Energy
NCDMB, STOILIC SHIPPING PARTNER TO SEND 10 CADETS ON SEA-TIME, COC TRAINING
…As Wabote Applauds Stoilic Shipping for Showing Commitment to Developing Indigenous Capacity
…Nigeria Can Generate Huge Revenue By Producing Seafarers- McFoy
The Executive Secretary of Nigeria Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote has commended the Management of Stoilic Shipping Limited for its commitment to growing indigenous Capacity for the Nigerian maritime sector adding that the partnership between both bodies would only usher in further progress for the Nigerian maritime industry.
Engr. Wabote who was speaking as NCDMB and Stoilic flagged off a full-scholarship sea-time training for 10 cadets in Lagos today, reassured on the Board’s commitment to growing capacity for the Maritime Industry adding that the agency takes the training very seriously even as he noted that maritime trainings are cost intensive and would only take the commitment of parties involved.
The Executive Secretary who was represented by the Board’s Manager, Human and Capital Development, Mr. Timbiri Augustine, said that the conduct of the trainees has an implication on the country advising them not to be distracted at any point as they may face mild challenges such as turbulent weather, different environments, language barrier amongst others in their period of learning.
In his words, “We are building capacity and capability, but we are not limiting the utilization of this capacity to the Nigerian maritime and oil gas industry. The training is the type that will take you to other countries and different ports and therefore commitment is very critical, because the standard in view is a global factor, not Nigerian factor.”
Speaking further, he commended Stoilic Shipping for their commitment to the programme and re-emphasized the Board’s drive to the sustenance of the partnership.
On her part, the Executive Director of Stoilic Shipping, Mrs. Irene McFoy, charged the cadets to “change the dynamics of shipping companies not wanting Nigerian seafarers by stepping up the standards.
She assured the cadets that the company and its technical partners would take them through many training modules and placed them on ocean-going vessels, where they must start preparing for their CoC.
Mcfoy also urged the trainees to interact, be humble and learn from their teachers, comply with the rules, safety guidelines and all given ethical values of the maritime profession and their particular field.
According to her, the company, as a major private sector leader, “wants Nigeria to be one of the foremost countries supplying seafarers to the international maritime industry just like the Philippines.”
Noting that at least 28 per cent of the Philippines’ revenue comes from seafaring, McFoy, who was in charge of the cadet training at the Nigerian Maritime Administration and Safety Agency (NIMASA) before retiring, insisted that “there is nothing stopping Nigeria from being the best, or even better than the Philippines.”
She commended NCDMB for the partnership and re-emphasized that Nigeria is a littoral state, that has the manpower and the intelligence. She said that all the country needed is to get these students properly harnessed and Nigeria will do very well in the maritime sector.
Also, the Managing Director of Stoilic Shipping, Mr. Lotanna, urged the cadets to write their names in gold and always remember where they are coming from, he charged them not to be discouraged and tired and to always remember that there are many fellow graduates out there who yearn for this opportunity.
Energy
Dangote Partnership: MRS Urges Nigerians To Insist On N935/Litre Petrol Price Nationwide
MRS Oil Nigeria Plc, a prominent player in the Nigerian downstream oil industry, has implemented a new petrol price of N935 per litre across all its retail service stations nationwide.
The company has also called on Nigerians to monitor and report any outlets that fail to adhere to the new price structure.
Biztellers reports that this is consequent upon an announcement by the President of Dangote Industries Limited, Aliko Dangote, that the Dangote Petroleum Refinery has partnered with MRS Oil and Gas to offer petrol at N935 per litre at retail outlets, following a reduction in the ex-depot price from N970 to N899.50 per litre.
ALSO READ: Dangote Slashes PMS Price To N899.50k
It was gathered that MRS Oil Nigeria Plc has instructed all its outlets to implement the new price immediately, setting up a digital platform and monitoring team to ensure full compliance.
In a statement on Monday night, the company declared, “Petrol is now being sold at N935 at MRS Filling Stations nationwide. If you find any station not following this price, please report it. Call 08009447853 or email: NG-FMKPMGWHISTLEBLOWING@NG.KPMG.COM”
Emphasising the eco-friendly nature of its products, MRS Oil added, “We call on all petrol station owners to join MRS Oil Nigeria Plc in improving the supply chain of our beloved country, ensuring product quality and availability in every corner of Nigeria for the benefit of all Nigerians.”
