Switlife:


I reckon that. My puzzle now is, why are such JVs (Duke, Hyson) listed as subsidiaries in the NNPC website Maybe the site needs tinkering.

Yea any JV mentioned as a subsidiary means, NNPC owns slightly below or more than 50% of the shareholdings. Hence companies like HYSON, NLNG, NIDAS mentioned as subsidiaries

Boygeorge97,

Eruditor:


Ok. Just saw that he combines the 2 positions. Good looking out.

This is the post you are referring to ^^. As you can see, I was admitting that I didn't know he combined the 2 positions but that is not what your friend was seeking to correct (and thereby exposing his own folly and rank ignorance).

Also, your feelings are very wrong (I will stress the 'very'). I have been giving reactionary responses to ONLY those who want to supplant facts with fiction and are hiding behind conjectures, bible verses and shallow quotes while at it.

BTW, I didn't know about Bernard Otti via the invitation letters (for the exams) as I didn't even get it. I am very close to one of his Nephews plus that name became a household one following the Nuhu Ribadu-Led committee probe of the NNPC.

I wish you well too.

SomBaby:

Lol...@eruditor...dat was mean...he got it coming anyway...he asked for it...pls wats d full meaning of spdc...got me wracking my brain....

Rugggedest responded correctly.

Eruditor:

http://www.use-in-a-sentence.com/english-words/academic-words-english/former.htm
http://forum.thefreedictionary.com/postst29484_She-is---was-a-former-teacher-.aspx
You put a quote on the supposed sentence but ended up not quoting it verbatim. In any case, this is the sentence: "In fact, the current DMD Bernard Otti, was a former GED of that directorate"
I know your puny brain will overheat trying to make something of the links I provided above so I will try to help (as onerous a task as can be). The phrase 'was a former' (as it pertains to humans) is employed in situations where the person in question is either dead or doing something else after retiring from a previous position as should be indicated in the sentence. So in the sentence above, I used the word 'Current' to indicate his present position and the phrase 'was a former' to indicate what he WAS before taking on the DMD role (his present position).
Feel free to accept or disregard this piece of advice:
1.Get a refund of your tuition from all your English teachers. They bilked you seriously.
2.Grow a pair and be ballsy enough to quote my posts instead of this wanton show of pusillanimity.
3. Don't be a bucolic simpleton. I am not the reason you didn't get a text from PCL. (Oops! I said it)
4. If you are as busy and employed as you claim, leave those of us that are not, to visit NL as often as possible.
Side note: I have learnt to take statements like "I am employed, I don't need this job" with a pinch of salt because most people who aver such, are usually insecure and delusional so they try to use their mouths to make up for what life hasn't given to them.
Personally, I wager you are underemployed but if it helps you sleep at night, then you are the MD of SPDC.

Hahahahaha...OH Shiiiiit... I just had an O.r.g...asm. Dude you remind me of Ramsay Snow... Slaying folks that come your way like thats what u born to do.

boygeorge97:
Young man,in as much as I don't want to join issue with you,I must advise to be humble and accept where you go wrong,I have been watching this thread silently and must tell you that you made a mistake when you addressed Mr.Bernard.O.N.Otti as the former GED of F&A Directorate at Nnpc,when in actual sense he remains the GED even as I am talking to you,though I can't remember the page now but I heard you saying
you have seen where he was addressed as Deputy GMD(I guess you saw that on our invitation letters for the aptitude test),immediately you said I started seeing you differently,but with the way you are attacking people here especially persons without either of the SMS makes me feel you are thinking that some other persons are not important and once you have your way,any other person can get lost,but I want you to know that until you receive a mail telling you the details of your interview you are still the same with people without Sms,even when you get it,it doesn't confer automatic placement,please always read your messages like two or even three times before you send,thanks a lot,wish you well.

Believe me the fact that he's got the sms shows he's not the same with people without. But then again that's relative. The glass is either half full or half empty. it all depends on how you look at it bruv

Well we've waited 3 years. What's a month. A month wait is like a walk in the park. Why don't we focus more on kicking knowledge that woulld give us members of this forum an advantage over others not here. We don't need to fight. There's no trophy to be won in fights and high sounding abusive words. I've been around long enough to know that all the fights, battle for superiority, nice diction and even prayers and bible verses would not aid a bit in getting the job. At the end of the day it's usually people who hardly comment but visit the thread only to soak up knowledge by filtering through all the other nonsense that gets the job.
Going by last year's recruitment I think the process is going to be merit based to a large extent and so we need not worry. I even attempted to make contacts in the towers but I was told that NNPC is one of the last govt institutions where there is still sanity in recruitment. I urge us all to take this short time to read and be grounded in your course of study and the story you would love to sell on that certain day which is coming. As u get wiser, the fights become booring.

