Elizabeth Vincent, Yenagoa
The Nigerian content development and monitoring board (NCDMB) has signed an engineering, procurement, and construction (EPC) contract with Julius Berger PLC for the development of the Oloibiri museum and research centre (OMRC), the project will be located in Otuabagi, Ogbia local government area of Bayelsa state and is scheduled for completion within 30 months.
The contract was executed by the NCDMB’s executive secretary, Engr. Felix Omatsola Ogbe, at the Board’s liaison office in Abuja,the OMRC is a collaborative effort financed by the petroleum technology development fund (PTDF), NCDMB, Shell petroleum development company/Nigerian national petroleum company Ltd (SPDC/NNPC), and the Bayelsa state government, funding contributions are divided in a ratio of 40:30:20:10 respectively.
The project is managed by a company limited by guarantee, with the four organizations acting as partners, while the executive secretary of NCDMB serves as the chairman of the company, the director of legal services at NCDMB, Mr. Naboth Onyesoh, Esq., serves as its secretary,the EPC contract with Julius Berger PLC was approved and signed by all the partners.
In february 2023, during the administration of president Muhammadu Buhari, the OMRC’s EPC contract was awarded to Julius Berger at a total cost of ₦117 billion.
The groundbreaking ceremony, held the same month, was a vibrant event attended by government officials, oil and gas industry stakeholders, and members of the local community.
“Engr. Ogbe expressed his excitement over the signing of the contract, marking the official start of construction, he highlighted the significant economic benefits the project would bring to Bayelsa state and the national economy during both the construction and operational phases, he also acknowledged the contributions of the project’s partners and other stakeholders.”
“Engr . Ogbe emphasized that the OMRC was conceived to honor Oloibiri, the birthplace of Nigeria’s commercial hydrocarbon production, which began in 1958. He noted that President Bola Tinubu views the project as long overdue and has encouraged the collaboration between government and private sector players to bring it to fruition.”
The OMRC will feature a world-class oil and gas museum, showcasing the history of crude oil production in Nigeria, geological formations, and early equipment and tools used in the development of the sector.
Furthermore, it will house a research and testing center that will provide facilities for field trials of indigenous oil and gas technologies, the center will also offer opportunities for university students in related disciplines to deepen their understanding of local advancements in oil and gas technologies.
The project aims to facilitate the commercialization of research by creating an ecosystem for home-grown technology development in oil and gas operations, It will also generate a new commercial value