In Lagos, commuters were seen queuing at MRS filling stations to purchase petrol, with many expressing their gratitude to the Dangote Petroleum Refinery and MRS Oil and Gas, urging other marketers to support the indigenous refinery rather than import off-spec products into the country.
A commuter at the MRS station at Alapere on the Lagos Ibadan Express way, Ibukun Phillips, could not hide her joy as her husband filled up their car.
“I am very happy today. This is a victory for Nigeria,” she said. “The price reduction is the best gift of the season. But beyond just the reduction, we are buying standard, eco-friendly petrol at a lower rate. My husband and I have decided we will only be using MRS from now on because we are confident in the quality of the product and supporting the economy.”
A commercial bus driver, Adio Ajibade described the price reduction as a great relief, especially during the festive season.
“The reduction is a great relief. It will reduce transportation costs and benefit Nigerians. God will continue to bless Alhaji Aliko Dangote,” he said.
A public affairs analyst and university lecturer, Dr. Tunde Akanni, said the collaboration between Dangote Petroleum Refinery and MRS Oil represents a significant step towards improving the affordability, quality, and sustainability of petroleum products in Nigeria.
According to Dr. Akanni, “this move will not only help ease the financial burden on Nigerians but also promote a more environmentally conscious approach to fuel consumption, benefitting both the economy and public health in the long term.”
Energy
FDI: Shell To Invest Billions Of Dollars On Nigeria’s Bonga North Oil Field
As a direct implication of the Federal Government’s Foreign Direct Investment drive, the Royal Dutch Shell has completed the final investment decision on the deep offshore Bonga North project in Nigeria.
Biztellers reports that the Bonga North will be a subsea tie-back to the Shell-operated Bonga Floating Production Storage and Offloading (FPSO) facility which Shell operates with a 55% interest.
Shell’s Integrated Gas and Upstream Director, Zoë Yujnovich, said, “This is another significant investment, which will help us to maintain stable liquids production from our advantaged Upstream portfolio”.
ALSO READ: OGUNCCIMA Commends Dangote Refinery’s Impact
It was gathered that the Bonga North project involves drilling, completing, and starting up 16 wells (8 production and 8 water injection wells), modifications to the existing Bonga Main FPSO and the installation of new subsea hardware tied back to the FPSO.
The company is optimistic that the project will sustain oil and gas production at the Bonga facility.
The Bonga North currently has an estimated recoverable resource volume of more than 300 million barrels of oil equivalent (boe) and will reach a peak production of 110,000 barrels of oil a day, with first oil anticipated by the end of the decade.
In addition, the Bonga North will help ensure Shell’s leading Integrated Gas and Upstream business continues to drive cash generation into the next decade.
Energy
Chevron Nigeria Bags ‘Energy Company Of The Year For Environmental Sustainability And CSR
Chevron Nigeria Limited (CNL), has received an award as “Energy company of the year (2024)” for its Environmental Sustainability and Corporate Responsibility accomplishments.
The award presented by the Nigerian News Direct newspaper, on Friday December 6, 2024, and was received by Manager Communications, Chevron Nigeria and Mid-Africa Business Unit, Victor Anyaegbudike, at a colourful event at the Grand Ballroom of the Oriental Hotel, Lagos.
ALSO READ: Stakeholders Hail NCDMB As Local Content Level Hits 56%
The organizers of the award noted that Chevron has implemented the “Protecting People and the Environment” policy, which aims at preventing injuries, illnesses, and environmental incidents. They also referenced that the company has achieved 97% gas flaring reduction in its operations in Nigeria, while implementing waste management and environmental conservation programs.
According to the media organization, Chevron Nigeria has also invested millions of dollars in community development programs, supporting education, health and economic development initiatives that have benefited thousands of people, while ensuring diversity, inclusion, and employee engagement in its business operations.
Receiving the award from the Lagos State Commissioner for Information and Strategy, Gbenga Omotosho, Anyaegbudike thanked the organizers for the honour, and reiterated Chevron’s commitment to continue to develop, affordable, reliable and ever-cleaner energy that enables human progress around the world.