Obijackson Group is an extensive business conglomerate with diverse cross-sector interests. It operates on three continents.
The Obijackson Group, one of the fastest growing business conglomerates in Sub Saharan Africa, has made vast investments in its operating divisions such as: Oil and Gas Exploration and Production, Pressure Vessel Fabrication, Power Generation, Dredging and Marine Logistics, Aviation, Civil and infrastructural construction, Real Estate and Telecommunications.
Obijackson Group employs over 3,000 people, with operations located across Nigeria, the United States of America and the United Kingdom.
Regardless of its size, the Obijackson Group is guided by sound corporate governance with a culture of integrity, transparency, accountability, innovation and excellence.
The Group aims to enhance long term value and prosperity by means of dynamic growth, selective acquisitions and exemplary management of resource
OTHER MEMBERS
Championing global standards of quality in the Nigerian industries is at the heart of the Obijackson Group . The structure of the Group consists of Strategic Business Units
(SBUs) that offer a broad range of services.
The Obijackson Group comprises of: Nestoil Ltd., Energy Works Technology Limited, B&Q Dredging Limited, Gobowen Exploration and Production, Century Power Generation Limited, Time Power Global Dynamics Limited, IMPAC Oil & Gas Engineering, Hammakopp Consortium Limited Netav Services Limited, Scorpio Drilling International, Shipside Drydock Limited and MyTelecoms Limited.
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Obijackson Group Corporate Profile
1. An indigenous questAn indigenous quest
for global energy
An indigenous quest
for global energy
Corporate Profile
w w w . n e s t o i l - l t d . c o mw w w . n e s t o i l - l t d . c o mw w w . n e s t o i l - l t d . c o m
2. We deliverWe deliver results,results,
notnot reasonsreasons
We deliver results,
not reasons
4. The
Obijackson
Group
DR E DG IN G
&QB GOBOWEN
Gobowen Exploration & Production Limited
HAMMAKOPP
H CONSORTIUM LIMITED
NESTHAK
NN
ii www.nestoilplc.com
5. Nestoil Limited is part of the Obijackson
Group of companies. Obijackson Group is
an extensive business conglomerate with
diverse cross-sector interests. It operates
on three continents.
THE OBIJACKSON
GROUP IN BRIEF
The Obijackson Group, one of the
fastest growing business
conglomerates in Sub Saharan
Africa, has made vast investments in
its operating divisions such as: Oil
and Gas Exploration and
Production, Pressure Vessel
Fabrication, Power Generation,
Dredging and Marine Logistics,
Aviation, Civil and infrastructural
construction, Real Estate and
Telecommunications.
Obijackson Group employs over
3,000 people, with operations
located across Nigeria, the United
States of America and the United
Kingdom.
Regardless of its size, the
Obijackson Group is guided by
sound corporate governance with a
culture of integrity, transparency,
accountability, innovation and
excellence.
The Group aims to enhance long
term value and prosperity by means
of dynamic growth, selective
acquisitions and exemplary
management of resources.
OTHER
MEMBERS
Championing global standards
of quality in the Nigerian
industries is at the heart of the
Obijackson Group . The
structure of the Group consists
of Strategic Business Units
(SBUs) that offer a broad range
of services.
The Obijackson Group comprises of:
Nestoil Ltd., Energy Works Technology
Limited, B&Q Dredging Limited,
Gobowen Exploration and Production,
Century Power Generation Limited,
Time Power Global Dynamics Limited,
IMPAC Oil & Gas Engineering,
Hammakopp Consortium Limited
Netav Services Limited, Scorpio
Drilling International, Shipside
Drydock Limited and MyTelecoms
Limited.
iii www.nestoilplc.com
6. Contact
details
Email: info@nestoil-ltd.com, info@nestoil-ltd.com
www.nestoil-ltd.com
www.twitter.com/nestoilltd
www.facebook.com/Nestoil.limited
1 www.nestoilplc.com
Houston, Texas:
4400 Post Oak Parkway
Suite 2530
Houston, Texas 77027
Tel: +1 713 773 9244
+1 713 773 9259
Fax: +1 713 773 9260
Akwa Ibom State:
Hammakopp Base
Uyo Airport Road,
ItukMbang,Uruan,
Akwa Ibom State
Anambra State:
Hammakopp Base,
Hammakopp Way,
By Madonna University
Onitsha-Owerri Expressway
Okija, Anambra State
Delta State:
67 Airport Road,
Warri, Delta State.
Nigeria.
Tel: +234 (0) 53 321108
Rivers State:
Nestoil Industrial Area
End of Okilo Road
Abuloma, Portharcourt, Rivers State.
Nigeria.
Abuja:
4, Nyasa Close, Mississippi Str.,
By Ontario Crescent,
Maitama, Abuja, FCT.
Nigeria.
Tel: +234 (0) 9 7812122
Corporate Head office (Lagos State)
Africa Re-building 4th Floor,
Plot 1679 Karimu Kotun Str.,
Victoria Island, Lagos.
Nigeria.
Tel: +234 (0) 1 2809886
7. Contents
1
2
4
5
6
7
8
13
17
18
19
20
2www.nestoil-ltd.com
Our Vision, Mission and Values
From the President
Introduction
History
Capabilities
Our Facilities and Equipment
Our Activities
Responsible Operations
Nestoil Towers
Other members of the
Obijackson Group
Our People
3
5
7
9
11
21
31
57
63
65
ii
71
Obijackson Group of
companies in brief
Notes81
8. To be the leading integrated services
and innovative solutions provider in
our chosen markets
To deliver innovative customer focused
solutions safely
VISION,
MISSION
AND VALUES
Nestoil's
vision is:
Nestoil's
mission is:
3 www.nestoil-ltd.com
9. Values
Our values are the code of behavior that guide
our day to day conduct as an organization.
They are at the heart of our organization and a
key element of how we operate.
Integrity
Innovation
Teamwork
Leadership
Excellence
4www.nestoil-ltd.com
10. 1 www.nestoilplc.com
Nestoil Limited has been innovating since our inception in 1991 as a beginner to the
oil and gas industry. Even though we are now a leading Engineering, Procurement,
Construction and Commissioning (EPCC) services provider in Nigeria, we are still
innovating.
FROMTHE
PRESIDENT
5 www.nestoil-ltd.com
11. 6
As I look back on our growth over the
years, I am very proud of what we have
achieved from our very first project till
date – with some of the largest pipeline
construction projects in the nation in
our portfolio. We have recorded great
accomplishments because we
understand the importance of
constantly evolving - in our capacity,
our technologies and corporate
governance structure – to remain at the
forefront of the industry.That spirit still
defines us till today.
