Bayo Ojulari is the Managing Director of Shell Nigeria Exploration and Production Company (SNEPCo) and General Manager Deepwater.

He has over 24 years of experience in Nigeria, Europe, and the Middle East in Process Engineering, Petroleum Engineering, Development, Production Engineering and HSE management roles.

He is a member of a number of professional associations, among them the Nigeria Society of Engineers (NSE) and the Society of Petroleum, Engineers (SPE), where he is member of the Board of Trustees and was Nigeria Council Chairman in 1998/99

laudate:


You are just rambling. Does NNPC not have a stake in your Aiteo's oil wells? Anyway, this is a 2015 report on Agbami oil field.

laudate:


Who owns OPL 227? And NDEP?

I hope you know that OPL 227 is jointly owned by 4 companies?
Addax Petroleum | 40.000%
Express Petroleum & Gas Ltd | 39.000%
Petroleum Prospects Int. | 15.000%
Niger Delta Exploration & Production (NDEP) | 6.000%

laudate:


Yes, she has already been profiled on this thread, along with her father Ladi Jadesimi.

laudate:


Hello, please see my responses to your enquiries.

vonxe:
profile obasanjo farm abi wetin happen to am?

profile oodua investment

Shoreline Natural Resources was incorporated on 10th December 2010. The company is a joint venture between Shoreline Power Company Limited, a Nigerian Company which has extensive interests in the power sector together with a strong network of relationships and Heritage Oil Shoreline Natural Resources (Nigeria) B.V, a subsidiary of Heritage Oil Limited, which has a strong technical expertise and operations in the upstream sector in Tanzania, Papua, Russia, and New Guinea. Shoreline Natural Resources leveraged on the divestment plans of the Shell Petroleum Development Company Limited to sell its participating interests in some assets located in Nigeria. On 4th November 2012, Shoreline Natural Resources acquired 45% Participating Interest of SPDC in Oil Mining Lease 30 (OML).

The Nigerian Petroleum Development Company (“NPDC”), a subsidiary of Nigerian National Petroleum Corporation (NNPC) holds the remaining 55% Participating Interest in the OML 30 licence.

OML 30 is located onshore in the Delta region, less than 30km east of Warri in Southern Nigeria. The licence covers 1,097 square kilometres and includes eight producing fields with oil and gas contained in numerous stacked reservoirs. Shoreline Natural Resources is in partnership with NPDC to develop OML 30 to its full potential

Kola Karim is the Group Managing Director/CEO Shoreline Energy International Ltd (a leading energy and infrastructure company focused on Africa). His current portfolio consists of business in the construction, commodity trading, agro-allied products, oil and gas, engineering and power sectors. In addition to his role at Shoreline Energy International, Mr. Karim is the current Chairman of Costain West Africa Plc and serves as director in eight (9) companies including Shoreline Power Ltd, Schlumberger Testing & Production Services Nigeria Limited, Trans Amadi Facilities Ltd and Chairman, Nigerian Ropes Plc. He is an Africa Advisory board member of the London Stock Exchange and the Advisory board member of the Centre for African Studies at Harvard University. Mr. Karim is a Young Global Leader 2008 Award Honoree and also a pioneer and active member of the Global Agenda Council on Emerging Multinationals of the World Economic Forum. He had delivered opinion and position papers at international conferences, investment forum, business schools and universities. He has attended many courses both locally and international including management and leadership courses at the prestigious Harvard Business School and John F. Kennedy School of Government

NDEP, through its operating company, farmed into OPL 227 in 2010, with a licence lasting until 2013, whereupon an extension was granted until May 2015. OPL 227 lies in offshore Niger Delta and covers an area of 340km2, which is adjacent to Royal Dutch Shell’s OML 79 licence area.
Express Petroleum and Gas are operators (39% stake), with Addax Petroleum (owned by Sinopec) having a 40% stake. NDEP hold a nominal 6% stake in the asset.

An oil discovery was made in 2013 at Oma-2 which had 183 of net pay gas sand and 121 ft of net pay oil sands.

South Sudan is one of the world’s youngest countries, formed in July 2011, and is also one of the least explored having endured a civil war lasting from 1983 until 2005. Oil production didn’t recommence until May 2013 at 500.000bpd, with IOCs reactivating their interest in the area including TOTAL. Exxon Mobil, ONGC, and CNPC all acquiring acreage.
The petroleum geology of South Sudan is good with several rift basin present all of which confirm a working hydrocarbon system which forms part of the Central African Rift Valley. South Sudan currently relies on an export pipeline via Khartoum to Port Sudan and the Red Sea. Disputes have occurred regarding the fees payable for using this route and the South Sudan government has been keen to find other routes to export. These include routes through to Kenya or Ethiopia, and Djibouti. Such pipeline projects would only be viable if giant new oil discoveries were made.

