Local Oil Firm Backs NOGICD Act, Targets Faster, Cost-Efficient Oil Projects
Indigenous oil and gas services firm, Marconi.NG EPC Limited, has called for consistent implementation of the Nigerian Oil and Gas Industry Content Development (NOGICD) Act, while recommitting to cost-competitive and timely delivery of projects across the sector.
The pledge comes as the Federal Government steps up efforts to attract fresh investments, accelerate field development and lower production costs in Nigeria’s oil and gas industry. Marconi said it is positioning itself as one of the leading indigenous engineering, procurement and construction (EPC) service providers in West Africa.
The commitment was made in Port Harcourt during a tour of selected oil and gas facilities organised by the Corporate Communications Division of the Nigerian Content Development and Monitoring Board (NCDMB) for journalists.
Marconi, a wholly Nigerian-owned company, acquired the assets of Saipem Contracting Nigeria’s Rumuolumeni Yard in May 2025. The Chief Executive Officer of Marconi, Mr Gian Fabio Del Cioppo, said the yard spans more than one million square metres, features a 330-metre jetty and has the capacity to fabricate over 25,000 tonnes of heavy structures annually.
According to him, the facility is among the leading fabrication yards in Nigeria, with the assets, technical depth and organisational capability to execute complex capital EPC projects, both onshore and offshore.
He said Marconi is equipped to deliver high-quality projects at competitive costs and within schedule, in line with presidential directives on local content and the provisions of the NOGICD Act.
Del Cioppo urged the Federal Government and industry stakeholders to remain firm in implementing the NOGICD Act, stressing that the company is well-positioned to support national objectives, create jobs and contribute to economic growth.
He warned against any rollback of local content gains achieved over the past 15 years, noting that consistent policy enforcement is critical to sustaining investor confidence and indigenous capacity growth.
The Nigerian Content Manager of Marconi, Dr David Editang, explained that the company retained experienced local professionals who had operated the facility for decades before its acquisition. He said the yard has the capacity to fabricate, store and load out completed structures through its three jetties.
Editang added that the facility has recently completed a first steel cutting ceremony for subsea structures for a major offshore project currently underway in Nigeria.
He noted that the yard has played key roles in landmark projects such as Egina, Usan, Akpo and NLNG Train 7, among others.
The General Manager, Corporate Communications Division of the NCDMB, Dr Obinna Ezeobi, who led the tour, said Marconi is now strategically positioned to operate across the oil and gas value chain, covering land, swamp, shallow waters and deep offshore operations.
Ezeobi explained that the tour was part of the Board’s mandate under Sections 67 and 70(n) of the NOGICD Act, which require the NCDMB to promote Nigerian content through stakeholder engagement and capacity building.
He said media practitioners are critical partners in deepening understanding of the industry and strengthening implementation of local content policies.
According to him, the NCDMB continues to sustain engagement with media stakeholders across Port Harcourt, Lagos and Abuja as part of efforts to build informed reportage and support the long-term growth of Nigeria’s oil and gas industry.
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