2014 in Review
Earlier in 2013, we expanded our
engineering department with the
acquisition of IMPaC Oil and Gas
(Nigeria) Limited from its parent
company, IMPaC Offshore Engineering
in Germany. With the pedigree of both
Nestoil and IMPaC in their respective
core areas, this acquisition is a positive
development for the Nigerian Oil and
Gas industry.
“We have expanded our operations by
venturing into the intricate yet
fascinating and technology driven
world of HDD (Horizontal Directional
Drilling). In delivering this service, we
have created a special purpose vehicle
known as NESTHAK with a Dutch
company, A.Hak Drillcon, globally
renowned as one of the leading lights
in the drilling industry, as its technical
partner. NESTHAK as our HDD
services company is known is focused
and specialized in implementing
Horizontal Directional Drilling (HDD)
techniques in pipeline construction.
The vast knowledge of NESTHAK and
proven technical prowess of A.Hak
combines to offer the best of both
world's state of the art equipment and
techniques. With NESTHAK, clients are
provided with HDD that works.”
However in 2014, the company opened
new frontiers in the maritime sector
with the delivery of MV OKOSISI, a
5000ton Floating Dry dock. The
Floating Dry dock, to be operated and
run by SHIPSIDE, will provide state of
the art facilities for dry docking of
vessels in Nigeria. MV OKOSISI is
currently docked at Okrika Jetty ready
for dry docking operations.
Nestoil equally increased its
involvement and investment in the
aviation sector with construction of a
FOB (Hangar and Maintenance facility)
in Lagos and Port Harcourt respectively.
The Fixed Base Operations facility is
designed and built to compete with the
best any where in the world.
Project Outlook
Presently we are constructing the
following projects:
NNPC 48” X 127KM
OBIAFU/OBRIKOM TO OBEN
(OB3) GAS PIPELINE
CONSTRUCTION PROJECT
This is an EPC construction contract
awarded to NESTOIL in the 3rd
quarter of 2012. This ground
breaking project is the largest and
longest pipeline project ever
constructed in the history of oil and
gas in Nigeria. The OB3 Project as
it is known basically consists of
engineering, procurement, and
construction of 48 X 63 KM class
600 pounds, API 5L X 70, HSAW
(LOT A that was awarded to
NESTOIL) from Obiafo / Obrikom
CPF (Central Processing Facilities)
in Rivers State to Ogbe
Intermediate Pigging Station in Edo
State
Major outstanding: Completion of
welding and End facility installation
which include Metering, Pigging and
Compression stations, Civil,
Electrical, Instrumentation and
control Work
SPDC KOLU CREEK TO SOKU
(K2S) GAS PIPELINE
CONSTRUCTION PROJECT
The K2S EPC Project is a 20” x
40km gas pipeline from Kolo Creek
NAG Manifold to Soku Gas Plant.
The contract was executed on the
21th of June 2013.
Under the terms of the contract
and scope of work, Nestoil is
expected to carry out the
engineering, procurement,
construction, installation and
commissioning (EPCIC) of a
20–inch, 40-kilometre gas pipeline,
which would run from Kolo Creek to
Soku, in Bayelsa State
The Contract was awarded with a
lump-sum value of approximately
US$ 225 million.
PROGRESS STATUS:
Overall Project Spent Man Hour
at the end of year 2014 is
388,500.
Based on the revised schedule,
the target completion date is
25th December 2015.
Crude Condensate Storage
Settling Tank Revamp Project for
Mobil
The pipeline construction project
for re-entry into OML 42, which
involves:
8” Odidi-Export Manifold Pipeline
16” Jones Creek – Egwa 1 –
Export Manifold Pipeline
20” Odidi 2 Manifold – Keremo
Manifold Pipeline
8” Odidi 2 to Egwa 2 Manifold
Pipeline
24” CPF – ELPS
2” Gas Flowlines Jones Creek
4” Jones Creek Gas Flowline
Construction
4” Odidi Flowline Construction
We are executing these projects
according to plan and are nearing
completion on some of them.
Obijackson Group – Transformation
Project
The group has recently embarked on a
strategic transformation journey. This
process, in which the group is being
assisted by KPMG and Execution Edge,
started with a review of all the entities in
the group in order to ensure that they
are appropriately organized for proper
efficiencies. This was closely followed
by a revalidation and articulation of the
group’s strategy to guide the
Obijackson group through the next 5
years and beyond. As is typical, the
strategy workshop involved the Board
members as well as senior
management staff across the various
operating entities.
The strategic intent of the group is now
articulated and documented. Messrs
KPMG are currently designing the
policies, procedures and controls that
would enable the group meet the
articulated strategies. This includes the
design of appropriate governance
structures that would guide the group’s
operations on an ongoing basis and
ensure that they are in line with best
practices. It also involves the re-
organization of people, processes and
systems (including IT systems) to
ensure that the group continues on the
path of sustainable growth and
profitability across the next generations.
It is envisaged that this project would
be completed within the next 24
months
Dr. Ernest Azudialu-Obiejesi
www.nestoil-ltd.com
b.
c.
d.
a.
13. Nestoil Limited is a world-class Engineering,
Procurement, Construction and Commissioning
(EPCC) Oil and Gas company based in Nigeria. We
are BUREAU VERITAS ISO 9001:2008 certified
(UKAS & ANAB) in ENGINEERING, PROCUREMENT,
PIPELINE CONSTRUCTION AND ASSOCIATED
FACILITY, DREDGING, RIVER CROSSING AND
SHORELINE PROTECTION.
With over 3,000 employees in the group – 95% indigenous –
and a network of offices in 5 major cities across Nigeria (and
two more overseas); a state-of-the-art Operations Base in the
heart of the Niger Delta (in Abuloma, Port Harcourt, Rivers
States) – containing the largest pressure vessel/offshore
fabrication facility in West Africa, we are championing local
content in Nigeria.
Our scope and extensive project experience allow us to
deliver – on any terrain – on a scale that no one else can.
Over
3,000
employees
in the Group
95% indigenous
8www.nestoil-ltd.com
15. 10
Nestoil Limited started out as the Oil
and Gas arm of the Obijackson Group
in 1991. At the time, local participation
in the Nigerian Oil and Gas sector was
very limited. Nestoil's original focus
was blending and marketing
petroleum products, but the new
company was compelled by certain
factors to re-analyse its focus. The
spirit with which we overcame that
challenge has continued to define us
as a company till today.
Driven by a desire to create real value
as a Nigerian Oil and Gas company,
we boldly identified an opportunity
within the sector and reinvented
ourselves as an Engineering,
Procurement, Construction and
Commissioning (EPCC) services
company. Amid questions of whether
an all-Nigerian company had the
capacity, structure and organisation to
deliver on technically complex
projects, or the ability to amass the
best talent to aid its cause, we
persisted through several
disappointments and near-misses,
guided by a conviction that we were
on the right path.