NDEP have formed a JV with the South Sudan national petroleum company called Nile Petroleum Corporation. Currently, NDEP has no stake in licenses in South Sudan and is providing consultancy services to the government and using its projects in Nigeria like Ogbele and Omerelu as templates that could be applied to South Sudanese oil development. The ultimate goal in our opinion is to achieve a stake in a concession. We believe this could offer Bluesky potential for the company not only from the perspective of diversifying away from Nigeria, but also from the size of the prize and vast opportunity set which South Sudan’s concession areas represent.

NDEP acquired a 100% stake and operatorship of the Omerelu Farm Out Area in 2014 from the NNPC/Chevron (JV) with the NDPR granting NDEP an equitable interest in the reservoir. One vertical exploration well was drilled in 1975 by Chevron (the, Gulf Oil) with a sequence of five vertically stacked reservoirs and target depth of 9,000ft.
The field development plan (FDP) is targeting to drill a further two wells on top of the existing discovery made by Chevron with a flow station, and plans to build a 14km pipeline to Ogbele where it can be routed onto existing pipeline. The company is planning to submit the FDP by Q4 2014, with first oil in 2016 achieving peak flow rates of 5,000 – 10,000bpd in 2017.

NDEP acquired the Ogbele Farm Out Area, which lies within OML 54, in 2000 from the NNPC/Chevron JV with the NPDR granting an equitable interest in the reservoirs. I, 2013, NDEP acquired 3D seismic data, processed and interpreted the data in order to identify new reservoirs and get a better structural view of the field. NDEP has 100% of this asset which covers 23k2, with license terms designed such that the license expires at the end of the field life.
Following this, NDEP drilled two additional successful wells in August 2013 and January 2014, thereby increasing production from an average of 1,188 bpd on 2013 to 4,500 bpd and 30 MMscf/d of gas as at 31st March, 2014. The discoveries included a significant 0.5T cf discovery within an 800 foot column of gas. To date NDEP has drilled 8 wells within the acreage, which include six side track wells.

Ongoing Ogbele field development includes Ogbele 7, to target a depth of 13,500 feet, which contains oil and gas. The development plan for the remainder of 2014 is to drill wells 8 and 9. Development wells 9 and 10, are planned for 2015, (the latter being an appraisal well with oil ad associated gas) which is expected to significantly increase daily production by the end of 2015.

The contour map shows the location of existing wells with the additional yellow area highlighting significant upside potential from similar geological structures that have been found to date. The rift (or finger-like) nature of the geology has led to the creation of vertically stacked reservoirs of which five have been brought into production. We believe that as development proceeds a greater understanding of the potential of the acreage will evolve, leading to more gas than oil targeted exploration.

The full field development plan envisages drilling 15-18 wells all of which are directional, at a cost of around US$18m per well. This implies a full field development cost of US$300-400m, including infrastructure. Currently, produced oil is transported by a 6” pipeline to a third party trunkline which terminates at Royal Dutch Shell’s Bonny terminal. Gas is sold to Nigeria LNG Ltd (NLNG) and to local industrial users.

Longer term, NDEP would like to create a ‘gas hub’ at Omerelu in order to attract third party gas needs and increase the pace of development around existing asset base.

OML 34 is owned through NDEP’s 41.67% owned subsidiary ND Western Ltd, who respectively own 45% of the Block, with the NPDC operating the asset (55% stake). NDEP therefore has an 18.75% interest in the block which covers a large 951km2 area. NDEP originally acquired OML 34 in 2012 from Royal Dutch Shell who have been busy divesting marginal fields throughout the Niger Delta region. The field has a license expiry date of 2019.
OML 34 contains several discoveries including Utorugo, Ughelli East, Ughelli West, Warri River and Effurun discoveries. Over 100 wells have been drilled since the first discovery was made in 1959, with 80 producing wells in the 1960s, with a cumulative production rate of 40kbpd. Production subsequently fell to 18kbpd during the exogenous economic shock of 1997/98, induced by lower oil prices which fell to an all-time low of $14/bbl (Brent).

Currently, there are 30 oil and gas wells in production, producing in excess of 15,000bpd and 300mscfpd of gas. Oil and condensate is mainly produced from Utorugo, Ughelli East and Ughelli West fields, with gas mainly coming from Utorugo and Ughelli East fields.

