Mkpoikana Udoma
Port Harcourt — Global oilfield services giant, Schlumberger, has expressed confidence in Nigeria’s ongoing oil and gas sector reforms, highlighting emerging investment opportunities and the growing attractiveness of the country’s energy industry.
This was disclosed by the Special Adviser to President Bola Tinubu on Energy, Mrs. Olu Verheijen, following a meeting with a Schlumberger delegation led by the company’s President for Europe and Africa, Mr. ND Madeemezia, and Managing Director for West Africa, Mr. Jean Marc Kloss.
According to Verheijen, discussions during the courtesy visit focused on the impact of ongoing reforms in the oil and gas sector, investment opportunities being unlocked, and the response of international industry players to the government’s policy initiatives.
“We received the Schlumberger team, led by Mr. ND Madeemezia, President, Europe and Africa, and Mr. Jean Marc Kloss, Managing Director, West Africa, on a courtesy visit to our office,” Verheijen stated.
She noted that both parties reviewed developments across the petroleum industry and assessed how recent reforms are shaping investment decisions and business confidence.
“Our discussion focused on the tangible impact of the ongoing oil and gas reforms, the opportunities emerging across the sector, and the growing confidence of global industry players in Nigeria’s energy landscape,” she said.
The meeting comes as the Federal Government continues to implement a series of regulatory, fiscal, and investment reforms aimed at boosting oil and gas production, attracting fresh capital, and enhancing Nigeria’s competitiveness in the global energy market.
Verheijen said the engagement provided an opportunity to obtain direct industry feedback on the effectiveness of the reforms and the challenges and opportunities facing investors.
“It was insightful to hear perspectives from the field on the progress being made and to exchange ideas on how we can continue to drive growth,” she stated.
She added that discussions also focused on strategies for increasing the sector’s contribution to economic growth and national development.
“We exchanged ideas on how we can continue to drive growth and strengthen the value of the sector’s contribution to national development,” Verheijen said.
