Nestoil urges operators to showcase sector’s potential

By Chijioke Nelson   |   30 June 2016   |   2:03 am
Nestoil Towers at the intersection of Akin Adesola Street and Saka Tinubu Street in Victoria Island, Lagos

Nestoil Towers at the intersection of Akin Adesola Street and Saka Tinubu Street in Victoria Island, Lagos

Nestoil Limited has urged players in the Nigerian energy sector to showcase the sector’s potentials to investors, as a way of attracting the needed investment to support the economy.

Besides, the company said players should owe it as a duty to highlight the opportunities, especially now that the country is undergoing a process of rebirth that will bring prosperity to everyone.

The Group Managing Director (GMD) of the Engineering, Procurement, Construction and Commissioning (EPCC) services company, Dr. Ernest Azudialu-Obiejesi, who made the observation, noted that every corporate citizenship needs to communicate the ongoing transformation.

Speaking through the company’s Group Chief Operating Officer, Dr. Chukwueloka Umeh, at the 2016 edition of the Business Day-Oval Energy Oil and Gas Roundtable and Awards in Lagos, he said that Nestoil has contributed significantly to the development of the oil and gas industry.

The company is founded on its capacity to execute and deliver projects in any terrain and location enabled by its effective community relations and stakeholders’ engagement strategy.

Meanwhile, Nestoil has received the “Oil Service Project Manager Company of the Year” at the 2016 edition of the BusinessDay-Oval Energy Oil and Gas Roundtable and Awards in Lagos.

The Nigeria’s foremost engineering, procurement, construction and commissioning services company, outclassed others nominated in the award category to win the coveted award owing to its history of performance, quality of equipment and number of projects successfully completed.

As the indigenous leader in pipeline construction, the company is acknowledged for execution of some landmark projects in Nigeria.

These include construction of the Edjeba Sewage Treatment Plan in Warri, construction of the OB3 (Obiafu/Obrikom to Oben) 48” diameter gas pipeline for the Nigerian National Petroleum Corporation (NNPC), construction of the 24” diameter Nember-Cawthorne Channel Trunckline (NCTL) for Shell Petroleum Development Company (SPDC), construction and installation of the 2.5km Escravos River Cross as part of the OML 42 oil export pipeline network construction for the Nigerian Petroleum Development Company (NPDC).




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