The 'big break' was to come six full
years later, when Shell awarded
Nestoil a contract in 1997 to rebuild
its Waste Treatment Plant in Edjeba,
Delta State. We surpassed every
expectation with the completion of
the project – in terms of quality and
delivery time. We received a Shell
award for excellence in quality and
safety. Two other contracts quickly
followed:
The Opokushi Flowstation
Upgrade Works
The Otumara Flowstation
Debottlenecking Train 3 works
With their completion, Nestoil began a
tradition of success. Over two
decades later, we have become the
leading EPCC firm in the region and
first choice for industry leaders such
as Shell, Mobil and the Nigerian
National Petroleum Corporation
(NNPC). Nestoil has become a
successful enterprise with over 3,000
employees in the Group (at least 95%
indigenous) capable of world-class
project execution and ranks first
among indigenous companies of its
kind.
Turning challenges and complex
projects into commercial
successes is at the heart of
Nestoil's success story
“A first choice in EPCC
for industry leaders,
Nestoil has become a
successful enterprise
capable of world-class
project execution and
first among
indigenous
companies”
www.nestoil-ltd.com
17. We provide a complete project package from initial planning
through design, procurement, construction, installation and
commissioning to start up, operations and maintenance, and
if necessary, to outage/shutdown.
Our services include:
Pipeline/Flowlines construction, maintenance and
repairs
Horizontal Directional Drilling for Pipeline
Construction
Integrated Engineering services and consultancy
Equipment procurement, fabrication and installation
Production facilities-new build, upgrade, operations
and maintenance
Shipside Drydock services
Dredging
Pressure Vessel manufacture
Major steel fabrication
Logistics
Aviation Services and Allied Logistics
Nestoil Limited has
developed its technical
capabilities from executing
some of the biggest EPCC
projects in Nigeria
alongside the major IOCs.
12www.nestoil-ltd.com
19. Nestoil Limited created a special purpose vehicle
known as NESTHAK for the purpose of providing and
delivering Horizontal Directional Drilling (HDD)
solutions to the oil and gas industry. In implementing
HDD techniques in pipeline construction, NESTHAK has
engaged the support of A.Hak, a Dutch company
universally recognized as a leader in the drilling
industry, as its technical partner. The acclaimed
knowledge and expertise as well as the extensive
experience of this relationship combines to provide
state-of-the-art equipment, several years of practical
experience and HDD that works. NESTHAK is staffed by
one of the most experienced HDD crew in the world, has
two rigs and plans to deploy more rigs or Pipe Pushers
as it expands. The two HDD rigs consisting of one 400
ton and one 180 ton rigs ensures that NESTHAK can
comfortably work on two spreads simultaneously as
well as engage in intercept pullback while working on a
single spread. Additionally, NESTHAK equally offers in-
house measuring equipment and surveyors as well as
oil and gas industry internationally trained personnel.
These extensively experienced personnel have worked
successfully for some of the world’s best known clients
and users of HDD.
The 400 ton HDD Rig is involved in drilling operations on
Nestoil’s NNPC OB3 gas pipeline project.
14
NestHak
offers state-
of-the-art
equipment,
several years
of extensive
experience
and H.D.D
that works!
www.nestoil-ltd.com
21. 16
I
IMPaC Oil and Gas Nigeria Limited
has over 16 years of experience,
offering a broad range of
engineering and consultancy
services to the oil, gas and power
sectors of the Nigerian onshore and
offshore energy industry. IMPaC Oil
and Gas Engineering Ltd is a leading
engineering services firm formed as
the Nigerian arm of the larger 25
year old IMPaC Offshore Engineering
GmbH with head office in Hamburg,
Germany. The company's broad
based engineering disciplines
include process control and
instrumentation, electrical, telecoms,
automation, drilling, mechanical,
pipeline, piping, civil, structural, naval
and procurement.
IMPaC will continue providing
multiple services throughout all
phases of a project, from first
concepts via Basic Design, Front End
Engineering Design (FEED) and
Detailed Design & Engineering right
up to construction, commissioning
and operation.
Based on sound designs and robust
execution strategies, IMPaC
develops integrated solutions and
tailor-made systems utilizing:
Best proven technologies
Life cycle strategies
Overall quality management
Technical integrity
management
Modern operation and
maintenance concepts
“IMPaC's broad based
engineering disciplines
include process control
and instrumentation,
electrical, telecoms,
automation, drilling,
mechanical, pipeline,
piping, civil, structural,
naval and procurement.”
Nestoil Limited has acquired IMPaC Oil
and Gas Nigeria Limited. Following the
acquisition, IMPaC Nigeria is now
wholly owned by Nestoil but would
continue leveraging on the expertise
and experience of IMPaC Group
worldwide because of the technical
services support IMPaC offshore
GmbH will continue to provide.
www.nestoil-ltd.com
22. 17
SHIPSIDE DRYDOCK
LIMITED
Nestoil is expanding its
facilities with the new modular
floating dry-dock, constructed
by Damen Shipyards. With the
floating dry dock, Nestoil is
able to streamline its docking
a c t i v i t i e s a n d m e e t i t s
objectives for safe working
conditions, more competitive
prices, shorter lead times, high
quality craftsmanship and
overall reliability in client
service.
The Drydock has several
structural support facilities
which include Associated
W o r k s h o p s , S t o r a g e s ,
Warehouse, Cleaning Areas,
Offices, Training center and
Security. The MV Okosisi
Modular Floating Drydock is
currently located at Okrika
Creek, Port Harcourt.
www.nestoil-ltd.com
25. NestoAviaton
Services Limited
(Nestav)
Nesto Aviation Services Limited
(NestAv) started as an Aviation
logistics department under
Nestoil, created to service the
aviation logistics needs of the
company. However with the
increasing demands within and
outside the company, and the
desire to contribute to the
growth of the aviation sector,
NestAv is evolving into a full-
fledged, self-sustaining fixed
wing and rotary wing aviation
services company.
NestAv's current fleet includes
a Gulfstream GIV-SP 14 seat VIP
configured jet, a Sikorsky S-76
C+ 7 seat VVIP configured
Helicopter, and two Agusta
Westland AW-139 12 seat
spacious utility configured
helicopters. The company also
plans to take delivery of a 9
seat VIP configured Gulfstream
G200 by Q2 2015.
The company is constructing
two world-class Fixed Based
Operations (FBO) facilities in
Port Harcourt and Lagos
respectively, out of which it will
operate its flights. NestAv is
partnering with international
aircraft management and
maintenance companies in
order to ensure reliable and
safe operations, and is fully
positioned to offer safe,
reliable, comfortable and
quality charter services to VIP,
VVIP, and utility clients.
