The Defence Industries Corporation of Nigeria (DICON) and Oida Energy Limited have signed a landmark Memorandum of Understanding (MOU) to establish Nigeria’s first in-country oilfield shaped charge manufacturing facility.
The deal marked a significant advancement in realising the government’s aspiration for enhanced local capacity development and industrialization.
The MoU which was signed at the Armed Forces Officers’ Mess & Suites, Abuja, also indicates a major step by the technical units of the nation’s military forces towards civilian collaboration in solving operating challenges in the petroleum industry.
The partnership further signifies a momentous initiative and strategic stride towards strengthening Nigeria’s industrial base, deepening local content in the petroleum sector, and enhancing national security by reducing reliance on imported oilfield explosive technologies.
Director General of DICON, Major General Babatunde Alaya, described the MOU as “a decisive move towards building indigenous capacity in sensitive and strategic technologies.”
He said the facility will deliver safe, reliable, and locally manufactured shaped charges for upstream petroleum operations while creating jobs, enabling technology transfer, and conserving foreign exchange.
Managing Director of Oida Energy, Emeka Ene, restated the company’s “commitment to delivering world-class local manufacturing solutions that will strengthen Nigeria’s energy and security value chains.”
