Indigenous Yards Achieve Breakthrough in Local FPSO Fabrication – NCDMB
By NaijaEnquirer Staff
The Nigerian Content Development and Monitoring Board (NCDMB) has confirmed that local fabrication yards are now delivering critical components for Floating Production Storage and Offloading (FPSO) units, marking a major milestone in the implementation of Nigerian Content policy.
Speaking during a strategic engagement with media practitioners and youth stakeholders in Port Harcourt, Rivers State, NCDMB Executive Secretary, Engr. Felix Omatsola Ogbe, said indigenous yards have proven their capability to execute high-value projects that were once exclusively handled abroad.
“Today, Nigerian fabrication yards are building and integrating FPSO modules in-country. This achievement is a testament to the resilience of our local contractors and the effectiveness of the Nigerian Content policy,” Ogbe declared.
He emphasized that this progress translates directly into job creation, skills transfer, and significant cost savings for Nigeria’s oil and gas industry.
Represented by Mr. Omomehin Ajimajiye, Acting General Manager, Midstream Monitoring and Evaluation, Ogbe further noted that in-country fabrication has elevated Nigeria’s profile in the global oil and gas market, where FPSO projects traditionally attract multi-billion-dollar investments.
“We are proving that Nigerians can deliver world-class engineering and fabrication solutions. This is what local content is about—retaining value within our economy,” he added.
The success of indigenous yards in FPSO component delivery marks Nigeria’s transition from reliance on foreign yards to strengthening domestic capacity, positioning the country as a regional hub for deepwater oil and gas projects.
