An oil service and fabrication company, Obijackson
Group, has appealed to all the International Oil Companies (IOCs) to implement
the local content laws enacted by the Federal Government.
Mr Simeon Tor-Agbidye,
the Assistant General Manager (AGM), Group Business Development of Obijackson
Group, made the appeal during a media interactive session with energy
correspondents in Lagos on Tuesday.
Tor-Agbidye said that
the IOCs which were yet to key into the implementation of the law should do so
because of the opportunities inherently in it for indigenous companies to
excel.
According to him, a
subsidiary of the Obijackson Group – Energy Works Technology Ltd – has
benefited from the implementation of the law.
Tor-Agbidye said that
the company was now fabricating part of the topside facilities of Total’s Egina
floating 200,000 barrels per day production, storage and offloading (FPSO)
vessel.
He said that the law
had recorded great success in creating home grown skills in the country’s oil
and gas sector of the economy.
Tor-Agbidye said that
the Nigerian Content Act had opened the floor for indigenous companies to prove
that they were capable of playing competively in the international oil and gas
scene.
He said that Nigerian
companies had the capacity to carry out contracts efficiently like other
foreign companies dominating the oil and gas sector of the Nigerian’s economy.
According to him, it
clearly means that the Nigerian Local Content Act is a success because Nigerian
companies, technicians and engineers have acquired expertise, and built
capacity which has increased indigenous participation in the Nigerian Oil and
Gas sector.
“With the Local Content
Act, we have made significant progress as a nation and assumed a position of
dignity amongst International Oil Companies (IOCs) and other players in the
sector which are the beneficiaries of our first-rate services,” he said.
Tor-Agbidye said that
before the implementation of the Local Content Law, Nigerian companies which
had competencies in the oil and gas business were marginalised, but the
situation was gradually changing now.
He said the
implementation of the Local Content Law had been quite impressive, stressing
that the compliance level by the International Oil Companies (IOC) has been
satisfactory to a reasonable extent.
He said that the Local
Content Act had been quite effective, useful and well cut out because it was
long due.
Tor-Agbidye said that
the Local Content Law had come to stay and the IOCs were effectively obeying
and implementing such laws.
“We have completed
scope for that project and a few weeks ago, we had a sail off for the Oil
Loading Terminal (OLT) piles for the project.
“We sailed them off to
South Korea where they will be integrated on the FPSO. We have finished that.
“We are at the final
stages of completing K2s pipeline for Shell Petroleum Development Company
(SPDC).
“We are also
progressing smoothly with the pipeline. The project is an engineering,
procurement and construction contact for the 40kmx20 inches export pipeline to
re-route Kolo Creek gas to Soku Gas Plant,’’ he said.
Tor-Agbidye said that
the company had also made smooth progress with the OB3 pipeline, adding that
Obiafu/Obrikom–Oben was an EPC contract for the 64.5km x 48 inches gas pipeline
project.
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