Mkpoikana Udoma
Port Harcourt — The Federal Government has reaffirmed its commitment to strengthening Engineering, Procurement and Construction, EPC, execution as a critical lever for timely and successful delivery of oil and gas projects.
Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, stated this while presiding over an EPC Steering Committee Meeting, where stakeholders reviewed progress from previous EPC roundtables and examined emerging industry perspectives shaping project execution in Nigeria.
Lokpobiri said the meeting provided an opportunity to assess milestones achieved so far, align on shared priorities, and identify gaps requiring sustained attention to improve delivery outcomes across the sector.
“We reviewed progress updates from previous roundtables and discussed emerging EPC perspectives shaping the industry,” the minister said. “The session allowed us to assess how far we have come, align on shared priorities, and identify areas requiring sustained focus to strengthen delivery outcomes.”
He stressed that government remains deliberate in creating a conducive operating environment for industry players, noting that EPC effectiveness is central to achieving efficiency, cost discipline and long-term value in petroleum projects.
“Our commitment to maintaining a conducive operating environment for industry players is reflected in our efforts to provide the necessary support to enable efficient and productive operations,” Lokpobiri stated.
The minister further emphasized that as Nigeria continues to promote and advocate for new oil and gas developments, EPC contractors and frameworks will play a decisive role in ensuring projects are executed on schedule and deliver optimal economic benefits.
“As we continue to promote and advocate for new projects, the role of EPC remains critical to achieving successful execution, timely delivery, and long-term value,” he added.
The EPC Steering Committee engagement forms part of ongoing government-industry collaboration aimed at de-risking project execution, accelerating investments and strengthening confidence in Nigeria’s petroleum sector.
This article was originally posted at sweetcrudereports.com
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