20www.nestoil-ltd.com
27. Our principal operations base was built by Julius Berger Plc.
We upgraded it to include a fabrication workshop, pressure
vessel manufacturing facility and jetty. The 59 hectare facility
has an extensive waterfront measuring 1.2 km in length, and
the capacity to harbour over 100 vessels of fuel and bunker
stations, floating bunker platforms with gangway, among
others. We have also included a steel warehouse to house
some heavy duty equipment such as welding machines,
light source machines, industrial generators, excavators,
dumpers and other components.
Nestoil has another operations base located in Warri in Delta
State. The base is located in a prime location of Warri – very
close to the airport. We also have a jetty in Edjeba, Warri,
Delta State. The jetty spans 50,000 square metres. Located
in a prime area as well, it provides easy access through the
waterways to the ocean and is another vital hub for receiving
our equipment.
Due to our rapid expansion and increased activity both in
construction and manufacturing/fabrication, we recently
constructed various tonnage of badges for movement of
heavy goods and equipment across the jetty.
In addition, we have offices in Lagos (Head Office), Warri,
Delta State, Uyo in Akwa-Ibom State and Port Harcourt,
Rivers State.
Nestoil Industrial Area, Abuloma, Port Harcourt
in Rivers State, Nigeria
Nestoil Industrial Area is built on 59
Hectares of Land.
It houses a Pressure Vessel
manufacturing facility that is UKAS and
ANAB ISO 9001:2008 certified, as well
as ASME U, U2, PP, S Stamps authorized.
It also includes a steel structures
fabrication workshop capable of
fabricating over 17,000 metric tonnes of
steel structures per annum with a
thickness of up to 130mm.
It has a prime waterfront jetty providing
easy access to the ocean.
It is powered by its own transformers and
generators.
With a capacity to harbor over 100
vessels, it is a major hub for receiving our
equipment.
22www.nestoil-ltd.com
28. EQUIPMENT
Nestoil has acquired a lot of
equipment used to carry out
all the projects it has
executed through the years.
We pride ourselves on full
ownership of all our
equipment. Our equipment
include a variety of Earth
movers, Marine Vessels and
Swamp equipment.
23 www.nestoil-ltd.com
32. 27
Pulling barge
with hydraulic
winch pulling
system used
for pipeline
river-crossing
www.nestoil-ltd.com
Cranes, Heavy lifting equipment, Excavators, Barges – For various intricate operations wholly
owned by Nestoil
36. Nestoil's experience covers
the entire value chain, from
oil and gas Engineering and
Procurement to Construction
and Commissioning.
The majority of our projects
are geographically
challenging, marked by
swampy and muddy terrains.
OURACTIVITIES
31 www.nestoil-ltd.com
38. Overview
Project: 48” diameter Gas Pipeline from Obiafu/Obikrom to Oben
Location: Rivers State/ Bayelsa State/ Delta State/ Edo State
Client: Nigerian National Petroleum Corporation (NNPC)
Terrain: Land (dominant) and seasonal swamp
33
PIPELINE
CONSTRUCTION
A. OB 3 PROJECT (LOT A)
www.nestoil-ltd.com
39. 34
OB3's 48” diameter gas
pipeline is the largest
pipeline ever constructed in
Nigeria, and the first phase
of Nigeria's Gas Masterplan.
We are currently
constructing LOT A, which
involves the Engineering,
Procurement and
Construction of the Pipeline
from Obiafu/Obrikom
Central Processing Facilities
in Rivers State to Ogbe
Intermediate Pigging Station
in Edo State.
www.nestoil-ltd.com
40. Overview
Project: 20” Gas Pipeline to reroute Kolo Creek Gas to Soku Gas Plant
Location: Bayelsa State
Client: Shell Petroleum Development Company SPDC
Terrain: Swamp
PIPELINE
CONSTRUCTION
B. K2S PROJECT
35 www.nestoil-ltd.com
42. Overview
Project: Nembe-Cawthorne Channel Trunkline Replacement
Location: Bayelsa State/Rivers State
Client: Shell Petroleum Development Company (SPDC)
Terrain: Mangrove Swamp/ Creeks
37
PIPELINE
CONSTRUCTION
C. NCTL PROJECT
(PACKAGE A)
www.nestoil-ltd.com
43. 38
Installing the pipeline required
us to make 7 major river
crossings and another 44 smaller
rivers or creek crossings. We
performed extensive dredging
activities (clampshell, floating
equipment and suction
dredging), as well as fabricated
and installed 2 new Tie-in
manifolds at Nembe and San
Barth, which hook up to 6 other
manifolds, 4 pig traps and
associated piping.
We completed and
commissioned this project in
September 2010, one month
ahead of schedule – without a
single fatality in spite of the
potential security risks from the
communities. The project earned
us several commendation
awards from Shell. Additionally,
we performed dredging and
crossing of Krakrama and San
Barth Rivers.
The NCTL project involved
replacing over 1,000 km of
deteriorated major pipelines and
flowlines. We completed Package
A of the project which involved
constructing a pipeline in a harsh
swampy terrain to traverse 3
cluster communities and 100
independent communities in
Bayelsa and Rivers State.
www.nestoil-ltd.com
47. CSTR is designed for the
rehabilitation and facilities
upgrade of all existing Mobil
Crude and Settling Tanks in QIT.
We are executing the project
which involves Engineering,
Procurement, Fabrication,
Construction and Installation
activities.
We are carrying out structural
fabrication, corrosion control of
the tank, mechanical E & I
installation and Foam system
piping, among other procedures.
42www.nestoil-ltd.com
59. 54
To learn more about
our projects,
please visit:
www.nestoil-ltd.com
www.nestoil-ltd.com
60. CLIENTS
Our Clients include, but are not limited to:
Shell Petroleum Development Company
SPDC
Mobil Producing Nigeria Unlimited
MPN
Nigeria National Petroleum Corporation
NNPC
Nigeria Gas Company
NGC
Nigerian Petroleum Devlopment Company
NPDC
55 www.nestoil-ltd.com
63. 58
Contributing to Nigerian Content
Nestoil's very existence is based on
principles of Nigerian Content
development. Its founding in 1991 –
19 years before the Local Content Act
came into law, was in a bid to
champion significant participation by
indigenous companies in the oil and
gas sector. We pride ourselves on
being one of the exemplary
companies, with respect to local
content actualization in Nigeria. The
framework for Nestoil's local content
engagement strategy is as follows:
Manpower Development:
Employment is skewed towards giving
first preference to the best available
locals.
Material Resources:
Nestoil Limited maintains a modern
facility located in Abuloma within Port
Harcourt, Rivers State which boosts its
operation and enhances the Nigerian
Content dream of “Adequate in-
country Facility.
