conversation, right? Then why is it so difficult to have those conversations with people at work, especially those in powerful positions that show resistance to change?
Learning to control and direct conversations takes understanding and practice.
We can combine our innate empathy with our analytical skills to gain a deeper understanding of complex situations at work. Join this session to learn how to prepare for difficult conversations and how to improve our agile conversations in order to be more influential without power. We will use Dave Gray’s Empathy Mapping, Argyris’ Ladder of Inference and The Four Rs from Agile Conversations (Squirrel and Fredrick).
In the session you will experience how preparing and reflecting on your conversation can help you be more influential at work. You will learn how to communicate more effectively with the people needed to achieve positive change. You will leave with a self-revised version of a difficult conversation and a practical model to use when you get back to work.
Come learn more on how to become a real influencer!
This presentation by Yong Lim, Professor of Economic Law at Seoul National University School of Law, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Juraj Čorba, Chair of OECD Working Party on Artificial Intelligence Governance (AIGO), was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by OECD, OECD Secretariat, was made during the discussion “Competition and Regulation in Professions and Occupations” held at the 77th meeting of the OECD Working Party No. 2 on Competition and Regulation on 10 June 2024. More papers and presentations on the topic can be found at oe.cd/crps.
This presentation was uploaded with the author’s consent.
This presentation by Thibault Schrepel, Associate Professor of Law at Vrije Universiteit Amsterdam University, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
This presentation by Nathaniel Lane, Associate Professor in Economics at Oxford University, was made during the discussion “Pro-competitive Industrial Policy” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/pcip.
This presentation was uploaded with the author’s consent.
XP 2024 presentation: A New Look to Leadershipsamililja
Presentation slides from XP2024 conference, Bolzano IT. The slides describe a new view to leadership and combines it with anthro-complexity (aka cynefin).
This presentation by Tim Capel, Director of the UK Information Commissioner’s Office Legal Service, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
This presentation by Professor Giuseppe Colangelo, Jean Monnet Professor of European Innovation Policy, was made during the discussion “The Intersection between Competition and Data Privacy” held at the 143rd meeting of the OECD Competition Committee on 13 June 2024. More papers and presentations on the topic can be found at oe.cd/ibcdp.
This presentation was uploaded with the author’s consent.
Why Psychological Safety Matters for Software Teams - ACE 2024 - Ben Linders.pdfBen Linders
Psychological safety in teams is important; team members must feel safe and able to communicate and collaborate effectively to deliver value. It’s also necessary to build long-lasting teams since things will happen and relationships will be strained.
But, how safe is a team? How can we determine if there are any factors that make the team unsafe or have an impact on the team’s culture?
In this mini-workshop, we’ll play games for psychological safety and team culture utilizing a deck of coaching cards, The Psychological Safety Cards. We will learn how to use gamification to gain a better understanding of what’s going on in teams. Individuals share what they have learned from working in teams, what has impacted the team’s safety and culture, and what has led to positive change.
Different game formats will be played in groups in parallel. Examples are an ice-breaker to get people talking about psychological safety, a constellation where people take positions about aspects of psychological safety in their team or organization, and collaborative card games where people work together to create an environment that fosters psychological safety.
This presentation by OECD, OECD Secretariat, was made during the discussion “Artificial Intelligence, Data and Competition” held at the 143rd meeting of the OECD Competition Committee on 12 June 2024. More papers and presentations on the topic can be found at oe.cd/aicomp.
This presentation was uploaded with the author’s consent.
Artificial Intelligence, Data and Competition – OECD – June 2024 OECD discussion
Presentation by Nimi Erekosima of Thomas Douglas Limited at the Subsea Vessels Africa Conference
1. Local Content Strategy
on Implementing Construction Plans
THOMAS DOUGLAS NIGERIA LIMITED
A R C H I T E C T U R E • E N G I N E E R I N G ▪ C O N S T RU C T I O N
LAGOS ▪ PORT HARCOURT
www.thomas-douglas.com
- Nigeria as case study
NIMI GODFREY EREKOSIMA PRINCIPAL PARTNER
2. THOMAS DOUGLAS
Once upon a time there was a couple who had been
married for 30 years without a child...
3. THOMAS DOUGLAS
Then one day the man left his wife and went on a sojourn
across Africa looking for answers...
