Nigeria’s new regulatory framework for Engineering, Procurement, Construction, and Installation (EPCI) projects is creating ripples across the oil and gas sector. As the government implements stringent guidelines aimed at decarbonization, local content promotion, and environmental responsibility, companies must adapt to remain competitive. This policy shift is not just a bureaucratic exercise—it is transforming how firms
Nigeria’s energy and construction sectors are undergoing significant changes following the rollout of a new regulatory framework that directly impacts Engineering, Procurement, Construction, and Installation (EPCI) firms. This policy aims to enhance transparency, enforce environmental sustainability, and ensure compliance with global standards. EPCI companies operating within Nigeria’s oil and gas sector must adapt quickly to
Nigeria’s new Engineering, Procurement, Construction, and Installation (EPCI) policy is poised to reshape the oil and gas sector. This policy introduces stricter regulatory frameworks and emphasizes sustainability, local content, and technological advancement. For EPCI companies operating in Nigeria, these changes present both challenges and opportunities that could redefine industry standards and project delivery. One of
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has introduced new guidelines that are set to reshape Engineering, Procurement, Construction, and Installation (EPCI) contracts across the country’s oil and gas industry. These regulations aim to enhance transparency, local content participation, and operational efficiency. Companies involved in EPCI projects must now align with the updated legal frameworks
Saipem, a global leader in offshore engineering and construction, has secured a major contract from Shell Nigeria Exploration and Production Company (SNEPCo) for the development of the Bonga North deepwater oil field offshore Nigeria. The contract, valued at approximately $900 million, marks a significant milestone in Nigeria’s offshore oil and gas sector and reinforces Saipem’s
Global energy services company TechnipFMC has been awarded a significant contract to supply subsea production systems for Shell’s Bonga North development offshore Nigeria. This deal reinforces TechnipFMC’s role as a key player in subsea technology and highlights the continued investment in Nigeria’s deepwater oil and gas sector. Contract Scope and Deliverables Under the contract, TechnipFMC
Saipem, a global leader in engineering, procurement, construction, and installation (EPCI) services, has secured a landmark $900 million contract for the development of Shell’s Bonga North project, located offshore Nigeria. This award further solidifies Saipem’s strong presence in deepwater operations and highlights its long-standing partnership with Shell in Africa’s energy sector. Project Overview The Bonga