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Nigerian forum at OTC to encourage partnerships with OEMs

NCIF

Nigeria seeks to partner with Houston’s well known size of original equipment manufacturers to set up facilities for manufacturing and services in the oil and gas sector in the country. Mr Denzil Kentebe, Executive Secretary of the Nigerian Content Development & Monitoring Board will address the Houston community and potential OEM’s at the Nigeria Content Investment Forum, an initiative powered by SweetCrude Reports. This is a highly anticipated investment event during the Offshore Technology Conference in 2016.

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Analysis finds infrastructure is required to realize potential, drive exploration in East Africa

Market stocks default

With recoverable oil reserve estimates of approximately 750 and 600 million bbl in Uganda and Kenya respectively, and with government share of the reserves expected to be about 30–50%, the potential impact on economic development in these countries could be great. However, new infrastructure, including an export pipeline, is required to enable commercialization of these discoveries, says an analyst with research and consulting firm GlobalData.

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