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Home Press release

NCDMB hails Marconi’s Acqusition of Saipem’s Yard

by sharma
December 12, 2025
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Marconi.NG EPC Limited has strengthened its status as a major player in Nigeria’s oil and gas services sector following its acquisition of Saipem Contracting Nigeria’s Rumuolumeni Yard.

During a facility tour by the Nigerian Content Development and Monitoring Board (NCDMB) and select journalists in Port Harcourt on Wednesday, the company said it is now better positioned to support Nigeria’s oil and gas industry with world-class engineering, procurement and construction (EPC) capabilities.

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Chief Executive Officer of Marconi, Mr. Gian Fabio Del Cioppo, said the yard spans over 1,000,000 square meters and includes a 330-meter jetty, enabling the fabrication of more than 25,000 tons of heavy structures annually.

He described the facility as one of Nigeria’s most advanced fabrication yards, equipped to handle complex capital projects onshore and offshore.
Marconi acquired the assets of Saipem in May 2025, marking a strategic expansion that aligns with Federal Government efforts to attract investment, lower production costs and speed up field development.

He emphasised that Marconi’s equipment, technical capacity and skilled workforce place it in a strong position to deliver high-quality projects at competitive costs and timelines—consistent with Presidential directives on local content and the Nigerian Oil and Gas Industry Content Development (NOGICD) Act of 2010.

He urged government and industry players to sustain momentum on local content implementation, warning against any rollback of the progress achieved over the last 15 years.

Nigerian Content Manager of Marconi, Dr. David Editang, highlighted that the company retained local experts who had operated the facility for decades, ensuring continuity and deep expertise.

General Manager of NCDMB’s Corporate Communications Division, Dr. Obinna Ezeobi, who led the tour, said Marconi is now capable of operating across the full oil and gas value chain—from land and swamp operations to deep offshore fields.

He added that the visit aligns with Sections 67 and 70(n) of the NOGICD Act, which mandate the Board to promote Nigerian Content through communication, stakeholder engagement and capacity building.

Dr. Ezeobi noted the importance of media practitioners in accurately reporting industry developments and stressed the Board’s commitment to sustained engagement with journalists in Port Harcourt, Lagos, Abuja and other regions.

sharma

sharma

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