Badema:


Yea any JV mentioned as a subsidiary means, NNPC owns slightly below or more than 50% of the shareholdings. Hence companies like HYSON, NLNG, NIDAS mentioned as subsidiaries

Hyson and duke are not JV, they are pure subsidiary of nnpc, Hyson represent nnpc in trading off excess grude oil and petroleum products in nigeria while duke represent nnpc in the internation market, that is why their office is in pagama. Both are subsidiary just like WRPC and others. For ur information, nnpc own 60% shares in any E & P company in nigeria be it multinational or indigenous

babacha:


Hyson and duke are not JV, they are pure subsidiary of nnpc, Hyson represent nnpc in trading off excess grude oil and petroleum products in nigeria while duke represent nnpc in the internation market, that is why their office is in pagama. Both are subsidiary just like WRPC and others. For ur information, nnpc own 60% shares in any E & P company in nigeria be it multinational or indigenous

Oga. Hyson is a JV.

masonkz:


Oga. Hyson is a JV.

Bros do u know more nnpc website, or are u trying to say dat nnpc don't know the information they put on their website. Pls don't deceive people, its NAPIMS dat supervise all the JV and PSC dat nnpc has with any company. NAPIMS gets the crude oil from the E and P and supply them to PPMC, PPMC inturn supply the crude oil to the refinaries. The excess crude which are not refin are trade off by HYSON cos our crude production in nigeria is far more dan wat we can refin. What make HYSON a JV? If nnpc websit is not clear to u, as question. Hyson is a subsidiary bros

babacha:


Bros do u know more nnpc website, or are u trying to say dat nnpc don't know the information they put on their website. Pls don't deceive people, its NAPIMS dat supervise all the JV and PSC dat nnpc has with any company. NAPIMS gets the crude oil from the E and P and supply them to PPMC, PPMC inturn supply the crude oil to the refinaries. The excess crude which are not refin are trade off by HYSON cos our crude production in nigeria is far more dan wat we can refin. What make HYSON a JV? If nnpc websit is not clear to u, as question. Hyson is a subsidiary bros

Smh. I guess I shouldn't say more on this..or maybe I should give you a number to call and confirm

Bro, while you depend on the Internet for your info..some of us have actually consulted for such companies in one capacity or the other.

Anyway, a JV can still be a subsidiary, especially for reporting purpose, and depending on the percentage of holding.

Goodluck with what you know though.

masonkz:


Smh. I guess I shouldn't say more on this..or maybe I should give you a number to call and confirm

Bro, while you depend on the Internet for your info..some of us have actually consulted for such companies in one capacity or the other.

Anyway, a JV can still be a subsidiary, especially for reporting purpose, and depending on the percentage of holding.

Goodluck with what you know though.

I did not base my information on the internet, am current with the oil and gas sector and I have good numbers of friends in nnpc too, I have some knowledge of wat is going on with the oil and gas. Thanks bro

Just to it clear, DPR take record of the amount of crude oil that is produce each day in nigeria, and the federal govt (nnpc) has 60% of dat amount dat is produce each day, nnpc cannot give the right to sell this crude to a non govt organization. Rather, a govt organization (HYSON) which is a subsidiary of nnpc sell off this crude for federal govt. Don't let any body u call deceive u

babacha:


I did not base my information on the internet, am current with the oil and gas sector and I have good numbers of friends in nnpc too, I have some knowledge of wat is going on with the oil and gas. Thanks bro

Good for you..but if that's the case then you would have known about Hyson being a JV also.

All the best.

babacha:
Just to it clear, DPR take record of the amount of crude oil that is produce each day in nigeria, and the federal govt (nnpc) has 60% of dat amount dat is produce each day, nnpc cannot give the right to sell this crude to a non govt organization. Rather, a govt organization (HYSON) which is a subsidiary of nnpc sell off this crude for federal govt. Don't let any body u call deceive u

I never said I made calls oga. Like I said, some of us have consulted for such companies in one capacity or the other.

Meanwhile Hyson actually buys such LPGs from PPMC independently, and not that they are given by NNPC to sell for them. Totally false. Hyson deals mostly on Gas also.

Anyway, staff strength of Hyson is small, so they might be needing more people, but then again that is dependent on their activities and how much profit they've been making. I do know that some NNPC staff were seconded to work there due to the staff shortage a while back.. don't quote me on this though.

Breaking News!..Dose dat reciv 1st n 2nd sms are not successfu.It is d opposite strategies dat PC uses. Dose dat hav nt riciv sms ar d successful ones...

