shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Give Indigenous Firms Increased Opportunity In Oil/Gas Sector Services – Operator

Give Indigenous Firms Increased Opportunity In Oil/Gas Sector Services – Operator

by Joshua
February 14, 2022
in Oil and Gas

The Chief Executive Officer of Kenyon International West Africa Ltd., Mr Victor Ekpenyong, has appealed to oil firms in Nigeria to give opportunities to Nigerian companies to handle oil leak services.

Kenyon International West Africa Limited is an indigenous oil servicing company.

OIL AND GAS pix
Oil Workers Engaged In Oil Recovery And Well Control With The OML 29 Oil BLC While The 32 Day Leak Lasted.

Ekpenyong made the call in an interview in Yenegoa recently.

Ekpenyong spoke against the backdrop of local manpower and expertise deployed recently to contain an oil/gas leak at the Oil Mining Lease (OML) 29, operated by Aiteo Eastern Exploration in Nembe, Bayelsa.

He attributed the success of the local expertise to the enactment and implementation of the Nigerian Content Act 2010.

He said the Nigerian Content Development and Monitoring Board (NCDMB) has helped in building the capacity of Nigerian companies through collaboration between local players and Original Equipment Manufacturers (OEMs).

Ekpenyong said that prior to the Nigerian Content Act 2021, the OEMs dominated the scene and enjoyed monopoly on oil and gas projects that Nigerians had the potential to execute but were hindered by challenges.

He said that NCDMB had assisted Nigerian firms to overcome the challenges faced by local industry with the aid of the $500 million Nigerian Content Intervention Fund used to boost local capacity in oil and gas sector.

According to him, Santa Babra South Well 1, at OML 29 blew up on Nov.5, 2021 discharging thousands of barrels of Bonny Light crude blend into the Santa Babra River for 32 days.

After the incident, about 18,600 barrels of emulsified crude and water sediments were recovered from the site.

He said that Aiteo had approached Boots and Coots, a subsidiary of U.S. Halliburton, to plug the well but the firm was unable to mobilise its expatriate workforce due to the COVID-19 restrictions which compelled the operator to look for Keyon which handled the leak.

He said that the Nigeria Content Act 2010 enabled Nigerians in the oil and gas space to be in business as it reserved categories of jobs for them.

Read Also:  NNPC Records $224.29m Proceeds From Crude Oil, Gas Export In August

“These days, OEMs partner with indigenous companies which enables these companies to develop their capacity.

“It also has made some Nigerians in the Diaspora come back knowing full well that their expertise will be well utilised.

“Without a doubt, the implementation of this act has been a vehicle for talent development in the country.

“I would say it is a win-win situation. There are some jobs we still partner with OEMs to deliver. It has been an inclusive venture where we work together,” he said.

Ekpenyong, a member of International Well Control Forum, said there were available Nigerian technical drilling (expertise) services in piling, cold cutting, supply and installation of well head casing aside others.

According to him, patronising Nigerian firms creates more jobs and checks capital flight.

shippingposition

Kindly like us on Facebook


Tags: Kenyon International

Related Posts

Tinubu Vows Refinery Revival, CNG Expansion

Tinubu Vows Refinery Revival, CNG Expansion

August 17, 2026
OPEC Announces Increase In Oil Production

Nigeria Sustains OPEC+ Quota Compliance for Third Straight Month, Produces 1.67mbpd in July

August 17, 2026
Nigeria‘ll Expand Refining Capacity To Serve African Market – FG

Nigeria‘ll Expand Refining Capacity To Serve African Market – FG

August 17, 2026
Nigeria’s Daily Crude Oil Production Drops To 937,766 bpd In September

Nigeria Earns N24.02tn From Crude Exports in First Half of 2026

August 10, 2026

Discussion about this post

Latest News

Fake imports

₦13.6trn Imports Spotlight China, US, India, Others As Fake Goods Flood Nigeria

August 17, 2026

NPERA Act: Stakeholders Demand Effective Implementation, Stronger Protection For Shippers 

Import Duty Certificate Frustrates Green Transport Agenda, Freight Forwarders, Auto Dealers Lament 

N34tn Import Waivers: Stakeholders Seek Stricter Controls, Retain Legitimate Exemptions   

NDLEA Arrests India-Bound Bizman With Cocaine, Recovers N3.6b Colos, Codeine

Navy Again Disrupts Illegal Crude Oil Refining Sites In Rivers

OPINION: The Green Port Imperative: Beyond the Analogue Horizon (Part Four)

Nigeria Must ‘Fight’ Its Way Off The War Risk Insurance Premium List

MONDAY INTERVIEW: “National Single Window Is A Transformative Milestone; Stakeholders Must Support It”—Fwdr Eugene Nweke

Worms And Your Health

The Good Old Bitter Leaf

Freight Forwarder and Clearing Agent Compare

kindly like our Facebook page

Health

Your Stool Determines The State Of Your Health
Health

Your Stool Determines The State Of Your Health

August 10, 2026

In some laboratories, one cannot help but wonder why people queue always to submit stool samples. But, understanding your stool...

Some Health Benefits of Bitter Kola: Africa’s Natural Gift to Health and Wellness

Some Health Benefits of Bitter Kola: Africa’s Natural Gift to Health and Wellness

August 10, 2026
All You Need To Know About Hepatitis

All You Need To Know About Hepatitis

August 3, 2026
Intake Of Sugar, Sweet Things Cause No Erectile Dysfunction – Gynecologist

Intake Of Sugar, Sweet Things Cause No Erectile Dysfunction – Gynecologist

August 3, 2026
ABC Of Malaria

ABC Of Malaria

July 27, 2026
Billions Spent, Millions Still At Risk: Why Nigeria Remains World’s Malaria Capital

Billions Spent, Millions Still At Risk: Why Nigeria Remains World’s Malaria Capital

July 27, 2026
Mental Illness Is Medical, Not Spiritual Attack, Psychiatrist Emphasises

Mental Illness Is Medical, Not Spiritual Attack, Psychiatrist Emphasises

July 20, 2026
Fruits For Raining Season

Fruits For Raining Season

July 20, 2026
Diseases To Watch Out For During Rain and Flooding

Diseases To Watch Out For During Rain and Flooding

July 20, 2026
WHO Launches Campaign To Prevent Stem Rising Suicide In Africa

WHO Warns Global Cancer Cases May Hit 35m By 2050

July 13, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition