Connect with us

Energy

Nigeria @62: We’re proud of our contributions to Nigeria’s devt – Chevron

Published

on

Chevron Reports 8-Year High Earnings

Chevron Nigeria Limited, CNL, has said that it is proud of its partnership and contributions to the socio-economic development of the country.

The company disclosed this in a goodwill message by the Manager, Communications, Victor Chimaobi Anyaegbudike, to felicitate with Nigerians as the country marked its 62nd independence anniversary on Saturday.

According to the statement, Chevron has learnt through decades of operating in Nigeria that business success in providing affordable, reliable, ever-cleaner energy was directly tied to the progress and prosperity of the people.

Chevron Reports 8-Year High Earnings

The statement read: “It is for this reason that we have continued to demonstrate our commitment to building mutually beneficial partnerships and supporting the Federal Government’s Nigerian Content Development (NCD) policy aimed at building indigenous capacity in the nation’s oil and gas industry.

Chevron companies in Nigeria are at the forefront of promoting Nigeria’s ideals of NCD. The overall objective of Chevron’s Nigerian Content (NC) Strategy is to encourage the participation of Nigerian companies in the oil and gas industry through the deliberate creation of business opportunities for Nigerian service providers and suppliers.

Read also>>>World Environment Day 2022: Chevron Commits To A Sustainable Future

Our policy is driven by the vision to be recognized as the energy company that works best to foster competence and competitiveness among Nigerian indigenous contractors and suppliers, by adopting the participatory-partnership model.”

The company said it has implemented strategies for training, capacity building, and employment of Nigerians, as well as the provision of contracts and procurement opportunities to Nigerians on all projects in its operations.

We consistently demonstrate our commitment to empowering community contractors, service providers, and suppliers through developing human and institutional capacity, creating local jobs, developing, and sourcing from local suppliers, employing local workforce, promoting local patronage, and reserving work scopes to benefit local community contractors.”

The statement quoted Rick Kennedy, the Chairman/Managing Director of Chevron Nigeria, and Mid-Africa Business Unit, as saying: “We have helped in building the capacities of several Nigerian businesses by providing contracts and procurement opportunities to Nigerians on all projects in our operations. Chevron is also helping to grow the Nigerian economy by contributing to the development of communities in the areas of our operation. We do all this, not just because it is required by law, but because it is the right thing to do.

Chevron is proud to be a part of Nigeria’s socio-economic development. We will continue to help build Nigerian businesses through the harnessing of its tremendous human resources and capacity; and support for Nigerian Content policy of the Federal Government”.

Meanwhile, CNL has in the last 10 years, spent an estimated annual average of $1 billion on Nigerian suppliers and service providers. Chevron provides technical support, support for asset acquisition, and facilitates collaboration on research and development for local community contractors.

Some of its contributions to improved participation of local contractors in the Nigerian oil and gas industry include the following: 

  • Chevron facilitated the first assembled-in-Nigeria Subsea Horizontal Christmas Tree and the fabrication in Nigeria of Agbami production manifolds for the Agbami Phase 3 Project by FMC Technologies Limited /Aveon Offshore Nigeria Limited.
  • Chevron ensured the safe, timely and successful installation of subsea equipment like flexible flowlines, umbilicals, and jumpers by Marine Platforms Limited, a Nigerian contractor –. Chevron sponsored four Nigerian engineers for subsea engineering training in France, in partnership with NCDMB and Technip Offshore Nigeria Limited
  • Chevron trained six young Nigerian Engineers in subsea engineering at the FMC facility, Federal Ocean Terminal (FOT) Onne, Rivers State. In addition, five Nigerian Engineering graduates sponsored by Chevron, completed subsea training at Marine Platforms Limited in Port Harcourt.
  • Chevron recently facilitated the fabrication and assembly of two complicated Single-Point Mooring (“SPM”) buoys structures weighing ~300 tons each by Fenog Nigeria Limited (“Fenog”), an indigenous independent engineering company. The SPM buoys, are critical components of the Escravos Export System Project (“EESP”) scope, required to improve reliability of current JV offshore crude oil export facilities.
  • Chevron facilitated the fabrication and load out of offshore platform topsides and bridge connection for the Sonam Non-Associated Gas Well Platform (“NWP”) by Nigerdock Plc.; the fabrication and load-out of the Okan Pig Receiving Platform (PRP) topsides; bridge, fabrication of Okan PRP jacket by Globestar Company Limited, in partnership with Idmon Engineering and Construction Co. Limited; installation of 32km 24” Sonam to Okan NWP pipeline by West African Ventures Limited; and the coating of the pipes used for the Sonam Development Project and EESP by Pipe Coaters Nigeria Limited.
  • The Okan GGCP Debottlenecking project completed final heavy lifts and achieved 1,000,000 Manhours with zero serious injuries or fatality in collaboration with a Nigerian company, Prime Sources Limited (PSL), and its subcontractor, Ariosh Limited

Furthermore, in pursuance of its low carbon reduction and sustainable zero waste goals, CNL partnered with Lafarge Cement PLC to conduct laboratory tests locally on the suitability of cement kiln co-processing technology for stream of stored wastes as well as to determine the health and safety risks, if any.

Based on the success of the tests, CNL awarded a short-term contract to Lafarge to manage stored secondary waste generated from CNL incinerators as additional raw material in cement kiln processing.

Also, Chevron’s accomplishments in human capital development include the training fourteen earth science graduates under the 12-month skills acquisition programme initiated by NCDMB.

It offered scholarships to Nigerian seamen for dynamic positioning training at PEM Offshore Limited, a marine training facility with a 5-year contract worth $1 million and collaborated with the NCDMB to assist over six hundred community graduates to register in the Nigerian Oil and Gas Industry Content Joint Qualification System.

The company has also awarded a contract to a local consulting firm, Lonadek Nigeria Limited, to develop and pilot an industry-first capacity building initiative for drilling and completion professionals.

Energy

Dangote Partnership: MRS Urges Nigerians To Insist On N935/Litre Petrol Price Nationwide

Published

on

 

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.”

Continue Reading

Energy

FDI: Shell To Invest Billions Of Dollars On Nigeria’s Bonga North Oil Field

Published

on

 

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.

Continue Reading

Energy

Chevron Nigeria Bags ‘Energy Company Of The Year For Environmental Sustainability And CSR

Published

on

 

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.

Continue Reading

Copyright © 2022. Biztellers, powered by Alphaxristi.