4. THOMAS DOUGLAS
...After a few years he came back with a love child and asked
his beloved wife to take care of the child as she would her
own... The child’s name was Local Content
6. THOMAS DOUGLAS
LOCAL CONTENT STRATEGY ON IMPLEMENTING
CONSTRUCTION PLANS
• Understanding the content rules involved in offshore construction
• Capabilities needed and required
• Cost management and critical aspects of the project
7. THOMAS DOUGLAS
LEARNING GOALS
Introduce offshore construction
Define Nigerian Local Content Policy
Learn a Brief History of the Nigerian Local Content Policy
Identify the NC Strategies Applicable in the Nigerian Offshore Construction
Industry
View Critical Aspects of the Project Through the Concept of Value Addition
Appreciate the impact of NC in the Nigerian Offshore Construction Industry
We will:
8. THOMAS DOUGLAS
CATEGORIES OF OFFSHORE CONSTRUCTION
OFFSHORE PLATFORM
CONSTRUCTION
- RISER INSTALLATION
- TOPSIDE INSTALLATION
- MODULAR UNITS
OFFSHORE PIPE LAYING
- SUBSEA PIPING
- PIPE BURIAL
- PIPELINE TESTING
MAJOR OFFSHORE
MAINTENANCE
- ADDITIONAL WELL INSTALLATION
- TOPSIDE MODIFICATION
- PIPELINE REPLACEMENT
O F F S H O R E S U P P O R T V E S S E L S
CONSTRUCTION OF SUPPORT FACILITIES
– LOGISTICS BASES
– INDUSTRIAL PARKS FOR OEMs
– SUPPORT VESSELS
– MAINTENANCE WORKSHOPS
9. THOMAS DOUGLAS
INTRINSICS OF OFFSHORE CONSTRUCTION
• not for the faint heartedCAPITAL INTENSIVE
• the oceans could be very deep and coldHIGH PREMIUM ON QHSE
• makes senseMOST FABRICATION WORK
DONE ONSHORE
• it better be for that cost!HIGHLY SPECIALIZED
• Water and air benders neededINSTALLATION DEPENDENT
ON WEATHER WINDOW
• no new friendsDEVELOPED SUPPLY CHAIN
• If you survive all of the aboveHIGHLY REWARDING
10. THOMAS DOUGLAS
DEFINE NIGERIAN LOCAL CONTENT POLICY
“Nigerian Content in the Petroleum sector is defined as the quantum
of composite value added or created in the Nigerian economy
through the deliberate utilization of Nigerian human and material
resources in the provision of goods and services without
compromising quality, health, safety and environmental standards”.
Add value to local economy through
Capacity development of
Individuals, businesses, and
institutions
Retention of spend to
stimulate local economy
Encourage sustainability
through responsible use of
resources
11. THOMAS DOUGLAS
1969
• First
Petroleum Act
• Regulation 26
Advocates
Indigenization
of the Industry
1971 - 1977
• Establishment of
Nigerian National Oil
Corporation (NOC)
• Merger of NOC and
Petroleum Ministry
• Nigerian National
Petroleum Corporation
(NNPC) formed
• Acquisition of National
Interests
• Domiciliation of
significant portions of Oil
& Gas derivatives
2010 - 2014
•Establishes a new body NCMB outside
NNPC
•Sets out specific targets for LC
•50% of Multi national coy Assets to be
vested in Nigerian subsidiary
•Nigerian indigenous company defined
to be 51% owned by indigenes.
•Indigenous Companies have first
consideration for licenses, Oil blocks,
Contracts
•Indigenous companies have exclusivity
on land and swamp activities
•Creates Opportunities for Indigene’s
employment and training
•Power of the Minister to approve 3-
year waiver for areas of insufficient
capacity
•Fines for non-compliance
BRIEF HISTORY
12. THOMAS DOUGLAS
BRIEF HISTORY
1969
• First
Petroleum Act
• Regulation 26
Advocates
Indigenization
of the Industry
1971 - 1977
• Establishment of
Nigerian National Oil
Corporation (NOC)
• Merger of NOC and
Mines and Steel Ministry
• Nigerian National
Petroleum Corporation
(NNPC) formed
• Acquisition of National
Interests
• Domiciliation of
significant portions of Oil
& Gas derivatives
2010 - 2014
•Establishes a new body NCMB outside
NNPC
•Sets out specific targets for LC
•50% of Multi national coy Assets to be
vested in Nigerian subsidiary
•Nigerian indigenous company defined
to be 51% owned by indigenes.