Production is gathered at flow station at Utorugo, Ughelli East, and Ughllie West, the transported through the Ughelli Pump station which was built by Royal Dutch Shell in 2002 for $48m.

Oil with associated water is then transported from Ughelli via the Trans Forcados pipeline to the Forcados terminal and processing and export facilities. Dry oil is also sent to the Ward Refinery via a 16″ pipeline.

Non associated gas is processed at the Utorogu NAG plant and exported via the Escravos-Lagos Pipeline System which connect the West African Gas Pipeline. Gas is also sold to local domestic such as power producers.

The development plan is to drill two new wells in 2014/15 as well as completing a 150mmcfpd NAG plant at Utorogu by mid-2015, to bring total capacity to over 500mmscfpd.

Other possible options to expand development include the reactivation of the Warri field which witnessed some of the worst social unrest in the 1990s was closed by Shell in 1997. The Effurun field remains an undeveloped gas discovery.

A former partner of Arthur Anderson in Nigeria, Mr Jadesimi is a graduate of Oxford University (Jurisprudence, 1966) and is a Fellow of the Institute of Chartered Accountants, England and Wales. A Chartered Accountant, with over 15 years of active practice, he took early retirement from practice to engage in private practice, primarily in banking, oil and gas and real estate.

Dr. Layi Fatona is a Petroleum Geologist with over thirty-five years of practice, commencing with a seven year stint in the Petroleum Engineering and Exploration & Production Departments at The Shell Petroleum Development Company of Nigeria Ltd (SPDC). He is a leading authority on the geology of the Niger Delta Oil and Gas Province.

mercyville:



You are doing a swell job sir,God bless you

I dunno if these people have been featured.If not,pls you,hilroy and deomelo can do justice to that...thanks


Laoye Jaiyeola
Akinpelu Obisesan
Jacob Odulate
Akin Babalola Kamar Odunsi
Adeola Odutola
Chris Ogunbanjo
Ayo Ogunsheye
Wole Oguntokun
Toun Okewale Sonaiya
Molade Okoya-Thomas
Razaq Okoya
Femi Olubanwo
Otunba Fatai Olukoga
Lawrence Omole
Debo Onifade
Oluseun Onigbinde
Gbenga Oyebode
Olateju Oyeleye
Seriki Williams Abass
Biodun Shobanjo
Ernest Shonekan
Taiwo Afolabi
Taiwo Olowo
Olusola Teniola
Adewale Tinubu
Lanre Towry-Coker
Ade Tuyo
William Vivour
Bankole Vivour
Samuel Herbert Pearse
Crispin Curtis Adeniyi-Jones
Christopher Sapara Williams
James Pinson Labulo Davies
Thomas Babington Macaulay
Candido Da Rocha
Ade Bajomo
Dele Bakare
Alani Bankole
Richard Beale Blaize
Talabi Braithwaite
Samuel O Owokoniran
Quincy Olasumbo Ayodele
Adunni Bankole
Alani Bankole
Gbubemi Fregene
Adesola Kazeem Adeduntan
Olajumoke Adenowo
Sasha P (born Anthonia Yetunde Alabi)
Chief Temitope Ajayi
Nike Akande
Toyosi Akerele-Ogunsiji
Omowunmi Akinnifesi
Olatunji Ajisomo Alabi
Adeyemo Alakija
Alimotu Pelewura

SuperS1Panther:
The best thread of the year award goes to this thread.

No doubt,

FlyoruB:


I agree with you on this point. There are many silent achievers from other supposedly minority tribes who are also doing big things out there. Even the Hausa-Fulanis sef have theirs.

Niger Delta Exploration & Production Plc (NDEP) is Nigeria’s first integrated oil and gas investment company.

Using a skilled team and efficient operations, we pioneered the development of small and medium-sized oil and gas fields in Nigeria and have moved on to bigger projects.

The share ownership of our publicly-owned company continues to grow as we look for new ways to expand and serve Nigerian markets and communities.

NDEP was incorporated on March 25, 1992 (as the Midas Drilling Fund) and assumed its current name in November 1996. The vision of the company’s founding fathers was to create a vehicle that would afford ordinary Nigerians the opportunity to participate in and benefit from the country’s oil and gas industry. Although not yet listed on the Nigerian Stock Exchange, NDEP’s shareholders number in excess of 700, and come from every geo-political zone in the country

Taofik Adegbite is a Nigerian entrepreneur and a known business leader in Africa. He is the Chief Executive Officer of Marine Platforms Limited and the first Nigerian that delivered an Offshore Subsea Construction Vessel for oil and gas sector in Nigeria which is named African Inspiration by the Norwegian government through the first ever shipbuilding contract between a Nigerian company and a Norwegian shipyard.

