Project 100

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Objective

Providing Institutional Support to 100 Indigenous Oil and Gas Service Providers. Project 100 is an initiative of the Ministry of Petroleum Resources alongside the NCDMB to look holistically at 100 wholly indigenous oil and gas companies and nurture them to the next level. We would enhance their capacities, support them financially through the NCI Fund and help them find opportunities in the industry, in collaboration with the NNPC and its subsidiary, NAPIMS.

Project 100 Intervention

Policy Interventions

Project 100 will lead mini policy workshops to diagnose challenges of the target beneficiary clusters and consolidate policy recommendations for the consideration of policy makers and regulators. Such policy recommendations
may include:

  • Advocacy for solutions that address business environment challenges: Facilitate and provide relevant advocacy for the generation of policies that address business environment bottlenecks and challenges.

Research and Development

  • Project 100 will drive R&D collaboration between industry,research centres and university. Such linkages would enable universities and research centres participate in the R&D processes of oil companies on major technical challenges that require new R&D to solve.

Business Insight

  • Project 100 will provide an open knowledge repository containing essential industry information, articles, and statistical data, accessible to all its beneficiaries.
  • The repository will allow for easy-to-search rich content,posses a user-friendly interface, and feature a robust analytical tool.

Technical and Business Management

Project 100 will manage the provision of technical capacity building and business performance improvement (BPI) services and training to beneficiaries through its partners. This will address the dearth of capability of its beneficiaries by addressing both the business skills necessary to run their businesses and interface successfully with oil companies and the technical skills to use and apply international oil and gas technologies.

  • Business Performance Improvement (BPI):

Support programmes that offer structured and/or ad-hoc assistance in response to particular business needs as well as identifying opportunities for local supply.

  • BPI Services:
    To address business and management operational deficiencies such as Governance/ operating structures, business process design etc. BPI services will include visitation of experts to diagnose and develop improvement strategies and implementation plans for beneficiaries.
  • BPI Trainings:
    Training programmes to address business and management competency gaps including skill development for leadership and employees.
  • Structured Trainings:
    These are intensive business and management training programmes such as planning, financial management, business plan development etc. run over a period of time.
  • Ad-hoc Trainings:
    These include seminars/ workshops to help beneficiaries improve in identified generic improvement areas such as “Doing business with oil companies” which can cover topics ranging from the IOC bidding process and steps to ISO certification process etc.

Access to Market

Closing Information Asymmetry: Project 100 will address information gaps on the sides of the suppliers and operators

  • Project 100 will allow its beneficiaries participate in fora where oil and gas operators discuss future projects and service needs as well as providing opportunities for business development such events include NOGOF etc. This will address the difficulty of local suppliers in identifying projects for which they might bid to supply goods and services to operators.
  • Project 100 will spearhead the utilization of a service provider database (where service providers can promote themselves on the basis of certifications, competencies, and track record), accessible to all operators for the identification and selection of service companies. This will address the difficulty and cost of oil companies in identifying and assessing the suitability of local suppliers as a result of short track record or equity to backup their offers.

Quality and Safety Standards:
Project 100 will support beneficiaries with identifying firms for technical assistance and targeting such assistance to key areas for improvement for the receipt of relevant international certifications necessary to work for large operators. This will address the motivation of oil companies to source only from internationally certified suppliers that have been granted international certification, like ISO, API, ASME etc.

Addressing Limited Local Jobs:
Project 100 will lead the relevant inter-government collaboration required to create access for branded beneficiaries to provide services to operators in other African countries.

Access to Finance

  • Provision of letters of introduction to requesting beneficiaries, to be included in beneficiary application for intervention
    funds and other credit facilities from public and private financial institutions.
  • Support with packaging and conducting readiness reviews of beneficiaries applications for funds.

M & A Opportunities

  • Highlighting synergies and collaborative opportunities between beneficiaries, as well as with other players across the oil and gas industry to enable them to acquire new capacities and take on larger projects.

Project 100 Target Beneficiaries

#
Beneficiaries
1

Adroit Investment Limited

2
Alpatech Engineering Nigeria Limited
3
Ankor Pointe Integrated Limited
4
Anzor Nigeria Limited
5
B2 Oil & Gas Project Limited
6
Beam Energy Limited
 
7
Blisston Nigeria Limited
 
8
Bridgsite Nigeria Limited
 
9
Cardinal Integrated Projects Enterprises Limited
10
Cle-parinna International Limited
 
11
D-well Engineering Nigeria Limited
 
12
Eazroc Limited
 
13
Ellaleon Ventures Limited
 
14

Encapsulate Nigeria Limited

15
Energeria Limited
 
16
EST Master Construction Limited
 
17
Everest Engineering Services Limited
 
18
Fairtex Integrated Services Limited
 
19
Faithplant Global International Services Limited.
 
20
Fleet Offshore Global Maritime Services Limited
 
21
Flind Nigeria Limited
 
22
Folstaj International Limited
 
23
Gamstec Integrated Services Limited
 
24
Gemstone Energy Services Limited
 
25
Geoterrain Nigeria Limited
 
26
Geoville Consulting Limited
 
27
Gmunu Limited
 
28
Gredor Nigeria Limited
 
29
Harrybeat International Services Limited
 
30
Henry Wilson Limited
 
31
Hollifield Industries Limited
 
32
Independent Project Monitoring Company Limited
 
33

Jahcon International Limited

 
34
Jite Projekts Limited
 
35
Jomason Resources Ltd
 
36
Karsto Global Resources Limited
 
37
Kurusu And Associated Industries Limited
 
38
Libertine Global Solutions Limited
 
39
Mafuta Energy Services Limited
 
40
Milat Nigeria Limited
 
41
Narag Energy Solutions Limited
 
42
Nec Technical Systems Limited
 
43
Nine Angle West Africa Limited
 
44
Nowerox Nigeria Limited
 
45
Nymagx Energy Services Limited
 
46
Oasis Corporate Systems Limited
 
47
Oilfield Management Services Limited
 
48
Olu Tee Engineering International Limited
 
49
Rit-beulah Engineering Services Limited
 
50
Rojel Nigeria Limited
 
51
Sage Integrated Marine
52
Services Limited
 
53
Skymark Energy & Power Nigeria Limited
 
54
Sprovab Nigeria Limited
55
Techniques International Corporation Nigeria Ltd
 
56
Total Quality Integrated Services Limited
 
57
Utis Energy Services Limited
58
Wartadef Limited
 
59
Weltek Limited
 
60

Zigma Limited

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