Local Collaboration/Use Of
Subcontractors:
Local companies participate in
component parts of our EPC contracts
Community Development:
We operate a detailed Community
Affairs Policy
Commendation:
We were awarded the 2013 Nigerian
Content Investment Award by Shell
Petroleum Development Company
To learn more about our
Nigerian Content outline, go
to: www.nestoil-ltd.com
For our awards and
commendations, please visit:
www.nestoil-ltd.com
At Nestoil, we strive to make a
positive impact with regards to
CSR, developing local content,
health, safety and the environment.
2013
awarded Nigerian
Content Investment
Award by
Shell Petroleum
Development Company
www.nestoil-ltd.com
64. 59
QUALITY
The function of quality management exists throughout our
organisation to ensure that the performance criteria of our
services are continuously met. We owe our clients, services that
not only meet statutory
quality demands, but
exceed their requirements.
We continuously upgrade
our quality standards, as
verified by our
certifications and
commendations.
Nestoil Limited is BUREAU
VERITAS ISO
9001:2008certified (UKAS &
ANAB) in the following
Scope: ENGINEERING,
PROCUREMENT, PIPELINE
CONSTRUCTION AND
ASSOCIATED FACILITY,
DREDGING RIVER CROSSING
AND SHORELINE
PROTECTION.
With this, Nestoil officially
joins the league of ISO 9000
Series As A World Class EPC
Company.
www.nestoil-ltd.com
65. 60
We are conscious of the health and safety
of our people, our clients and the local
communities in which we work and it
retains priority at all level. We constantly
aim to provide a safe workplace for
employees, contractors and visitors.
We adopt a proactive philosophy in the
implementation of risk management by
applying a management system of
international standard.
Visible management and supervisory
commitment is demonstrated throughout
our operations. Our HSE initiatives are
managed by a team of dedicated and
highly regarded workplace Health, Safety
and Environment specialists and we
incorporate these concepts in training,
communication and motivation programs
of all stakeholders.
We continuously work to reduce risk and
hazard to the environment and the
employees' health and safety by remaining
committed to the following HSE objectives:
Zero Fatality.
Zero Lost injury.
Zero Fire incidents.
Zero Environmental incidents.
Zero Occupational Health illness.
Zero violation of legal requirement.
The result of our continuous improvement
and steadfast commitment to Health,
Safety and Environmental programmes is
that at the end of 2014 business year,
Nestoil has successfully achieved a
5.6million man-hours of project work
without LTI (Lost Time Injury).
Health,Safety
and EnvironmentWe continuously work to reduce risk and hazard to
the health and safety of our employees, sub-
contractors, community, stakeholders and the
environment through a steadfast commitment to
the following HSE Objectives:
www.nestoil-ltd.com
66. 61
This is achieved by
management constantly
improving through planning
and review of the work process
for a suitable and effective
management system.
The leadership of our
organization demonstrates
commitment to HSE by proper
allocation of time and
resources to HSE and by giving
it equal priority with work
completion or milestone
achievement. For us continual
improvement in HSE can only
be achieved in a culture where
all elements of the
management system are
allowed to flourish and where
leadership set the HSE style of
our organization by providing
an enabling environment for
safe work.
Our firm and committed
approach to HSE has yielded
outstanding results in series of
successful project delivery
without LTI. This feat has been
severally recognized by our
clients and rewarded
accordingly with certificates
and plaques.
PSW-CVL HSE- MS in
place Award
PSE 2001 HSE milestone
(10M LTI Free man hours, HSE
MS certification and
recertification) achievement
3.5 M LTI Free Operations,
Nembe Creek Field Logistic
Base/ Engineered Landfill
project.
1M LTI Free man Hour
Performance Merit, NCTL
project.
Best Overall Performance
Award by Mobil Producing
Nigeria.
Outstanding Performance
achievement of over 2M
LTI/Fatality Free Man hour on
NCTL
HSE Capability
Nestoil management has consistently
demonstrated strong leadership capability in
Health Safety and Environment matters in line
with the company's policy of Zero tolerance to
incidents.
CERTIFICATES AND
PLAQUES:
TO LEARN MORE ABOUT OUR
AWARDS, PLEASE VISIT
www.nestoil-ltd.com
www.nestoil-ltd.com
67. Wherever we operate, we make it a
policy to improve the welfare of our host
communities. We take our community
responsibilities very seriously because
we are passionate about people, and we
operate by the creed that we are at our
best when we are helping others grow
anddevelop.
We conduct our community-based
progammes mainly through our
foundation – Obijackson Foundation, a
non-profit organisation which works
across communities to help inhabitants
developinanumberofways.
Our specific focus is to target social and
economic catalysts that would help
people advance themselves and their
surroundings. Our approach varies from
community to community, but we have
generally worked with communities on
initiativesnotlimitedto:
Supporting education through
scholarships, grants and building
of schools
Providingacademiceducation
Providinginfrastructure
Providing job opportunities and
vocationaltraining
Providing sports development
through our Obijackson Annual
Footballtournament
Promoting values through our
culturalprogrammes
After all, working together for a better
society is what the word Community is
allabout.
Serving Communities
in sustainable waysThrough its Obijackson Foundation, Nestoil builds a
stronger society by educating its host communities
and providing locals with avenues for growth and
development.
62
To learn more, visit the Obijackson
foundation at:
www.obijacksonfoundation.com and
www.obijacksonchildrenshospital.com
www.nestoil-ltd.com
69. 64
Another testimonial to Nestoil's
commitment to a culture of
innovation and environmental
consciousness is our headquarters
building, Nestoil Towers (under
construction – to be completed in
2015) in Victoria Island, Lagos,
Nigeria. It has been designed as the
pioneer 'Green' building, the first of
its kind in Nigeria. Comprising 15
floors, the structure is being built to
meet the Leadership in Energy and
Environmental Design (LEED)
standards of certification and has a
Silver rating. LEED was developed by
the U.S. Green Building Counsel to
provide a framework for applicable
and measurable green building
solutions.
With Nestoil Towers, a certified green
building, Nestoil is offering its
occupants the opportunity to
respond to some of the most
important challenges of our time –
climate change, over dependence on
non-sustainable sources of energy
and threats to human health – with
an ecologically responsible solution.
NestoilTowers
Designed as the pioneer
'Green' building, the first of
its kind in Nigeria, the
structure is being built to
meet the Leadership in
Energy and Environmental
Design (LEED) standards of
certification.
Our new
corporate headquarters
www.nestoil-ltd.com
70. 65
OUR
PEOPLE
We welcome people
who contribute
towards making our
business the best
there is with their
individual drive and
tenacity.
www.nestoil-ltd.com
71. 66
Professor Anya O. Anya is a Fellow
of the Nigerian Academy of Science,
a Chartered Biologist, a Fellow of
the Institute of Biology of the United
Kingdom and a renowned Professor
of Zoology. He had a distinguished
academic career in the University of
Nigeria during which he served as
the first Director of the School of
Postgraduate Studies, Dean Faculty
of Biological and Pharmaceutical
Sciences, and Member of the
Governing Council of the University.
