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The UK-based firm said it was taking immediate and across the African continent as we continue
responsibility for the scheme and that the off- to grow our business here.”
shore scope of operations would fall between the Banda is a natural gas field located offshore
fourth quarter of 2022 and the end of the first Mauritania, while Tiof contains crude oil. ™
quarter of 2023. It also stated that it had agreed
to provide all of the assets, equipment and per-
sonnel needed to carry out the decommission-
ing. This will include management of the Island
Innovator drilling unit and offshore support
vessels, he said.
In its statement, Petrofac described the con-
tract award as a success, saying that the company
was working to expand its presence in Africa.
Nick Shorten, Petrofac’s COO also stressed this
point, saying: “Today’s award is further demon-
stration of the international demand that exists
for the skills and quality of delivery we have
established in the North Sea. Since 2016, Pet-
rofac has delivered three successful decom
campaigns for Tullow Oil. We look forward to
emulating this success for them in Mauritania The Banda field holds gas, while Tiof holds crude oil (Image: Tullow)

Kyari says Nigerian president

will unveil NNPC Ltd on July 18

NIGERIA MELE Kyari, the managing director of Nige- Nigeria’s Corporate Affairs Commission (CAC).
ria’s national oil and gas concern, says President Subsequently, Abuja appointed Senator Mar-
Muhammadu Buhari is slated to unveil Nige- gery Okadigbo as chairperson of NNPC Ltd’s
rian National Petroleum Co. Ltd (NNPC Ltd), board of directors.
the successor to Nigerian National Petroleum Unlike NNPC, the new state-owned entity
Corp. (NNPC), on July 18. will not have any regulatory authority. Under the
Kyari revealed the date of the roll-out on May PIA, all of the old company’s regulatory author-
16, in a virtual speech delivered at the 8th Afri- ity has been transferred to two new agencies –
can Petroleum Congress and Exhibition (CAPE the Nigerian Upstream Petroleum Regulatory
VIII) conference in Luanda. “The new NNPC Commission (NUPRC) and the Nigerian Mid-
will be unveiled on the 18th of July 2022 by our stream and Downstream Petroleum Regulatory
president, and I invite you to join us in Abuja for Authority (NMDPRA). ™
this historic event as we create the largest cor-
porate entity in Africa,” he said, according to an
article from Daily Trust.
Kyari had said in April that Nigeria’s govern-
ment intended to present the new NOC on July
1, 2022, EnergyDayNg.com noted on May 18.
As of press time, he had not commented on the
reasons for the switch to the later date.
NNPC Ltd has been established in line with
the requirements of Nigeria’s Petroleum Indus-
try Act (PIA). The PIA took effect last August,
after Buhari signed it into law following its
passage through both houses of Nigeria’s legis-
lature. It serves as the country’s oil and gas law,
and some of its provisions mandate the trans-
formation of NNPC into a fully commercial
company, NNPC Ltd, that has no direct access
to state funding.
In line with those requirements, NNPC
launched the incorporation process last Sep-
tember by filing the necessary paperwork with NNPC Ltd Managing Director Mele Kyari, shown in May 2021 (Photo: NNPC)

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