•Indigenous Companies have first
consideration for licenses, Oil blocks,
Contracts
•Indigenous companies have exclusivity
on land and swamp activities
•Creates Opportunities for Indigene’s
employment and training
•Power of the Minister to approve 3-
year waiver for areas of insufficient
capacity
•Fines for non-compliance
13. THOMAS DOUGLAS
BRIEF HISTORY
1969
• First
Petroleum Act
• Regulation 26
Advocates
Indigenization
of the Industry
1971 - 1977
• Establishment of
Nigerian National Oil
Corporation (NOC)
• Merger of NOC and
Petroleum Ministry
• Nigerian National
Petroleum Corporation
(NNPC) formed
• Acquisition of National
Interests
• Domiciliation of
significant portions of Oil
& Gas derivatives
2010 - 2014
•Establishes a new body NCDMB
outside NNPC
•Sets out specific targets for LC
•50% of Multi national coy deployed
assets to be vested in Nigerian
subsidiary
•Nigerian indigenous company defined
to be 51% owned by indigenes.
•Indigenous Companies have first
consideration for licenses, Oil blocks,
Contracts
•Indigenous companies have exclusivity
on land and swamp activities
•Creates Opportunities for Indigene’s
employment and training
•Power of the Minister to approve 3-
year waiver for areas of insufficient
capacity
•Fines for non-compliance
14. THOMAS DOUGLAS
STRATEGIC MANAGEMENT CYCLE
Strategic Planning
APPRAISAL /ACTION PLAN
Strategic Implementation
CAPACITY BUILDING/ EVALUATION
Value
added to
Nigerian
economy
A
B
16. THOMAS DOUGLAS
Nigeria Oil and Gas Industry Content Joint Qualification System (NOGIC JQS)
• Marine Vessels Ownership Data
• Contract Processing Data
• Equipment Ownership
• Nigerian Content Compliance
Certificate Data
• Skill Base Tracking
• Training and Employment Data
• Nigerian Content Plans and Reports
Archive
• Expatriate Quota Utilization and
Succession Data
STRATEGIC MANAGEMENT – NOGIC JQS
DATA CAPTURE DATA MANAGEMENT
• Categorization of oil and gas service
companies
• Industry data base for skills verification.
• Verification of available in-country
capacity
• Effective information exchange across
stakeholders
• Compliance Monitoring
• Test data uploaded
• Launch Q2 2012
Adapted From Nigerian Content Implementation Model, 2013
17. THOMAS DOUGLAS
STRATEGIC MANAGEMENT – TARGET vs. CAPABILITIES
0
10
20
30
40
50
60
70
80
90
100
100 100 100 100
90
55
15
25
% TARGET % CAPABILITIES
ACTIVITY
NC TARGET
RANGE (%)
UNIT OF MEASUREMENT
ENGINEERING OF
OFFSHORE FACILITIES
50 - 90 MAN-HOUR
FABRICATION AND
CONSTRUCTION
50 - 100 TONNAGE
MAINTENANCE/
MODIFICATION
45 - 70 SPEND/ TON/VOL
SUPPORT VESSELS 45 - 100 SPEND
Adapted From 7E Nigerian Content Development – Presentation by Ernest Nwapa, ES NCDMB
Source: NOGIC Act, 2010
18. THOMAS DOUGLAS
STRATEGIC MANAGEMENT
COLLABORATIVE IMPLEMENTATION MODEL
Regulator
Operator
Indigenous
Service
Provider
Foreign
Partner
• Training and employment of
Nigerians;
• Promoting indigenous
ownership of marine
vessels, offshore drilling
rigs, etc;
• Establishment of critical
facilities such as pipe
mills, dry docking and marine
facilities, pipe coating
facilities;
STRATEGY FOCUS
Adapted From 7E Nigerian Content Development – Presentation by Ernest Nwapa, ES NCDMB
19. THOMAS DOUGLAS
STRATEGIC MANAGEMENT – TRAINING AND EMPLOYMENT
Project Based
Training and
Attachment
JQS as staff
sourcing
platform
NCDMB + PETAN
= NCEmI
NCDMB Direct
Training
Programs
Community
Environmental
Remediation Training
Construction
Skills Training
Institutional
Development
Upgrade
Identified
institutions into
O&G TCEs
Establish
Subsea
Academy
Establish
Engineering
Academy
Facilitate
International
Certification
Expatriate
Quota
Management
Monitor Quota
Monitor
Succession
Planning
Nigerian Content Employment Initiative (NCEmI); Joint Qualification System (JQS); Petroleum Technology Association of Nigeria (PETAN);
Oil and Gas Training Centre of Excellence (OG TCE)
Adapted From Nigerian Content Human Capacity Development Initiative Implementation Guidelines, 2014
20. THOMAS DOUGLAS
STRATEGIC MANAGEMENT – MARINE VESSEL OWNERSHIP SCHEME
60% of marine assets in the hands of Nigerians by 2015
Encourage construction of vessels in Nigerian yards
Promote ownership of marine vessels by Nigerian entities
Stimulate flagging & registration of vessels in Nigeria
Deepen Nigerian manning of marine vessels
Inter Agency collaborative enforcement of the Nigeria Coastal
and Inland Shipping (CABOTAGE) Act. NIMASA+NCDMB
CABOTAGE Vessel Financing Fund (CVFF)
Nigerian Maritime Administration and Safety Agency (NIMASA)
21. THOMAS DOUGLAS
STRATEGIC MANAGEMENT – MARINE ASSET OWNERSHIP
Adapted From Nigerian Content Marine Vessel Categorization Procedure, 2013
OFFSHORE RIG ACQUISITION STRATEGY- ORAS
– Establish SPV.