He is credited with numerous
scientific and non-scientific
publications. In 1992, he was
conferred with the Nigerian National
Order of Merit (NNOM), the highest
award in Nigeria, for distinguished
academic achievement.
He has held several important
public service positions including
President of the Nigerian Academy
of Science, founding CEO of the
Nigerian Economic Summit Group,
Chairman of the Governing Board of
the Nigerian National Merit Award,
and he currently serves as Pro-
Chancellor and Chairman of the
Governing Council of the Michael
Okpara University of Agriculture,
Umuahia as well as the Chairman of
the Board of Trustees of the Alpha
Institute for Research in Science,
Economics and Development.
Professor Anya also sits on or has
served on the Board of several
other successful companies as
Chairman or Director. He is also
engaged in various advisory
capacities on ways and means to
grow the economy. He was recently
appointed as a member of the
Advisory Committee on National
Dialogue.
Nestoil's Board of Directors subscribe to the highest standards of
Corporate Governance to serve the interests of our company, our clients
and the community. We strongly believe that good corporate governance
principles are essential to our business integrity and performance. Our
robust governance structure is the bedrock of our organisation and
promotes strategy, risk management, adherence to regulatory policies
and leadership development.
Board of
Directors
Professor Anya O. Anya - Chairman
Hon DSc, FAS, NNOM, OFR
Conferred with the
Nigerian National
Order of Merit
(NNOM), the highest
award in Nigeria, for
distinguished
academic
achievement.
www.nestoil-ltd.com
72. Board of
Directors
Dr. Ernest Azudialu-Obiejesi
obtained his BSc. degree in
Accountancy from the University of
Benin. He was honoured by the
University of Nigeria Nsukka with a
Doctorate Degree in Business
Administration. He first founded
Obijackson West Africa Limited in the
early 1980's before diversifying into
the oil and gas industry with Nestoil
in 1991. He has attended numerous
local and international seminars in
business management and project
implementation, and other structural
training programmes in Oil & Gas
service in Africa, the United Kingdom
and the United States of America.
For his services in the oil and gas
industry, he received the 2011
THISDAY Young Global Champion
Award for excellence and good
governance. In August 2012, Ernest
was awarded an All Africa Business
Leaders Award (AABLA) by Forbes,
CNBC and ABN for West African
Entrepreneur of the Year, in
acknowledgment of his exceptional
vision and leadership in building a
successful company from the ground
up. The Nigerians in Diaspora
Organisation Americas also
honoured Dr. Azudialu-Obiejesi in
Washington DC with the Nigerian
Business Person of the Year 2012,
for his notable business acumen,
global strategic planning, effective
use of resources and developing
alliance partnerships in multiple
spheres for new economic
development in Nigeria. He was also
a finalist at the Ernst and Young
Entrepreneur of the Year Finalist
(Master Category) and received the
Businessman of the Year at the
Mode Men of the Year Awards in
December, 2012. In 2013,
Dr. Azudialu-Obiejesi received a
Nigeria Advancement Award for 'Oil
and Gas Man of the Year.' In 2014,
Dr. Azudialu-Obiejesi was awarded
the Zik Prize for Excellence in
Business Leadership.
Dr. Azudialu-Obiejesi sits on the
board of Directors of several
companies including Julius Berger
Nigeria PLC, and is the Chairman of
the Board of Neconde Energy as well
as Smile Communications.
Dr. Ernest Azudialu-Obiejesi, DBA
President/CEO
67
Honoured
worldwide in
acknowledgment of
his exceptional
vision and
leadership in
building successful
companies from the
ground up.
www.nestoil-ltd.com
73. Mr. Olaiya Orlando Ojo is a Fellow of
the Institute of Directors, Nigeria and
a Sloan Fellow (with Distinction) of
the London Business School. He has
had over 35 years of long and varied
operations, management and board
experience working in companies in
Nigeria and abroad. He retired from
Shell in Nigeria in 2006 as General
Manager (Value & Relations) within
Shell Exploration & Production –
Africa. He has directly managed
major IT, corporate planning,
marketing and logistics and supply
functions in these organisations at
the Management and Executive
Directorship levels. He was Managing
Director for National Oil & Chemical
Marketing Company (predecessor of
Conoil), Director of Operations of
Shell Togo, General Manager of
Société Togolais de Stockage in
Lome, Togo; and Managing Director
of Nigeria Shell Gas Limited. He has
also consulted for health
management companies in the
Carribean and Puerto Rico. He
served as the member of Board of
Atlantis Healthcare Group, Puerto
Rico; Chairman First Guarantee
Pensions Limited (one of the first
twelve licensed for pension fund
administration in Nigeria). He has set
up his own organisation, Third
Opinion business advisory consulting
practice – Amsa'in Management
Consultants Limited – working with a
network of other associates in
various parts of the world with offices
in London, UK and Lagos, Nigeria.
He was educated at the University of
Ibadan, Nigeria; Imperial College,
University of London, UK; London
Business School, UK; and holds
further postgraduate degrees from
three other British Universities:
Ashton University, Lancaster
University and Ashridge Business
School.
Mr. Olaiya Orlando Ojo
Dr. Theo C. Osanakpo, SAN is an
accomplished legal practitioner and
Senior Advocate of Nigeria. He holds
a Doctor of Philosophy (PhD) degree
in Law from the University of Exeter
in England. He is a Fellow of the
Chartered Institute of Arbitrators of
United Kingdom.
He has held positions of
responsibility at different times
namely - Chairman, the 7th
Governing Council of Federal
University of Technology, Owerri;
Chairman of the Presidential Special
Visitation Panel to University of
Abuja, and one-time Chairman of
Finbank Plc. He is a devout Christian
of the Catholic faith. He has had the
singular privilege of being decorated
with Papal Honours by Pope John
Paul the Second, with Knight of Saint
Gregory in 1992 and Pope Benedict
the 16th the Pope Emeritus with
Knight Commander of Saint Gregory
the Great in 2009.
He is married to Dame Helen
Osanakpo, a recipient of Papal
Knighthood of Saint Gregory the
Great and they are blessed with four
children
Dr. Theo C. Osanakpo, SAN
68www.nestoil-ltd.com
74. Trained in the University of Nigeria,
Nsukka, and the London School of
Economics in England, Nnenna
holds an LLM in International
Business Law. She has over 26 years
of local and international
experience in legal matters,
business planning and
development.
After her call to the Nigerian bar,
she worked with Messrs Chike
Chigbue & Co. (SAN) and Ike Obiora
& Co. Legal Practitioners. At these
firms, she practiced forensic
advocacy under experienced and
versatile Principals.
