Service companies critical to the growth of oil and gas industry – Wabote


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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has lauded the roles played by service companies in the provision of goods and services for the sustenance and growth of the Nigerian Oil and Gas industry.

Engr. Wabote stated this Thursday in Apapa, Lagos at the commissioning of a Control Valves Assembly and Service Centre built by BEAMCO Nigeria Limited.

The Executive Secretary commended the company for its contribution to the growth of the Nigerian Oil and Gas industry by demonstrating resilience to the Nigerian enterprise. He further stated that BEAMCO has built its reputation on professionalism and quality service delivery in different sectors of the Nigerian economy without compromising safety and quality standards and has continued to provide reliable and effective solutions to its ever-increasing clientele base.

Engr. Wabote acknowledged that the Valve Service Centre has the capacity to assemble and test Control Valves, Ball Valves, Safety Relief Valves, and others with ISO 9001 and ISO 45001 certifications to ensure strict compliance with Quality and Safety standards.

“The ability of the Center to serve other sectors must be emphasized as we are keen to see that the capacities and capabilities being developed in the oil and gas sector are also linked to other sectors of the economy as part of the strategic initiatives under the Board’s 10-year Strategic Roadmap”, Engr. Wabote said.

He further said that it is essential for all Nigerian oil and gas service industries to widen the application of their services to other sectors of the economy and not solely rely on the oil and gas industry.

The Nigerian Content Chieftain reiterated that the Board is elated, whenever service companies push their boundaries; which is why it is driving the Project100 initiative to grow one hundred indigenous service companies into top-notch service providers.

He also commended the international oil companies for their support in the successful implementation of Nigerian Content while charging them alongside other oil and gas service providers to remain resolute with a continuous faith in the ability of local companies to deliver.  He challenged other oil and gas service providers to emulate BEAMCO in their focus, dedication and continuous evolution.

In his opening remarks, the Managing Director, BEAMCO Nigeria Limited, Mr. Walid El Cheikh assured the Executive Secretary that the company will make modest contribution in line with the Board’s Mission, to promote the development and utilization of in-country capacities.

Mr. Walid observed that they could not have succeeded without the endless effort made by every member of the company and more importantly, with the firm belief that the project shall be acknowledged and championed by NCDMB to be embraced by the stakeholders in the oil and gas industry.

The Managing Director indicated that BEAMCO Nigeria Limited incorporated in 1980, prides itself in the provision of Industrial Equipment, Field Services, Construction, Trading and Supply Chain Management, and the provision of facilities support for the oil and gas industry.

Highpoint of the commissioning was an award presented by BEAMCO to the Executive Secretary, NCDMB; Engr. Simbi Wabote for his unparalleled contribution to Local Content Development in Nigeria.



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