Tue. Jul 23rd, 2024

Nigeria Petroleum Summit holds in Abuja February 9-12

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The 3rd Edition of the Nigeria Petroleum Summit, tagged NISP 2020 has been scheduled to hold from 9th to 12th, February 2020 in Abuja.

President Muhammadu Buhari will be chief host of the event with support from the Minister of State for Petroleum Resources, Timipre Marlin Sylva, alongside the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kolo Kyari.

In a letter written to industry partners in October, 2019, the Minister of State, Petroleum Resources, Chief Sylva had noted that the NIPS 2020 will be declared open by President Muhammadu Buhari.

“As Nigeria’s official petroleum and a Pan-Africa event, NIPS 2020 is designed as a meeting place for the oil and gas industry to introduce new technologies, share ideas that will lead to development of new strategies.

“The event will focus on technology, knowledge, sustainability and partnership that can enhance inflow of foreign investments while improving success rates of indegenous business engagements.

“The event also intends to provide networking platform for key political decision-makers, government officials and industry specialists. It will facilitate close interaction of Nigerian political decision-makers, government officials, industry specialists, leaders in the private sector and oil and gas sector, resulting in cross pollination of ideas”, the Minister stated in the letter.

On her part, the Permanent Secretary, Ministry of Petroleum Resources in Nigeria, Dr. Folasade Yemi-Esan, had told the media that like the previous editions, the Federal Ministry of Petroleum Resources has the responsibility of hosting the next edition of NIPS from 9th to 13th February 2020 on behalf of the Federal Government of Nigeria.

“The summit draws as much as 3,000 top-level international and national oil executives together every year to dig deeper into the awesome potential of a region in order to increase the participation of anyone doing business and investing in Nigeria and the rest of Africa’s oil and gas upstream, midstream, downstream, power, and services industries”, she said.

For the NIPS2020, stakeholders will be addressing issues around the theme: “Widening the Integration Circle: Technology, Knowledge, Sustainability and Partnership” and will seize the momentum of the country’s historic 60 years of independence, to showcase the rich culture of the most diverse country in Africa along with new oil, gas, and energy technologies, platforms, major contract signing and strategies for growth.

As a vested partner and global hub of leading oil and gas, electricity and renewable business, research and development, production, refining, and with its petrochemicals and gas products distributed around the world, Nigeria is a perfect venue and natural location to convene an African-focused event and global leaders intent on shaping the future of one of the world’s most important industries of this nature.

NIPS 2020 is expected to bring thousands of the top minds in this industry to Abuja from across the globe who will be able to attend engaging presentations and cutting-edge technical tours to gain valuable insight into industry trends not just for Nigeria, but also for Africa to engage the global energy community.

The event is a well coordinated international exhibition, which provides opportunities for companies to showcase their expertise and market their goods and services directly to key decision makers. About 5000 participants including speakers, delegates, visitors and 200 exhibitors from over 40 countries are expected to attend.

There will be 2 major presentations, 12 plenary sessions, 6 technical sessions and a pre- event training for local participants.

The year 2020 has been declared as the Year of Gas by Chief Sylva, so in the course of the event there will be spotlight session on Nigeria LNG Limited’s Train 7 Project and how local Companies can participate.

Speakers of the past editions include the Governor of Cross River State, H.E. Professor Ben Ayade, with global heads of the industry like H.E. Mohammed Sanusi Barkindo, Secretary-General of OPEC; Dr. Sun Xiansheng, Secretary-General of the International Energy Forum and Yury Sentyurin, Secretary-General of the Gas Exporting Countries Forum.

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