Page 17 - AfrOil Week 30 2022

AfrOil NEWS IN BRIEF AfrOil

business new africa bna/IntelliNews

Development (NOGICD) 2010 which are to
promote value addition and develop sectorial
linkages to the national economy and stimulate
growth and industrial development. He hinted
that the impact of the Act includes leveraging on
specialized indigenous skills from the petroleum
industry to ancillary sectors of the economy
such as shipping operations, boat building and
seafaring.
He also commended the company’s staff
participation in the Boat Fabrication facility,
which shows technology transfer, advising the
company to go into Research and Development
to see how some of its raw materials which are
being imported will be sourced in Nigeria to
increase in-country spend in terms of direct and
indirect employment in support of the Board’s
vision. Such a strategy, he says, will help stem
unemployment by taking youths off the streets
“The Milan Public Prosecutor acknowledged Duncan Blount, CEO of Decklar Resources, and making them resourceful.
that there was no evidence of a corrupt agree- said: “The resumption of production from the Wabote further noted that the key essence of
ment or corrupt payments, that this case should Oza-1 well is the first step to get Decklar back on the marine vessel categorisation scheme was to
end because it has no foundations, and that the track with plans to continue delivering oil and identify Nigerians with genuine titles to vessels.
defendants have the right to see the end of crim- working to improve logistics and increase oil He added that the scheme had become success-
inal proceedings, having endured seven years of deliveries in the near future. Delays were expe- ful as over 40 percent of marine vessels operat-
suffering. rienced obtaining permits needed to restart the ing in the oil and gas industry are now owned by
“Today’s dismissal underscores what we Oza-1 well, but operations have now resumed, Nigerians.
have long maintained - that there was no case to and oil is being produced into onsite storage He added that the Board has set out local con-
answer for Shell or its former employees regard- tanks. Decklar looks forward positively to future tent targets that must be met to sustain the job
ing the 2011 OPL 245 settlement, and that this development and drilling activities at the Oza creation drive of the Federal Government. He
case should have never been brought.” field and continued progress on development assured that the Board will continue to partner
Background: The Tribunal of Milan in Italy activities at the Company’s other fields.” with critical stakeholders for the development
acquitted Shell and four of its former employees Decklar Resources, July 26 2022 and industrialisation of Nigeria.
of charges related to the OPL 245 block in Nige- In his remarks, the CEO of Caverton Marine
ria on March 17, 2021. The Milan Public Prose- NCDMB commends Ltd Rotimi Makanjuola thanked the NCDMB
cutor then withdrew its appeal against Shell and for the inspection visit and disclosed that the
its former employees on July 19, 2022. Caverton on integrated company is a huge beneficiary of local content
Shell, July 22 2022 development. He noted some of the policies the
offshore support service Board had put in place to encourage Nigerian
companies to reach their potential and compete
PROJECTS & COMPANIES The Executive Secretary of the Nigerian Con- not just locally but internationally.
tent Development and Monitoring Board Makanjuola remarked that the company
Decklar announces (NCDMB), Simbi Kesiye Wabote has lauded takes standardisation seriously and has taken its
Caverton Offshore Support Group on its growth quality assurance to the highest level. He stated
resumption of production towards being a fully integrated offshore support that the Caverton prototype Waterbus is a very
company in Sub-Saharan Africa. Engr. Wabote good product, hinting that some work will still
from Oza-1 well spoke through the General Manager, Pro- be done to improve the quality, stressing that
ject Certification and Authorisation Division, the firm remains committed to developing local
Decklar Resources has provided an update (PCAD), Paul Zuhumben, during an inspection capacity.
regarding the resumption of production from visit to the Caverton Boat Fabrication Yard at He also dwelt on the company’s Community
the Oza-1 well at the Oza oilfield in Nigeria. the Badore Ferry Terminal in Ajah, Etiosa Local Content policy stating that the company has met
Decklar and its co-venturer Millenium Oil Government Area of Lagos State. with the community leaders and the local gov-
& Gas Co. have received the permits required to The Executive Secretary expressed delight in ernment and has assured them that once expan-
resume production from the Oza-1 well at the the company’s achievements, especially in the sion starts, members of the community will be
Oza oilfield. Production from the well has begun direction of capacity building to create in-coun- trained and absorbed as a way of giving back to
at low volumes initially to re-establish oil flow, try value and job opportunities for Nigerians. the community.
with volumes to be increased steadily in order to He also extolled Caverton Marine for its The voyage to the Caverton Boat Fabrication
establish a long-term sustainable rate. Produc- industry best practice through its certification Yard at Badore began at the company’s Ozumba
tion of crude oil from the Oza-1 well will flow and classification by Bureau Veritas which is Mbadiwe Jetty in Victoria Island with its proto-
into storage tanks at the Oza oilfield and then exactly the direction the Board is pushing for. type Waterbus, which ferried the NCDMB team
be delivered by truck to the Umugini Pipeline He enumerated some of the targets of and staff of Caverton for the inspection.
Infrastructure Limited crude handling facilities. the Nigerian Oil and Gas Industry Content NCDMB, July 23 2022

Week 30 28•July•2022 www. NEWSBASE .com P17