Good for you..but if that's the case then you would have known about Hyson being a JV also.

All the best.[/quote]

Please understand the difference between joint venture and subsidiary. NNPC is in joint venture with the IOCs (Total, ExxonMobil, SPDC etc.) and LOCs (Seplat, Newcross, Frontier oil etc.). Crude production by these IOCs and LOCs is shared 60:40 with NNPC owning 60%. For a subsidiary, NNPC entirely own and run the operation of the company. Duke oil and Hyson are subsidiaries.

Gloom:
Please understand the difference between joint venture and subsidiary. NNPC is in joint venture with the IOCs (Total, ExxonMobil, SPDC etc.) and LOCs (Seplat, Newcross, Frontier oil etc.). Crude production by these IOCs and LOCs is shared 60:40 with NNPC owning 60%. For a subsidiary, NNPC entirely own and run the operation of the company. Duke oil and Hyson are subsidiaries.

Smh. Anybody can sha talk.

Before you go on, lay your hands on ANY letterhead of Hyson and read clearly what it states after the Hyson name.

I'm out.

madri4u:
Breaking News!..Dose dat reciv 1st n 2nd sms are not successfu.It is d opposite strategies dat PC uses. Dose dat hav nt riciv sms ar d successful ones...

Good for you..but if that's the case then you would have known about Hyson being a JV also.

All the best.

Is this true?

Eruditor:
Boygeorge97,



This is the post you are referring to ^^. As you can see, I was admitting that I didn't know he combined the 2 positions but that is not what your friend was seeking to correct (and thereby exposing his own folly and rank ignorance).

Also, your feelings are very wrong (I will stress the 'very'). I have been giving reactionary responses to ONLY those who want to supplant facts with fiction and are hiding behind conjectures, bible verses and shallow quotes while at it.

BTW, I didn't know about Bernard Otti via the invitation letters (for the exams) as I didn't even get it. I am very close to one of his Nephews plus that name became a household one following the Nuhu Ribadu-Led committee probe of the NNPC.

I wish you well too.

Okay,abeg no vex again,if Pcl in defence of their comments on sending messages in batches decides to invite more people I don't think anyone here can block the messages,if on the contrary they didn't send again.........then no wahala,people will continue to live happily ever,because life doesn't centre on one place..........finally,please allow people to sort themselves out the way they want......if a fellow feels happy just by mere hearing that they will send messages to more candidates please don't block the happiness even when you think/know that is not possible again........with this....I think we should change topic.....just for the good of this thread.

scarletdp:


Believe me the fact that he's got the sms shows he's not the same with people without. But then again that's relative. The glass is either half full or half empty. it all depends on how you look at it bruv

Okay.......I am very sorry if that statement didn't go down well with you......let's keep our fingers crossed and hope for the best....sleep tight

masonkz:


Smh. Anybody can sha talk.

Before you go on, lay your hands on ANY letterhead of Hyson and read clearly what it states after the Hyson name.

I'm out.

Oga! What you don't know exists.....

When people have information from different sources I feel It is better to learn from one another and come to a reasonable conclusion.

See below as stated in the nnpc web page about Duke Oil:

However, the company’s JV engagements were brought to an end in 1995 when it was considered that its capability had grown sufficiently for it to commence trading operations on its own, on stand alone basis.
Since commencement of independent trading operations, Duke Oil has been steadily increasing its operating and financial capacity in both crude oil and petroleum products activities.

So what if the only point of contact some persons have with nnpc is the company website?

Let's try to be friendly with our contributions. Keep the thread lively amigos.................

babacha:


Hyson and duke are not JV, they are pure subsidiary of nnpc, Hyson represent nnpc in trading off excess grude oil and petroleum products in nigeria while duke represent nnpc in the internation market, that is why their office is in pagama. Both are subsidiary just like WRPC and others. For ur information, nnpc own 60% shares in any E & P company in nigeria be it multinational or indigenous

Sorry but HYSON has its head office in Abuja @ Ceddi plaza, its a JV between NNPC nd Vitol (Mansel n Algasco), NNPC's interest is represented abroad as Calson Bermuda operating mainly in Europe, NNPC Secondee staff holds d positions of MD and EDS while Vitol Holds d position of an EDO, so with utmost conviction its a JVC

And again pls try n verify ur facts, cos not in all corporations NNPC owns above 60%, e.g NLNG, NigerMED etc

masonkz:


Good for you..but if that's the case then you would have known about Hyson being a JV also.

All the best.

Again from the nnpc web page it is clearly stated that Hyson is a JV between NNPC and Vitol S.A a Swiss International crude oil and products trading company. So you are right based on that info. However I still want to emphasise that we share our knowledge with kindness. Guys, brace yourself for what lies ahead. Your degree is not a prison yard, education sets you free......................

