Pan Ocean awards multi-billion naira contract to Fenog

Pan Ocean Oil Corporation (POOC), has awarded a multi-billion naira contract for the construction of a 67-kilometre Amukpe-Escravos pipeline project (AEPP) to Fenog Nigeria Limited.

The award of the contract, according to the company, which is an indigenous company, is propelled by the need to encourage alternative field production potential of exploration and production companies and infrastructure development for the country.

Pan Ocean, the operator of the Nigerian National Petroleum Corporation (NNPC)/Pan Ocean Joint Venture, said the contract which involves installation of 20" pipeline across the 67 kilometres route, would have capacity to handle 160,000 barrels of oil per day (bopd) with remote manifolds to accommodate third parties’ crude oil evacuation to the Escravos.

Oil company chief tasks President Jonathan on Industry Law

The Executive Director of a leading local oil servicing firm, FENOG Nigeria Limited, Mr. Matthew Tonlagha has expressed confidence in the Local Content Act but urged President Goodluck Jonathan to put more steam to make it work just as the Local Content Board has once again showered praises on the company for leading the way in the Local Content drive.

Speaking in Warri, Delta State when the Edo/Delta States Coordinator of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Temi Jemide visited the fabrication yard of FENOG Nigeria Limited on inspection, Mr. Tonlagha whose firm has invested so much on equipment, lamented that the Local Content Act was crawling and that this was not good enough and implored the President to inject the needed life into it as they had confidence in it..

NCDMB boss, Engr. Ernest Nwapa on July 19, 2011 commissioned the newly acquired HDD500 by FENOG Nigeria Limited, the country’s major player in the Oil and Gas industry and just five days ago, FENOG’s Offshore Pipelaying Derrick Barge (Akpevweoghene) arrived the famous Tema Port, Ghana with efforts being made to receive it at FENOG’s Industrial Yard and Water Front, Warri, Delta State.

Nigerian content: Fenog’s $40m response

What I simply want to do is to congratulate Fenog as a company and to congratulate Mathew Tonlagha and Zenith Entrepreneur and say that Nigerians should really be proud that things like this are happening in the country. I know that 18 years ago it would not have been possible and attractive for a Nigerian to go out and say he wanted to buy this kind of equipment because he would run out of business even before starting. But I thank God that with the new vision of the President on the Local Content, Nigerians can now boldly say we want to participate, not as agents, not as leasers and borrowers of equipment, but as owners of equipment. So, we thank God and congratulate you over and over again”.

 This was the statement of the Executive Secretary and Chief Executive Officer, Nigerian Content Development and Monitoring Board, Engineer Ernest Nwakpa during an inspection of facilities and commissioning of a multi-million dollars Horizontal Directional Drilling (HDD) rig 250 and 500 of an indigenous oil servicing company, Fenog Nigeria Limited in Warri, Delta State.

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