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December 12, 2021

Oil & Gas: Why coys must deepen local content devt in operations – Schneider Electric

Oil & Gas: Why coys must deepen local content devt in operations – Schneider Electric

L-R: Director, Monitoring and Evaluation, NCDMB, Tunde Adelana; Chairman PCTS, Tayo Akinkumi; Executive Secretary, NCDMB, Simbi Wabote; Managing Director, Shell Nigeria Exploration and Production Company, Elohor Aiboni; and General Manager, SSA – Process Automation of Schneider Electric, Ajibola Akindele at the 2021 Practical Nigeria Content Summit in Yenagoa

By Prince Okafor

Energy Management and Automation firm, Schneider Electric has harped on the need for oil and gas companies across the country, to deepen local content in their operations.

The company made this disclosure at the just concluded Practical National Content organized by the Nigerian Content Development and Monitoring Board, NCDMB, in Yenagoa, Bayelsa State.

According to the General Manager, Sub-Saharan Africa, Process Automation, Schneider Electric, Ajibola Akindele, “The outbreak of Covid-19 last year led to lockdowns in various countries and restrictions on international travels.

“The pandemic presented an opportunity for companies to domicile skills and capabilities in Nigeria within Nigerians. Noting that, during the pandemic, there were restrictions in travel as well as repatriations, hence most expatriates could not come to Africa.

“The pandemic afforded Schneider Electric the opportunity to upskill local engineers. The Nigeria office of the company recorded some of the highest training man-hours during the period of the pandemic.

“It was a great opportunity to train our teams and provide exposure to some of the most complex projects. It was important that we localized resources.

“And for the part of our business that covers oil and gas, we are domesticating key skills in Nigeria to support the whole of Africa. We are establishing two Centres of Excellence – one for our Digital solutions and the other for our LNG solutions.”

He also urged companies to have a long-term focus in their recruitment as this will ensure that the aging workforce have the time to transfer knowledge to the younger professionals.

He also advocated for formal mentorship programs so that experienced professionals could mentor the younger ones. This is to ensure knowledge transfer.

Akindele also called for collaboration between the oil and gas industry, the government, and the academia to deepen Research and Development in Nigeria.

Noting that currently, R&D in Nigeria is a bit disjointed, he called for collaboration between the industry, government, and the academia. He stressed that the academia needs to conduct researches that is relevant to industry and government should drive policies that will promote R&D.

“We cannot overemphasize the role that R&D plays. If you looked at the developed countries in the world (the U.S, Germany, China, Japan), they are responsible for 64 percent global R&D spend. And it is intentional. About 2.5 to 4 percent of their GDP goes into R&D. And if you looked at less developed countries, it is in the region of 0.2 – 0.9 percent of GDP.

“When a country invests in R&D, that country is able to innovate, leap-frogging other countries, which makes the country richer. It is directly linked to the growth of your GDP. Makes absolute sense! If you don’t invest in R&D, you will continue to be a consumer, unfortunately,” he said.

He urged organizations to support investments in R&D by investing in basic research, funding University endowments and professorial chairs, creating centers of excellence and supporting the commercialization of patents.