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    Home » NCDMB Urges Local Oil Firms to Explore Deepwater Sector
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    NCDMB Urges Local Oil Firms to Explore Deepwater Sector

    Felix Ogbe hails WAV’s capacity during Onne facility tour
    Atoyebi AdenikeBy Atoyebi AdenikeSeptember 19, 2025No Comments1 Min Read
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    Felix Ogbe hails WAV’s capacity during Onne facility tour
    Felix Ogbe hails WAV’s capacity during Onne facility tour
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    By Atoyebi Nike

    The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Felix Omatsola Ogbe, has called on indigenous oil and gas service firms to expand into deepwater operations, citing vast opportunities in the sector.

    Ogbe made the appeal on Tuesday during a tour of West African Ventures’ (WAV) Fabrication Yard and facilities at the Federal Ocean Terminal, Onne, Rivers State. He praised WAV’s advanced capacity, including its rolling mill, ocean-going vessels, and offshore logistics base, describing the company as “a very good Nigerian firm.”

    WAV Managing Director, Michael Dumbi Amaeshike, said the firm has operated for over 40 years and trained many industry professionals, but called for stronger support to boost patronage.

    See also  Bank of England Cuts Interest Rate to 4% Amid Economic Strain from US Tariffs
    deepwater oil local content NCDMB oil and gas WAV
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