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30 YEARS AFTER, NESTOIL CONTINUES TO LEAD INNOVATION IN LOCAL CONTENT

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3 years ago

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If the story of Nigerian local content will be told, the impacts of the Nestoil Group will be a recurring theme of any such discussion. This is because, since its entrance into the oil and gas sector in 1991, 19 years before the enactment of the Nigerian Oil and Gas Industry Content (NOGIC) 2010, all of its activities has been to grow the sector for the economic development of the country.

From a staff strength of about 10 persons when Nestoil started from a one-room office on Idumagbo Avenue on Lagos Island in 1991, after its founder Dr Ernest Azudialu-Obiejesi had decided to give up his trading business to chart a new course in his entrepreneurial journey – the Oil and Gas industry, it has grown into a conglomerate with more than 1,500 employees.
The Nestoil group now renders services across the Oil and Gas Pipeline Construction, Pressure Vessel Manufacturing, Civil Construction Works, Dredging, Horizontal Directional Drilling, Major Steel Fabrication, Aviation, Exploration & Production, Drilling, Engineering and Dry-Docking Services.

It would be recalled that when Azudialu-Obiejesi ventured into the Oil & gas industry, Local Content in the industry was still a fantasy. He saw the landscape move from a tranquil one to a stormy one with locals demanding more say in the mining of “black-gold”.

After nearly 20 years of literarily weathering the storm alone in an industry dominated by foreign service companies, the government finally signed the Nigeria Content Bill into law and set up the Nigeria Content Development and Monitoring Board (NCDMB) as a watchdog to enforce compliance and protect the interest of local players in the industry. This has seen the emergence of new indigenous players in the Oil and Gas ecosystem. The Nestoil Group Chairman did not need an enabling law. He dared to thread where others had failed.
Leading Local Content with Innovation
With the reputation of creating novelty from challenges and which has been passed to all staff as the company culture, it wasn’t totally a thing of shock to observers when Nestoil -through one of its strategic business units, Neconde – announced the landmark Alternative Evacuation System (AES) to combat the incessant crude oil thefts and system shutdowns caused by vandalism.

In the last 47 years, oil-producing companies have used the 200km-long Trans Forcados Pipeline (TFP) in transporting crude oil to the Forcados Oil Terminal. However, frequent shutdowns due to vandalism and oil theft as well as technical challenges on the TFP have made many producers unable to meet export targets, with some of the crudes also stolen. This is what AET was created to address. This innovation was an accidental discovery due to one of the regular system shutdowns on the TFP that almost derailed the trajectory to grow their production to 60,000 barrels of oil per day, after crossing the 50,000-mark in February 2016.

Though the repairs eventually took 16 months before the pipeline could come on stream, the combination of technology, logistics and then resilience from the team made the AET possible which kept them in business.
This could have looked impossible during the conceptualization but the doggedness of the founder that is visible from top management to the last worker has earned the Nestoil brand the ‘’King of the Swamps’’ appellation. This came about due to past projects done exceedingly well.
One of such is the Shell Nembe-Cawthorne Channel Trunk Line Replacement Project (NCTL) project. This was the largest single pipeline construction under the SPDC Joint Ventures Asset Integrity Programme that replaced more than 1000km of deteriorated major pipelines and flowlines in Nigeria. The 97km Package A of this project was executed by Nestoil under the leadership of Dr Azudialu-Obiejesi. This project involved major construction in a harsh mangrove swamp terrain and traversed 3 cluster communities and hundred autonomous communities in both Bayelsa and Rivers state of Nigeria. Nestoil completed this project one month ahead of schedule without a single fatality. 99 per cent of the workforce in this project were Nigerians including the Project Manager. This pipeline can evacuate about 600,000 barrels of crude oil per day.

