Expert seeks accelerated transition into cleaner energy economy
Usman Mohammed, New Energy Services Company’s boss, has urged Nigeria to accelerate its adaptation to the global energy transition to remain competitive in the evolving energy landscape.
Mr Mohammed said this in an interview on the sidelines of the Offshore Technology Conference 2026 in Houston, U.S.
According to him, advances in technology and rising investments in green energy are rapidly reshaping the global energy landscape.
Mr Mohammed credited Nigeria’s local content policies for supporting the growth of indigenous companies in the energy sector.
Mr Mohammed commended the Nigerian Content Development and Monitoring Board for supporting local participation in the oil and gas sector, but stressed the need to improve access to funding for indigenous operators.
He said NESSCO continued to expand its operations, recently securing a renewed contract through a competitive tender process and signing a new drilling rig supply agreement with a major operator.
According to him, the company has diversified from offshore facility management and crane operations into drilling and other energy services over the last decade.
Mr Mohammed restated the importance of collaboration among indigenous companies, describing partnerships as critical to sustainable industry growth.
Drawing on his experience with international firms such as Saipem, TotalEnergies, Baker Hughes, and BW Offshore, he said that successful global businesses thrive on cooperation.
He warned against forced business partnerships, noting that trust and shared vision were essential for successful collaborations.
Mr Mohammed further urged Nigerians to take responsibility for developing the country’s energy sector.
He noted that NESSCO, an engineering, procurement, and facility management company, previously handled about 40 per cent of ExxonMobil’s platform operations in Nigeria.
(NAN)
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