NNPC lauds SNEPCo’s deep-water pioneering role in Nigeria

The Nigerian National Petroleum Corporation (NNPC), the government partner of the Shell Nigeria Exploration and Production Company (SNEPCo) has showered encomiums on the firm for its pioneering role in the deep-water sector of the Nigerian oil and gas industry.

Group managing director of NNPC, Maikanti Baru, described SNEPCo as a clear leader in deep water whose performance is exemplary. “SNEPCo is a trail blazer. They set the pace with the Bonga FPSO, being the first deep water exploration business in Nigeria,” Baru said.

He spoke at the presentation of ‘In Pursuit of Excellence,’ a publication of SNEPCo detailing the company’s entry into the offshore exploration in the Gulf of Guinea and how the venture has brought so much benefit to Nigeria and Nigerians in local capacity development and the growth of support industry, among others.

Managing director of SNEPCo, Bayo Ojulari, who presented the 90-page book to the NNPC leadership in Abuja , said the company was mindful of its pioneering role in deep-water exploration in Nigeria and would want others to learn from Shell group technical expertise to make Nigeria a leading oil and gas producing country.

In recognition of its pioneering initiatives in Nigeria, SNEPCo was in early 2018 honoured as the best Nigerian oil and gas company in technology and innovation at the maiden edition of the Nigerian International Petroleum Summit (NIPS) held in Abuja for pioneering in-country Subsea Tree Refurbishment, a remarkable feat in local capacity potential which resulted in significant savings.

This was the first time in the Nigerian oil and gas industry that a Subsea Tree was fully stripped down and refurbished locally with all its original functionality restored.

Source: Leadership