The Shell Kolo Creek Trunk Line (KCTL) Replacement Project is another project that validates the brand’s doggedness and innovation. This project, which is a first of its kind involved a method of pipeline installation that preserves the delicate natural environment of the Niger Delta. It is well known that the Niger Delta is an incredibly well-endowed ecosystem that contains one of the highest concentrations of biodiversity in addition to supporting abundant flora and fauna and more species of freshwater fish than any ecosystem in West Africa. The fact that this pipeline was laid by Nigerian engineers without disrupting this unique environment is quite remarkable.
One project that may have thoroughly tested Nestoil’s resolve to deliver at all times is the Obiafu, Obrikom, Oben (OB3) gas pipeline. The parts of the project Nestoil is working on are the swampy areas starting from Omoku, Rivers State to Delta State. The entire area goes underwater in the rainy season hampering work on the pipeline. Part of the Nestoil scope is to cross the 48-inch diameter pipeline under the bed of the River Niger for over two kilometers. This has never been done anywhere in Nigeria but Azudialu-Obiejesi is confident that despite setbacks, Nestoil will deliver on this project sooner rather than later.
The 48-inch diameter and 67-kilometre long gas pipeline is the largest gas pipeline in Nigeria and it’s expected to boost domestic gas supply by two billion standard cubic feet per day (bscf/d) when it begins operation.
The activities of Nestoil and its subsidiaries like Energy Works Technologies (EWT), IMPaC, B&Q Dredging, Hammakopp Consortium, Scorpio Drilling, Neconde Energy, Nesthak, Shipside Drydock, Gobowen E&P, and Century Power Generation Limited – in the energy ecosystem, has led observers to call it the local content success story.
The various well-equipped SBU’s, fuelled by the local content act, were created at different fora during the evolution of the oil and gas sector, according to Azudialu-Obiejesi, upon the identification of insightful business opportunities from needs that did not have readily available or sufficient in-country solutions.
Next 30 Years
The next 30 years will surely be more interesting as the company is set to proffer more workable solutions to the economic development of the country.
Through the execution of the various projects, the expertise and technical know-how of Nestoil and its staff have greatly improved that it is trusted by IOC’s and local partners to deliver on its mandate, no matter the tough terrain where the projects are located.
After nearly 30 years of running the business, Dr Azudialu-Obiejesi believes it is time to hand over to the next generation. His shoes may appear too large to fill but he disagrees. He says he has seen enough talents within his pool of employees that are driven by uncommon passion – a restless spirit seeking answers to Nigeria’s engineering and technology challenges, especially in the Oil and Gas industry.

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Sahara weekly online is published by First Sahara weekly international. contact [email protected]

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

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14 hours ago

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December 21, 2024

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Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

 

By Solanke Ayomideji Taiwo

 

 

In a heartfelt message, The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, has extended warm festive greetings to Christians in Abeokuta South, Ogun State, and across Nigeria as the nation embarks on the joyous celebration of Christmas.

 

Director General NSC, Bar. Bukola Olopade Extends Christmas Greetings to Christians in Abeokuta South and Across Nigeria

 

Recognizing the significance of this time of year, Olopade emphasized the essence of unity, love, and gratitude that the Christmas season embodies. He urged citizens to reflect on the virtues of compassion and generosity, which are particularly vital in fostering peace and harmony in communities.

 

 

 

“Christmas is a time for joy, reflection, and togetherness. It reminds us of the values of love and kindness, which are fundamental to our social fabric,” said Olopade. “As we celebrate this festive season, let us remember those in need and extend a hand of support to one another.”

 

 

The Director General of the National Sports Commission (NSC), Honourable Bukola Olopade, acknowledged the challenges that many have faced over the past year, including economic hardships and social unrest, yet he expressed optimism for the future. “In the spirit of Christmas, let us embrace hope and look forward to a brighter tomorrow. Our unity and resilience can overcome any challenges we face.”

 

 

 

Olopade also highlighted the importance of sports in promoting peace and national unity, noting that the NSC is committed to fostering an inclusive environment where all Nigerians can participate in sports and recreational activities. He encouraged communities to engage in sports events during the festive period as a means to strengthen bonds and celebrate togetherness.

 

 

 

As part of his Christmas message, Olopade called on everyone to prioritize the welfare of others, particularly the less fortunate. He urged individuals and organizations to consider charitable acts that can uplift those in need during this season of giving.

 

 

 

In closing, Bar. Bukola Olopade wished all Nigerians a Merry Christmas filled with love, peace, and joy. He expressed hope that the spirit of the season would inspire a renewed commitment to community service and cooperation among citizens.

 

 

 

As the festivities continue, the Chairman’s message resonates with the values of compassion, unity, and hope, encouraging all to celebrate the true meaning of Christmas.

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

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14 hours ago

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December 21, 2024

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Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

 

…As Dangote Refinery partners MRS to sell PMS at N935 per litre nationwide at its retail outlets

 

 

Sahara Weekly Unveils That The Foremost entrepreneur and President of the Dangote Industries Limited, Aliko Dangote has commended President Bola Ahmed Tinubu for the positive impact of the naira for crude swap deal on the Nigerian economy, which has led to reduction in prices of petroleum products in the country.

 

Dangote Hails Tinubu on Impact of Crude for Naira Swap Deal

 

To provide succour to Nigerians, Dangote recently reduced the price of Premium Motor Spirit (PMS) from N970 to N899.50 at its Refinery loading gantry and provided generous credit terms to marketers.

 

 

“To ensure that this price reduction gets to the end consumer, we have signed a partnership with MRS to sell petrol from its retail outlets nationwide at N935 per litre” he added. This price has already commenced in Lagos, and it will be offered nationwide from Monday.

 

 

In his statement, he called on other oil marketers such as the NNPC Retail and all other marketers, “to work with us to ensure that Nigerians enjoy high-quality petrol at discounted prices.”

 

 

According to him, “The Dangote Refinery is for the benefit of Nigeria and Nigerians. We will therefore continue to work with various value chain players to deliver high quality petrol at cheaper prices. Our aim is for all Nigerians to have ready access to high quality petroleum products that are good for their vehicles, good for their health, and good for their pockets.

