Page 17 - AfrOil Week 49 2022

AfrOil NEWS IN BRIEF AfrOil

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He confirmed that the tracking of the perfor- to kick start operations within our NOGAPS Ibom State, Udom Emmanuel, expressed the joy
mance is based on the Board’s monitoring and [Nigerian Oil and Gas Parks] industrial parks at of the people of the State for the opportunity to
evaluation of Industry activities. Emeyal 1, Bayelsa State, and Odukpani in Cross host the PNC for a second time. Represented by
Strikingly, the technical capability devel- River State,” assuring that “Construction work the Deputy Governor, Moses Ekpo, he stated the
opment pillar of the Road Map stands out as a is also ongoing at the other NOGAPS parks in desire of the State to be considered in plans for oil
major highlight as fabrication and construction, Akwa Ibom, Imo, Delta and Ondo States, with and gas producing states.
hitherto under near-total dominance by foreign Edo as the newest addition to the list.” NCDMB, December 6 2022
firms, had 99% Nigerian content during the Wabote expressed the Board’s displeasure at
period under review. the activities of indigenous oil and gas compa-
He further disclosed that 77 out of 96 initia- nies, which seek to undermine its effectiveness PROJECTS & COMPANIES
tives under the short- and medium-term cate- after they had benefitted from strategic inter-
gories of the Road Map had been completed in ventions in funding and capacity building pro- United Oil and Gas spuds
November 2022. grammes of the organisation.
He stated that manpower in the oil and gas He advised them to turn a new leaf and ASW-1X exploration well
industry had reached 81% Nigerian content as ensure compliance with regulations or face the
of November, while project management as of consequences. AIM-listed United Oil & Gas has announced
that month was 80%. He commended the Group Managing Direc- the spudding of the ASW-1X exploration well in
Zeroing in on year 2022, the Executive Sec- tor of the Nigerian National Petroleum Com- the Abu Sennan licence, onshore Egypt. United
retary revealed that “performance was largely pany (NNPC) Limited, Malam Mele Kyari, who holds a 22% non-operating interest in the Abu
driven by the contracts awarded under the had to fly in from Rabat straight to the Confer- Sennan licence, which is operated by Kuwait
[Nigerian Liquefied Natural Gas] Train 7 Pro- ence in Uyo, for his commitment to NCDMB’s Energy Egypt.
ject.” Low points in accomplishment were in local content drive. Following mobilisation of the Sino Tharwa-1
procurement, engineering and services, with In his own remarks the NNPC boss assured rig to site, the operator of the Abu Sennan licence,
Nigerian Content as unimpressive as 34%, 46% the nation that the effort to deepen the utilisa- KEE, has notified the Joint Venture partners that
and 50% respectively. These, he assured, would tion of gas to drive industrialisation and eco- the ASW-1X well has commenced drilling. This
be sufficiently addressed. nomic development was very much on course. exploration well is the fifth and final well to spud
Technical data cited by Wabote showed the While emphasising Nigeria’s interest in gas as in the 2022 drilling campaign and is targeting
capture of 12 new indigenous operators in the energy transition fuel, he stated: “Gas provides un-risked mean recoverable resources estimated
upstream sector of the oil and gas industry, the opportunity to power the global economy.” by United at circa 8mn barrels gross in multiple
bringing the total to 97. In the service subsector, Among several projects embarked upon by reservoirs.
there were 1,303 new corporate entrants, raising Government, he cited the multi-billion-dollar The ASW-1X prospect has been de-risked
the total to 9,532, while 22,512 individual reg- Nigeria-Morocco Gas Pipeline (NMGP), which by the HF36-5X discovery made in an adjacent
istrations were recorded, bringing the total to had taken him to Morocco recently. Feedstock block in 2020, and by the results of the 2022 seis-
more than 271,000. for the pipeline, he explained, would be from far- mic reprocessing on the Abu Sennan licence,
The Executive Secretary informed stakehold- away Brass in Bayelsa State. He further assured, which has provided improved imaging and defi-
ers that the Board has commenced the process “We will complete the OB-3 [East-West pipe- nition of the ASW targets. If successful, the well
of “allocation of serviced plots to manufacturers line, with a projected capacity of 2bn cubic feet] is expected to be quickly tied into existing facil-
[of equipment components, spares, and tools pipeline.” ities, adding additional production and revenue
required in petroleum industry operations] In a welcome address, the Governor of Akwa for the Company.

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