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PRESS RELEASE – PETAN PAYS COURTESY VISIT TO GCEO, NNPCL

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The CGEO of the Nigerian National Petroleum Company Limited NNPCL, Mr. Mele Kyari has commended PETAN for outstandingly leading the Local Content Agenda in the country and within the continent and urged the body to support the newly transformed private energy company in its energy transition process.

Mr. Kyari spoke while receiving PETAN’s top executives led by the Chairman, Nicolas Odinuwe, who paid him a courtesy visit at the NNPC Towers, Abuja, to seek deeper collaboration in business as well as seek support of the NNPCL for her annual flagship programmes, the Sub-Saharan Africa International Petroleum Exhibition and Conference, SAIPEC, whose seventh edition comes up next week in Lagos, and the Nigerian Pavilion at the Offshore Technology Conference, OTC, coming up in May 2023 in Houston.

The NNPCL Boss thanked PETAN for the excellent way they have been organizing and hosting both events and promised to continue to support the Association and her programmes as they have always done. On the energy transition, he said that it requires all stakeholders to be alive to the responsibility of collaborating to ensure a swift and successful one for the benefit of Nigerians.

“As a newly transformed private energy company”, he said, “our focus is now on the development of gas as a transition fuel, along with its infrastructure, and facilities are being put in place to facilitate production, domestic utilization and supply, both locally and internationally. With so much going on, there is tremendous opportunities for business which we, as a company now engage professionals for on the basis of competence and transparency”.

Mr. Kyari added that all challenges currently being faced in the oil and gas industry in the country are being worked on assiduously with the aim of getting them speedily resolved and already, efforts are paying off with the returning of investors and acquisition of projects.

Pledging NNPCL’s continued support for the SAIPEC and OTC, Mr. Kyari said that NNPCL “will be at SAIPEC in the most conspicuous stand as a show of support, and as for OTC, we recall assigning PETAN with the organizing and hosting rights, and we are happy with what you’ve been doing for NNPC at the OTC, which is a marked event for attendance for us every year”.

In his earlier remarks, Chairman of PETAN, Mr. Nicolas Odinuwe, congratulated the NNPCL on its new status as a private sector company and commended its efforts in curbing oil theft and pipeline vandalism and which has seen Production and revenue rise, air pollution greatly reduced in impacted host communities.

He also congratulated the NNPCL over recent acquisitions, adding that it would bring about business opportunities for industry stakeholders, especially local service providers, to thrive.

“As a strategic partner, we are here to intimate you officially of our flagship programs; SAIPEC (13-16 February in Lagos) and the OTC (1-4 May 2023 in Houston). Both organized and hosted by PETAN annually and in strategic partnership with NNPC Ltd and the Nigerian Content Development and Monitoring Board (NCDMB). Thank you for accepting to attend SAIPEC. These happens to be our funding sources in addition to PETAN membership dues, donations, and sponsorships.

“As part of PETAN’s commitment to ensuring Nigeria’s leading role of championing positive developments in the oil and gas industry across the continent, especially with gas as our transition fuel, the deepening of local content in the energy ecosystem, next week, we look forward to your usual support and participation along with regional leaders from over 20 countries plus 4000 participants and exhibitors at SAIPEC, which we can proudly say, has become the largest oil and gas event in Sub Saharan Africa. Aside from your valuable insights on the Nigerian oil and gas industry as well as updates on ongoing and upcoming projects in your keynote address at the opening ceremony, we also anticipate NNPCL’s participation at the world-class exhibition, and the reserved NNPC stand to showcase Nigerian excellence, as well as in continuation of our partnership.

“The innovative Nigerian Pavilion at OTC now include an African suite, and a veritable platform for presenting the vast array of opportunities in the energy, oil and gas and its linkage sectors to the world. These act to catalyze business for Nigerian industry stakeholders, to improve their operations and attract investments.

“The Nigerian pavilion at OTC is also a legacy, which, from historical facts, PETAN has been holding in trust for NNPC and Nigeria for over 15 years.

“I recall that PETAN & NNPC started a collaborative partnership few years ago. We request that you revisit and make the partnership work. As a premier service sector association, with services cut across the entire value chain, we now have a PETAN vehicle to partner and collaborate with NNPC Limited.

“Thank you for your continuous support for PETAN as a critical stakeholder in the oil and gas industry in Nigeria. With projects, comes opportunities for the local service industry, We implore you and the team to allow for more beneficial projects and acquisitions to come on stream both within and outside Nigeria. We also think that NNPC Limited should bid and acquire acreages /blocks in other climes to provide opportunities for the competent capacities and capabilities within. The Nigerian service industry should be involved in these projects including the Nigeria-Morocco gas pipeline and others.

“As a premium Association of professionals in the oil and gas industry offering services across the value chain, PETAN now has the vehicle to collaborate and offer local services to, and with the NNPCL, and we urge a deeper collaborative partnership with the NNPCL to get more done seamlessly.”

The PETAN delegation consisted of the Chairman, Mr. Nicolas Odinuwe; Conference Chairman, Mr. Chinedu Maduakoh; Treasurer, Mr. Eloka Ejeh; Assistant Secretary, Mrs. Edith Akwaeke; Member and MD, Amazon Energy, Mr. David Olayinka Oluwatimehin and Executive Secretary, Mr. Kevin Nwanze, while the NNPC team constituted the GCEO, Mr. Mele Kyari; EVP Midstream & Downstream, Mr. Yemi Adetunji; EVP Gas & Power, Alh. Abdulkabir; CFO & Board Member, Alh. Umar Ajiya, Mr. Adokiye Tombomieye, amongst others.