 

 

Recall that in September, the Federal Executive Council (FEC) under the leadership of Mr. President approved the sale of crude to local refineries in Naira and corresponding purchase of petroleum products in Naira. The move, which commenced on October 1, led to reduced pressure on the dollar and ensured the stability of the local currency.

 

 

Dangote thanked Nigerians for their unwavering support and the government for creating an enabling environment for the domestic refining industry.

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religion

Prophecy for 2025: A Year of Vengeance, Harvest, and Divine Shifts By Pro. Kingsley Aitafo

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15 hours ago

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December 21, 2024

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Prophet Kingsley Aitafo's Prophecy Fulfilled: Alhaji Muyideen Bello Passes Away

Prophecy for 2025: A Year of Vengeance, Harvest, and Divine Shifts By Pro. Kingsley Aitafo

 

 

Sahara Weekly Reports That Prophet Kingsley Aitafo, under the grace and spiritual leadership of His Eminence Rev. Pastor Samuel Belehou Oshoffa, founder of the Celestial Church of Christ, has unveiled 25 prophecies for the year 2025. These revelations call for vigilance, prayer, and alignment with divine purpose. Below is the detailed list of the prophecies:

 

 

1. A Year of Divine Justice

2025 will be a year of vengeance upon the wicked and a season of abundant harvest for the righteous. This is a time for reflection and spiritual alignment.

 

2. Weather Disasters to Pray Against

The world must unite in prayers against severe weather disasters, including excessive winds, water overflow, floods, earthquakes, and tsunamis. These natural calamities threaten to disrupt lives and properties globally.

 

3. A Major Technological Advancement

WhatsApp is predicted to receive a significant upgrade, potentially integrating email functionalities. This innovation will redefine digital communication.

 

4. Nigeria’s National Football Team

The Nigerian national football team should be prayed for, as a painful defeat could occur.

 

5. A Great Man of God in Danger

One of the most celebrated men of God is at risk of sudden death. Prayers are needed to avert this tragedy.

 

6. Sunday Igboho

The activist should be prayed for to avoid heart-touching news that could cause widespread concern.

 

7. Nnamdi Kanu

Freedom is within reach for Nnamdi Kanu, but prayers are needed to ensure he lives to see it.

 

8. Fire Disasters Worldwide

Serious fire disasters are foreseen and must be prayed against to protect lives and properties globally.

 

9. NYSC and PHCN Reforms

The National Youth Service Corps (NYSC) and the Power Holding Company of Nigeria (PHCN) will be empowered and reshuffled for greater effectiveness.

 

10. Global Police Forces

The police worldwide are warned of potential brutal revolts from the masses. Prayers are needed to prevent such events.

 

11. African Nations and Coups

Several African countries are advised to pray against unexpected coup plots.

 

12. Goodluck Jonathan’s Political Path

Former President Goodluck Jonathan is encouraged to follow God’s leading and refrain from contesting future elections.

 

13. Changes in EFCC

The Economic and Financial Crimes Commission (EFCC) will be more empowered, but significant transformations will occur within the agency.

 

14. Passing of Aged Leaders

Several aged ex-presidents, traditional rulers, and military leaders will pass on in 2025.

 

15. New Religious Leaders

New leaders will emerge in white garment denominations and the Catholic Church, marking significant transitions.

 

16. Churches in Danger of Scandals

Great churches like RCCG, Winners Chapel, Christ Embassy, Mountain of Fire, and COZA are urged to pray against confusion and scandals that could lead to divisions.

 

17. Exposure of False Churches

Churches that operate under the guise of Christ without genuine faith will be exposed.

 

18. Protection of Yoruba Entertainers

Yoruba actors and actresses should pray against strange illnesses, while English-speaking entertainers must pray against sudden deaths.

 

19. Plane Crashes

A major plane crash could occur, causing widespread pain. Prayers are needed to prevent this disaster.

 

20. National Unity in Nigeria

Despite ongoing agitations, Nigeria will remain undivided.

 

21. The Monarch and Pope’s Seat

Prayers are required to prevent sudden vacancies in the monarchy of England and the papal seat.

 

22. Deadly Disease and Global Conflict

A new, more deadly ailment than COVID-19 and the potential of a mini-war loom on the horizon. The world must unite in prayer to avert these crises.

 

23. Rising of True Last-Day Churches

The emergence of last-day churches will bring forth spiritual giants and miraculous powers reminiscent of the apostles of old.

 

24. Business Tycoons in Nigeria

Successful Nigerian business magnates should seek divine protection against untimely death.

 

25. Christ’s Return is Near

Finally, Prophet Kingsley reminds the world that the return of Jesus Christ is near. Embracing holiness and righteousness is the only path to prepare for His coming.

 

Prophet Kingsley’s prophecies serve as a divine reminder for individuals, nations, and institutions to seek God’s guidance and protection. Let 2025 be a year of faith, reflection, and readiness for what lies ahead.

 

Let us watch, pray, and align with God’s will.

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