– 50% equity set aside for Nigerian ownership in
blocks to be taken up as Nigerian capacity
increases.
22. THOMAS DOUGLAS
Nigerian Content Development Fund (NCDF)
Topside Integration Facilities, Pipe Mills, Dry Docks
Nigeria Oil and Gas Industrial Park Scheme (NOGIPS)
Nigerian Content Equipment Certificate (NCEC)
Offshore Rig Acquisition Strategy (ORAS)
Original Equipment Manufacturer (OEM) Strategy
Equipment Components Manufacturing Initiative (ECMI)
STRATEGIC MANAGEMENT – RELEVANT INITIATIVES
23. THOMAS DOUGLAS
VALUE BASED PROJECT MANAGEMENT
EXPLORE AND
APPRAISE
DEVELOP PRODUCE TRANSPORT PROCESS DISTRIBUTE
ASSESS,EXPLORE,
APPRAISE
DEVELOP VIABLE
FIELDS
PRODUCE AND
EXTRACT MINERALS
TRANSPORT RAW
MATERIALS THROUGH
PIPELINES/ SHIP
PROCESS RAW MATERIALS
INTO FINISHED PRODUCTS
DISTRIBUTE, MARKET
FINISHED PRODUCTS
Business decision to convert an
opportunity into an asset which
creates value to its owners.
VALUE
PROJECT
SCOPE
TIME
QUALITY
COST
PROCUREMENT
RISK
COMMUNICATION
•LEAN CONSTRUCTION
•VALUE FOR MONEY
•LIFE-CYCLE COSTING
•COST OF QUALITY
•VALUE ENGINEERING
•DISCOUNTED CASHFLOW
•NET PRESENT WORTH
•COST BENEFIT
•OPPORTUNITY COST
•UTILIZATION FACTOR
•OPTIMIZATION
•EARNED VALUE
MAXIMISE ASSET VALUE
INCEPTION FEASIBILITY
FEED & DETAILED
DESIGN
CONSTRUCTION &
COMMISIONING
OPERATIONS &
MAINTENANCE
VALUE ARTICULATION AND PROJECT
DEFINITION
OPTIMIZATION OF BENEFITS AND COSTS LESSONS LEARNT
OIL AND GAS VALUE CHAIN
CONSTRUCTION PROJECT LIFE-CYCLE – PROJECT OBJECTIVES MUST BE CHAMPIONED BY ALL
24. THOMAS DOUGLAS
CONSTRUCTION COST MANAGEMENT
Includes the processes involved in Estimating, Budgeting and Controlling costs so that the project objectives are met within
the approved budget.
Estimation – Develop approximate
monetary resources needed to complete
project activities
Budgeting – Aggregation of costs
estimated in order to establish an
authorized cost baseline
Control – Monitoring progress and
changes to cost baseline.
Source: Project Management Book of Knowledge, 2013
Contracting strategy
•PSC, JOA, SC
Procurement strategy
•Locally sourced, imported
Project scope Engineering design
Stakeholder
requirements
•Taxes, regulations
Risk management
strategy
Resource requirements
•Human, equipment, materials
Operational
expenditure
FACTORS THAT IMPACT CONSTRUCTION COST BASELINE
25. THOMAS DOUGLAS
IMPROVED EMPLOYMENT AND TRAINING OF LOCALS
Over 30,862 jobs within first 3 yrs (10,792 in Fabrication, 6,797 Post training
employment, 3,000 in Vessel servicing, 1,500 Equipment manufacturing)
INCREASED INDIGENOUS VESSEL OWNERSHIP
65% of Vessels – Class AAA and Category A combined
45% of Vendors – Category A
MORE NIGERIANS OWNING CRITICAL MARINE ASSETS
Pipe laying barges, Drilling equipment, Drilling rigs, Dry-docking Logistics bases etc.
