Section 41: Regulations for further growth of indigenous capacity

(1) The Minister shall make regulations setting out targets to ensure-
(a) full utilization and steady growth of indigenous companies engaged in exploration ;
(b) seismic data processing
(c) engineering design
(d) reservoir studies
(e) manufacturing and fabrication of equipment ; and
(f) other facilities as well as the provisions of other support services for the Nigeria oil and gas industry.
(2) International or multinational companies working through their Nigerian subsidiaries shall demonstrate that a minimum of 50% of the equipment deployed for execution of work are owned by the Nigerian subsidiaries.