Taofik holds a B.Sc. (Hons.) in Computer Science from the University of Ibadan. He later attended the London School of Economics for a certificate course in Strategy & Organization Management as well as Harvard Business School OPM 44. And he is also holds Cisco certification in IT. Taofik is recognised as one of Africa's inspirational and influential leaders.

Taofik started his career with Agricultural Project Monitoring & Evaluation Unit, ( World Bank Project). And also worked on contract with Britain's National Health Service (Hammersmith Hospital) as an IT Engineer.

Taofik is a major contributor to global discourse on Local Content and he is also a notable voice in the Nigerian oil and gas sector where his perspectives are taken as inputs in moving the sector forward. Taofik equally engages his time in public speaking where he addresses issues on critical economic areas, entrepreneurship; and inspires budding entrepreneurs across Africa and beyond through his numerous public lectures and mentoring on entrepreneurship and self-development, Taofik has provoked thoughts on the action terms -"Paradox of Ignorance and Weakness of Knowledge" - that he developed to enable people challenge several normative tendencies. He recently made remarks on the body of the terms on the sidelines of the Africa Shapers summit held in November 2015, in Lagos Nigeria.

Derotech International Limited, a division of Derotech Group Inc. USA is an energy services company in Nigeria and West Africa sub-region.
Derotech a complete petroleum engineering company was founded to promote and facilitate business relationship between energy companies in America, Europe and Nigeria. We are well structured with high skilled, well trained, and experienced professionals. Presently we are providing services to Shell, Exxon Mobil, ChevronTexaco, Consolidated Oil, etc.
Derotech International Limited is the exclusive representative of Wellhead Inc. USA. This is a strong union providing wellhead engineering services to the operating companies in Nigeria. Since inception, through foresight and hard work we have made our mark as one of Nigeria’s most reliable and effective indigenous oil servicing company the oil & gas sector, producing innovative, efficient and fit for purpose of engineering solution.

Pacific International Drilling West Africa Limited (PIDWAL) announced today that Prince Rotimi Benjamin Ibidapo has been appointed Chairman of its Board of Directors. PIDWAL congratulates Prince Ibidapo on his appointment, which further strengthens PIDWAL’s commitment to the objectives of the Nigerian Oil and Gas Industry Content Act.
Prince Rotimi Ibidapo was appointed to the PIDWAL Board of Directors in 2010. He is the founder and Managing Director of Derotech Offshore Services Limited, one of PIDWAL’s founding shareholders.

Pacific Drilling S.A. is a growing offshore drilling company that provides global ultra-deepwater drilling services to the oil and natural gas industry through the use of high-specification drillships. Our corporate offices are located in Houston, Texas, with offices in Brazil, Luxembourg, and Nigeria.

Over the last seven years, Pacific Drilling has grown into a successful, premium drilling contractor, currently with nearly 1,000 employees, and contracts with the highest-quality clients in the industry.

We have one of the newest and most technologically advanced fleets in the world. Our vessels are all state-of-the-art, high-specification drillships, which benefit from a proven design and highly developed construction techniques.

Throughout our development, Pacific Drilling has remained dedicated to becoming the preferred ultra-deepwater drilling contractor. We are committed to customer service and operating with the utmost integrity and focus on safety. We will continue to combine the strength of a large, well-capitalized enterprise with the agility and flexibility of a small solution provider to the benefit of our customers, suppliers, employees and the communities in which we operate.

Petrorix is a Nigerian engineering consultancy company providing services in the area of Risk Management, Technical Due Diligence, Asset Integrity and Assurance Services to the oil and gas industry. We provide Consultancy services in the areas of Safety case development, Hazard identification and assessment, Manpower Resource, Technical Due Diligence and Trainings.

Petrorix is committed to providing the highest standard in any project we execute; Our directors have over 50 years collective experience and have executed project across diverse cultures in countries such as North-Sea UK, Gulf of Guinea Africa, Malaysia and the Middle east. We give our clients good value for money so you can be rest assured of the quality of our delivery process.