RETENTION OF MORE ANNUAL OIL AND GAS SPEND IN-COUNTRY
About $10Billion of the $20Billion capital flight
MORE ROBUST FORWARD, BACKWARD AND FINANCIAL LINKAGES
Banking, Manufacturing, Education, Legal sectors benefit
NEGATIVE IMPACT ON GDP SHORT TERM
2009 (pre-NOGICD) was 17.8% compared to 14.4% by 2013
(post-NOGICDA era)
IMPACT ON INTERNATIONAL FREE TRADE AGREEMENTS
Protectionist in nature
INCREASES CONSTRUCTION COST SHORT TERM
Contingency, Cost of quality, Interest rate, Inflation
The ayes have it!
NIGERIAN CONTENT IMPACT ON OFFSHORE CONSTRUCTION
26. THOMAS DOUGLAS
CONCLUSION
More work for indigenous local contractors such as
Thomas Douglas, with the construction of new pipe
mills, new industrial parks, new fabrication
yards, new vessels, new production platforms, new
pipeline projects etc.
Better access to funds through economic linkages
to financial institutions, NCDF etc.
Improved project schedule as local manufacturing
eliminates time wasted on importation and
improves just-in-time deliveries.
Transfer of technology ensures a better trained
workforce
The success of this marriage is vital to the implementation of
construction plans. It means:
27. THOMAS DOUGLAS
RECOMMENDATIONS – T E S T
Timely manner
•Already Nigeria has lost 70% of her
exports to her biggest market, the USA.
And shall loose more due to the latter's
embrace of shale oil and other energy
sources.
Effective manner
•Labour cost amounts only between
10-20% of the Total DC of production as
compared to procurement's 54%.
Therefore Manufacturing is key.
Strategic manner
•Look beyond present hassles.
A capacious LC translates to
cheaper, faster first oil and gas.
Transparent manner
•Unpredictable regulations hamper
investment opportunities.
To make the marriage work the Family must collaborate in a(n):
29. THOMAS DOUGLAS
• Technical Data Sheets
• Utility, Cost And Weight Estimates
• Performance Specifications
• Code Compliance Analysis
• Architectural Shop Drawings
• Structural Shop Drawings
• Room Data Sheets
• Bills Of Materials
• Furnishings, Equipment and
Fixture Selection
• Mechanical (Piping) Shop
Drawings
• Electrical (EIT) Shop Drawings
• HVAC Shop Drawings
• Fire & Safety Communications
Shop Drawings.
• Detailed Design Review
• Bid Package Preparation
• Bid Evaluation
• Determine Company Procurement
Standards
• Utilize Preferred Vendors
Database
• Identify Long-lead Time Items and
Place Orders
• Incorporate Local Knowledge Of
Approved Offshore Materials
• Utilize Knowledge Of NOGICDA
Requirements On Importation Of
Materials To Nigeria
• Coordinate Shipment And Customs
Clearance Of Imported Materials
• Provide Local Logistics and
Transportation
• Fabrication Contract Assistance
• Fabrication Inspection
• Change Order Review
• Payment Request Review
• Submittals / Shop Drawing
Review
• Lifting Procedures
• Integration / Mating Plan
• Tie-ins To Utility Systems
• Systems Testing In Fabrication
Yard
• Systems Testing On-Site
• RFI / Site Query Resolution
• QHSE Management
• Final Acceptance / Punch List
... a multi-disciplinary Engineering, Procurement and Construction Project Management firm
100% Nigerian owned.
CORE VALUES
...leading, innovative and reliable player in the provision of premium, sustainable, client-oriented,
cost effective , safe, and timely - bespoke solutions.
THOMAS DOUGLAS IS...
30. THOMAS DOUGLAS NIGERIA LIMITED
E N G I N E E R I N G • P R O C U R E M E N T ▪ C O N S T R U C T I O N
S&B Floor, Top Notch Building▪ Ajiwe
Km 23 Lekki-Epe Expressway ▪ Lagos, Nigeria
Tel: 01- 7374027, 0703 2240125, 0803 4673729 • E-mail: info@thomas-douglas.com; constarng@gmail.com
Website: www.thomas-douglas.com