She joined the Nestoil in 1991. She
is a member of the Nigeria Bar
Association and an associate of the
Chartered Institute of Arbitrators
(UK).
Nnenna Obiejesi, LLM
After spending 20 years with
Babcock (UK) in the Pressure Vessel
and Boiler Industry in both
Engineering and Commercial senior
positions at various locations, Keith
came to Nigeria with Babcock in
1992 as the Project Director on the
NNPC Butanization Project.
The project, consisting of 4,000 tons
of large pressure vessels, was the
first of its kind to be fabricated in
Nigeria. While in Nigeria, Keith has
been responsible for the
manufacture (locally) of over 200
pressure vessels in carbon steel,
clad and stainless for the Nigerian
Oil and Gas Industry.
He has recorded major
accomplishments in his time with
Nestoil and the Obijackson Group
including building and developing
the Energy Works Technology facility
to an ISO certified steel structures
fabrication and pressure vessel
manufacturing facility – the only one
of its kind in West Africa.
Keith Jones
Hans Christ
Over 26 years of local and
international experience in
legal matters, business
planning and development.
Hans joined the Obijackson group
with over 38 years' experience in the
construction, Oil & Gas, and Finance
Industry in Germany and Nigeria.
He worked in the biggest
construction company in Nigeria –
Julius Berger Nigeria (JBN) for 30
years. His last position there was
Commercial Director. He has
managed several international joint
ventures and projects.
69 www.nestoil-ltd.com
75. Dr. Umeh is the MD/CEO of Century
Power Generation and a Director of
Nestoil Limited – both subsidiaries of
the Obijackson Group of companies.
He joined the Group in February,
2011 from General Electric Aviation,
in Cincinnati Ohio, USA, and brings
years of seasoned engineering,
manufacturing, program
management and managerial
experience. While at GE's Global
Research Center in Niskayuna New
York (2001 - 2007), he was
responsible for the development of
several technologies used to increase
efficiency and reduce emissions on
land-based and aviation gas turbine
engines, in addition to modifying
fuels for advanced aeronautical
engines. He held positions of
increasing responsibility in GE, and
was an Engineering Manager of a
large engineering team in GE Aviation
responsible for the design and
manufacture of the combustion
systems on several commercial and
military aircraft engines, including the
CFM56, Cf34, LEAPX, TECHX, Honda
Hf120, and F110.
Dr. Umeh holds several engineering
degrees, including a BEng in
Electronics Engineering from the
University of Nigeria, a BSc in
Aerospace Engineering from Embry-
Riddle Aeronautical University,
Florida, and an MSc and PhD in
Aeronautical Engineering from
Rensselaer Polytechnic Institute, Troy,
New York. He is a graduate of GE's
prestigious Edison Engineering
Leadership Development Program
(EEDP). He has 5 US Patents and over
14 technical publications.
Dr. Umeh is a philanthropist, and
volunteers his spare time to mentor
students and young professionals.
Dr. Chukwueloka Umeh
Dr. Okechukwu John Mbonu
graduated as a Mechanical Engineer
from Manchester University,
England where in 1977; he obtained
a BSc degree (with first class
honours). He was later awarded the
Manchester University Noel Philip
Bedson Research Scholarship which
in 1982 led to the award of a PhD
degree in Mechanical Engineering.
John started his career as an
engineer with Nigerian Breweries
Plc in 1982. He was appointed the
Group Engineering Manager of the
company in 1990. In 1996, he was
"seconded" by Nigerian Breweries
Plc to Shell Petroleum Development
Company of Nigeria (SPDC) on
contract to set up the Special
Intensive Training Programme
(SITP). He returned to Nigerian
Breweries Plc in late January 1999
to assume-the position of Head of
Personnel. He was elevated to the
Executive Board of Nigerian
Breweries Plc in November 1999 as
the Human Resource Director. In
November, 2001, he was appointed
as Customer Service Director of
Nigerian Breweries Plc. He has been
a Director at Pricewaterhouse
Coopers Nigeria since 2009.
He was appointed into the Nestoil
Board of Directors in 2013.
Dr. Okechukwu John Mbonu, FNSE
A graduate of GE's
prestigious Edison
Engineering Leadership
Development Program
(EEDP), he has 5 US Patents
and over 14 technical
publications.
70www.nestoil-ltd.com
76. EWT is an ISO certified manufacturer
of Pressure Vessels, Process Plant
Equipment, as well as Oil and Gas
Steel Structures Fabricator also
offering EPCC services. Energy
Works is capable of fabricating:
Process Modules and
Packages for Onshore and
Offshore Production Facilities
Pressure vessels and Process
Piping (Separators,
Scrubbers, knock-out Drums,
Slug Catchers, Manifold
Skids, PIG Launching and
Receiving facilities, Metering
Skids, among others).
Steel Equipment and
Structures (Jackets,
Platforms,
Foundation/Suction/Anchor
Piles, Buoys)
EWT is UKAS and ANAB
ISO9001:2008 certified as well as
ASME U, U2, PP, S Stamps
authorized. EWT guarantees
products and services to meet with
International codes' specification
and best practices as well as
customer requirements. EWT facility
is located within the Nestoil
Operations Base in Abuloma, Port
Harcourt and consists of 26,082
sqm of covered workshops, 8,100
sqm of open construction area and
600 sqm of painting area. Other
components are: 12,900 sqm of
material laydown/temporary storage
area; 210m long quay with 15m
draft. Yard bearing capacities range
from 10 tons/sqm for light
fabrication areas to 140 Tons/sqm at
heavy fabrication areas. The EWT
facility is equipped with:
Plate rolling capacity up to
130 mm thick
Plate cutting capacity,
300mm thick using modern
CNC machine equipped with
Plasma
Semiautomatic welding
machines
316 Stainless steel weld
overlay for stainless steel
cladding
Lift by overhead cranes of up
to 100 tonnes
The biggest heat treatment
furnace in Nigeria
The facility is capable of 27,000 tons
of fabricated steel structures per
annum, with thickness of up to
130mm and SMAW, FCAW, TIG, SAW
and Combination Welding
processes.
Recently, EWT successfully rolled the
first of three Clad Plates, being 90 +
4mm thick clad, weighing 20 tonnes
for SPDC Soku Nag Separator. This is
a first for the Nigerian Fabrication
Industry.
EnergyWorksTechnology
Limited (EWT)
2014
EWT successfully
rolled the first of
three Clad Plates,
being 90 + 4mm
thick clad, weighing
20 tonnes for SPDC
Soku Nag Separator.
This is a first for the
Nigerian Fabrication
Industry.
71 www.nestoil-ltd.com
78. B&Q's focus is not only to expand
our business volumes, but also to
support its clients to achieve their
objectives while preserving the
environment and host
communities. Their policy and
continuing objective is to exceed
clients' expectations by providing
excellent services, which not only
meet statutory, technical and
contractual requirements, but are
also quality consistent.