Tricontinental Oil Services Limited (Tricon) is a well established wholly Nigerian owned Company whose operations consistently exceed 90% (ninety percent) local content thereby exceeding the Federal Governments target of 45% and 70% respectively for years 2006 and 2010. Tricontinental Oil Services Limited is a category A Company as per the Local Content categorization of services companies. Its area of business or core competence is Oil and Gas Servicing.
Tricontinental Oil Services Limited utilizes the latest technology available in computer science to provide our clients with necessary support. We are constantly upgrading both our hardware and software applications as technology advances. To deliver quality training to our personnel we have various consultancy and training specialist centers where we send our staff for training.

TECHNICAL BASE

The Technical base of Tricon is excellent. Apart from its technical resources, Tricon has a Technical Support Agreement with top oil servicing companies globally for the foremost global provider of Consulting and Engineering Services focusing on energy with offices in over 42 countries of the world and a personnel data bank of over 77,000 professionals worldwide.

The Technical Support of our partners has resulted in Tricon benchmarking its operations in accordance with world class standards. Recently, Tricon has just executed a contract with a value of approximately $18.2million for Mobil Producing Nigeria Unlimited for the Subsea Structural Inspection for 82 Platforms in December 2008.

The Contract awarded to Tricon was significantly influenced by Local Content considerations. However the performance of Tricon in Nigeria has surpassed the expectations of NAPIMS/NNPC and Mobil. Tricon is leveraging this contract to further develop its capacity and plans to become a full global player in its own right in the very near future.

Location

Tricontinental Oil Services Limited has its head office and two branch offices at Port Harcourt, Rivers State & Warri, Delta State, all in Nigeria. We also have a network of partners across various nations of the world.








MAIN RANGE OF ACTIVITIES

MARINE SERVICES (Sub-sea Installation, Inspection and Maintenance through Diving and ROV Operations)
CONSTRUCTION TECHNICAL SERVICES
INSPECTION SERVICES ( NDT, Corrosion Monitoring and Management, Pipeline Integrity Management)
QUALITY MANAGEMENT SERVICES (Quality Assurance/Quality Control)
PROJECT MANAGEMENT
SPECIALIST MANPOWER SUPPLIES (Both Local And Expatriate)
ENVIRONMENTAL MANAGEMENT
MAINTENANCE SERVICES (Deployment of Rope Access Technology to complement maintenance). yment of Rope Access Technology to Complement Maintenance)
OBJECTIVES OF TRICONTINENTAL OIL SERVICES

Tricontinental Oil Services Limited (TOSL) has the principal objective of providing world class professional services in the areas of our specialization by the deployment of the professional personnel in other to provide qualified and experienced engineers and technicians for all phases of a contract. Our services cover from concept development through all stages up to final acceptance of the completed project. TOSL has an extensive database that enables it to cover the specific requirements of clients for long or short-term contract.

Olalekan (“Lekan”) has over 20 years’ experience in the oil and gas industry, most recently with AllianceBernstein L.P. in New York where he spent six years as a research analyst and portfolio manager covering Energy and Materials worldwide.

Lekan has held senior positions at UBS Investment Research, 3Fold Ventures and Encabler Inc, a Californian headquartered technology company specialising in interactive television software, which he founded in June 2000, as well as successfully negotiating and raising the first round of equity capital for the Company’s operations.

Prior to founding Encabler Inc, Lekan worked as lead engineer for Schlumberger Limited, where he advanced High Pressure High Temperature wireline operations for Texaco’s North Sea oil prospects. Lekan’s work at Schlumberger took him to a number of different petroleum jurisdictions including Scotland, Oman, Pakistan, Egypt and Nigeria.

Lekan graduated from the Obafemi Awolowo University in Nigeria with a Bachelor of Science Degree in Electronic and Electrical Engineering and also holds an MBA from Massachusetts Institute of Technology (MIT) Sloan School of Management. He is also a Member of the Society of Petroleum Engineers.

Sowsco Well Services Nigeria Limited is a 100% indigenous, based in Port Harcourt, Rivers State with Sales Offices in Warri and Lagos. The company is steered by a management team with several decades of international oilfield experience and a crop of talented engineers. Business commenced in Nigeria with Shell Petroleum Development Company, Port Harcourt in February 1992 with the award of a 2-Well trial Job, with Contract Number L-1216. This good beginning plus the continuous investment to develop our people, operations and strategic processes has led to a rapid growth and development to the present level of competency in cementing, stimulation, wellbore cleaning and brine filtration , wellhead maintenance and pipeline services.

We have the resources and expertise to offer a complete cementing package, brine filtration and wellbore cleanup services and wellhead maintenance services on land, swamp and offshore locations. SOWSCO led the way for a continental and global recognition as a high quality indigenous service company through investment in people and cutting edge technologies.