Nigeria - 2018 - Energy

Rig Utilization Strategy

Ministry of Energy and Natural Resources, Nigeria

This strategy focuses on providing the necessary incentives that will lower the barrier for entry and encourage Nigerian companies to venture into rigs contracting and if need be providing the appropriate guarantees that will ease the acquisition of rigs and technologies. The primary objective of this strategy is to promote participation and ownership of offshore oil drilling rigs by indigenous companies

Process Flow

Planning Research And Statistics (PRS) Directorate, Nigerian Content Development and Monitoring Board

Executive Secretary, Nigerian Content Development and Monitoring Board

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Rig Utilization Strategy Current Version

January 2022

This strategy focuses on providing the necessary incentives that will lower the barrier for entry and encourage Nigerian companies to venture into rigs contracting and if need be providing the appropriate guarantees that will ease the acquisition of rigs and technologies. The primary objective of this strategy is to promote participation and ownership of offshore oil drilling rigs by indigenous companies

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