B&Q commenced operation in
1996 as a subsidiary of the
indigenous conglomerate,
OBIJACKSON GROUP which
includes Nestoil Limited and
others. Following its meteoric
growth and need to consolidate
on its leadership in the industry,
B&Q embarked on a massive
acquisition of marine assets. This
strategic initiative repositioned
B&Q as the foremost indigenous
and a leading dredging & marine
logistics service provider in
Nigeria.
B&Q maintains offices and
marine facilities at the 59 Hectare
Nestoil Industrial Layout at
Abuloma, Port-Harcourt, Rivers
State with a large workshop and
work area for open air storage,
sensitive items storage, and
above ground storage tanks (AST)
with a floating dry dock.
B&Q Dredging Limited owns the
largest dredging and marine
logistic fleet in Nigeria.
B&Q Dredging
and Marine
Logistics Limited
(B&Q)
B&Q Dredging and Marine Logistics Limited is an
indigenous Nigerian Company providing excellent
dredging & marine logistics services of Global standard.
Using a multinational team of highly motivated and
experienced staff, B&Q provide dredging, flood and
erosion control, shoreline protection and consolidation,
canalization, urban Renewal and reclamation to National
& Sub-National Governments; Government Agencies,
Energy, Construction, and Oil & Gas industries.
DR E DG IN G
&QB
73 www.nestoil-ltd.com
79. B&Q Dredging
Limited owns the
largest dredging and
marine logistics fleet
in Nigeria.
www.bqdredging.com
74www.nestoil-ltd.com
80.
81. Hammakopp
Consortium Limited
HAMMAKOPP
H CONSORTIUM LIMITED
Hammakopp Consortium is a civil construction company, incorporated in
Nigeria in 1991. Its clients include State and Federal government, oil and
gas companies and private individuals. Hammakopp is wholly engaged in
Road and Civil construction, Maintenance and Fabrication, Environmental
protection and Sewage Treatment.
Hammakopp deploys a combination
of local and foreign professionals to
deliver excellent, cost effective
services to its clients – services which
not only meet statutory technical and
contractual requirements, but are also
consistent in quality. Hammakopp has
expanded its civil construction
activities with a massive acquisition of
road construction equipment
including bulldozers (D6), Excavators,
Payloaders, Roller Compactors, Sheep
Foot Compactors, Pavers, Pneumatic
Rollers, Graders, Concrete Batching
Plants. The company has installed its
own Asphalt Plant, located in its Okija
Base and has the capacity of turning
out approximately 120 tons of top
grade asphalt products per hour.
Hammakopp Consortium Limited has
made remarkable strides in
broadening its civil and road
construction operations and
geographical influence with an
expansive new facility in Uyo, Akwa
Ibom State, to participate in civil
infrastructure development in the
region. Hammakopp still retains the
17-Hectare Hammakopp Construction
Base in Okija, Anambra State, and
have boosted personnel with the
addition of highly skilled senior local
and international recruits.
www.hammakoppconsortium.com
83. 78
Gobowen Exploration
& Production Limited
Gobowen is an Oil and Gas
Exploration and Production
company. Gobowen holds a 45%
interest in Oriri Marginal Field
(OML 88) shallow offshore Niger
Delta. In 2013, Gobowen
acquired 51% participating
interest in OPL 917 (onshore
block).
Gobowen holds a major stake in
the Neconde Energy Limited
consortium which acquired the
45% equity in the Oil Mining
Licence 42 (OML 42) in April,
2011. OML 42 contains 12
developed oil fields located in the
swamps in the Niger Delta Area of
Nigeria. Full production from the
block is estimated at 100,000 –
150,000 barrels per day.
GOBOWEN
Gobowen Exploration & Production Limited
www.nestoil-ltd.com
84. Century Power Generation
Limited (CPG) and Time Power
Global Dynamics Limited (TPGD)
are power generation and
distribution companies
respectively, pursuing
opportunities presented by the
Nigerian Government's policy
regarding private power
generation.
CPG is a power generation
company, created as a Special
Purpose Vehicle (SPV) to acquire
and develop existing power
plants in Nigeria, as well as build
new power plants via IPPs to help
boost the nation's installed power
capacity. CPG is currently
developing a 1500 MW power
plant in Okija, Anambra State,
Nigeria. The plant would be a
Combined Cycle Power Plant
(CCPP) to be built in three phases.
Following an international bid
process, CPG has selected GE,
Julius Berger and Daewoo as the
EPC contractors for construction
beginning in January, 2016. The
three phases are:
Phase 1 – which is
ongoing – involves the
construction of a 495 MW
(ISO) Open Cycle Power
Plant (OCPP) consisting of
multiple E-class gas
turbines, with provisions
to add Heat Recovery
Steam Generators (HRSGs)
and steam turbines in a
later phase.
Phase 2: Extension of the
495MW OCPC to a 750MW
(ISO) CCPP by the
installation of HRSCs and a
steam turbine.
Phase 3: Installation of a
second 750 MW (ISO)
CCPP block (i.e. 500MW
OCPP + 250MW Steam
turbine).
Commissioning of the plant's full
capacity is scheduled for the
second half of 2018.
The Power
Companies
Century Power Generation Limited (CPG) and Time
Power Global Dynamics Limited (TPGD) are power
generation and distribution companies respectively,
pursuing opportunities presented by the Nigerian
Government's policy regarding private power
generation.
79 www.nestoil-ltd.com
85. CPG is currently
developing a 1500
MW power plant in
Okija, Anambra State,
Nigeria. The plant
would be a Combined
Cycle Power Plant
(CCPP) to be built in
three phases.
The project site is a 31.9 hectare
plot of virgin land wholly owned
by CPG, and is situated along the
Onitsha-Owerri express road. The
site is bordered on the East by
the Ulasi River and on the West
by Onitsha-Owerri express road.
It is approximately 25km from the
Oguta gas fields, about 15km
from Nnewi (a major Nigerian
industrial and economic centre),
and 25km from Onitsha (another
major economic area).
TPGD is an SBU that was created
to participate in the ongoing
effort to increase Nigeria's
electricity distribution by
increasing customer access to
economic and reliable electricity
supply in the urban and rural
areas, increasing the number of
registered customers, and
reducing distribution losses.
As an indigenous company, TPGD
is fully committed to help alleviate
Nigeria's power shortage issue in
metropolitan, rural and remote
communities around the country.
www.century-power.com
www.timepowerglobal.com
2016
Following an international
bid process, CPG has
selected GE, Julius Berger
and Daewoo as the EPC
contractors for
construction of their
Power Generation Plant
beginning in January,
2016.
80www.nestoil-ltd.com