Badema:


Sorry but HYSON has its head office in Abuja @ Ceddi plaza, its a JV between NNPC nd Vitol (Mansel n Algasco), NNPC's interest is represented abroad as Calson Bermuda operating mainly in Europe, NNPC Secondee staff holds d positions of MD and EDS while Vitol Holds d position of an EDO, so with utmost conviction its a JVC

And again pls try n verify ur facts, cos not in all corporations NNPC owns above 60%, e.g NLNG, NigerMED etc

Bros no quote me wrong, I said Duke oil have there office in pagama. I did not say hyson

Badema:


Sorry but HYSON has its head office in Abuja @ Ceddi plaza, its a JV between NNPC nd Vitol (Mansel n Algasco), NNPC's interest is represented abroad as Calson Bermuda operating mainly in Europe, NNPC Secondee staff holds d positions of MD and EDS while Vitol Holds d position of an EDO, so with utmost conviction its a JVC

And again pls try n verify ur facts, cos not in all corporations NNPC owns above 60%, e.g NLNG, NigerMED etc

Again bros I say nnpc own 60% in the E and P company, is NLNG E&P? try to unsterstand someone post before u comment

GeneralSnipper:


Again from the nnpc web page it is clearly stated that Hyson is a JV between NNPC and Vitol S.A a Swiss International crude oil and products trading company. So you are right based on that info. However I still want to emphasise that we share our knowledge with kindness. Guys, brace yourself for what lies ahead. Your degree is not a prison yard, education sets you free......................

Thanks for the comtribution bro, we keep learning

babacha:

Again bros I say nnpc own 60% in the E and P company, is NLNG E&P? try to unsterstand someone post before u comment

The emboldened is patently false.

madri4u:
Breaking News!..Dose dat reciv 1st n 2nd sms are not successfu.It is d opposite strategies dat PC uses. Dose dat hav nt riciv sms ar d successful ones...

Good for you..but if that's the case then you would have known about Hyson being a JV also.

All the best.

I don't mean any disrespect, but reread your comments again, how does it sound to you?

Eruditor:


The emboldened is patently false.

Federal govt (NNPC) own 60% of wat ever any E and P company produce in this contry under the production sharing contract(PSC) agreement. Go and find out before u start saying patently false

Eruditor:


http://www.use-in-a-sentence.com/english-words/academic-words-english/former.htm

http://forum.thefreedictionary.com/postst29484_She-is---was-a-former-teacher-.aspx

You put a quote on the supposed sentence but ended up not quoting it verbatim. In any case, this is the sentence: "In fact, the current DMD Bernard Otti, was a former GED of that directorate"

I know your puny brain will overheat trying to make something of the links I provided above so I will try to help (as onerous a task as can be). The phrase 'was a former' (as it pertains to humans) is employed in situations where the person in question is either dead or doing something else after retiring from a previous position as should be indicated in the sentence. So in the sentence above, I used the word 'Current' to indicate his present position and the phrase 'was a former' to indicate what he WAS before taking on the DMD role (his present position).

Feel free to accept or disregard this piece of advice:
1.Get a refund of your tuition from all your English teachers. They bilked you seriously.

2.Grow a pair and be ballsy enough to quote my posts instead of this wanton show of pusillanimity.

3. Don't be a bucolic simpleton. I am not the reason you didn't get a text from PCL. (Oops! I said it)

4. If you are as busy and employed as you claim, leave those of us that are not, to visit NL as often as possible.

Side note: I have learnt to take statements like "I am employed, I don't need this job" with a pinch of salt because most people who aver such, are usually insecure and delusional so they try to use their mouths to make up for what life hasn't given to them.

Personally, I wager you are underemployed but if it helps you sleep at night, then you are the MD of SPDC.

OMG!!! Una see why i no talk anything when i hear say NNPC don tell PCL to stop invites because of the staff training and promotion exercise?

@Eruditor: do you know how many people you have sent to the dictionary? Even me wey dey form 8.5 for IELTS and over 107 in TOEFL on the average never hear some of these words before.

Kai, you remind me of AWESU (my friend who studied the entire dictionary because he wanted to improve his scrabble game) .

Bros I hail thee oooo.

boygeorge97:
Okay,abeg no vex again,if Pcl in defence of their comments on sending messages in batches decides to invite more people I don't think anyone here can block the messages,if on the contrary they didn't send again.........then no wahala,people will continue to live happily ever,because life doesn't centre on one place..........finally,please allow people to sort themselves out the way they want......if a fellow feels happy just by mere hearing that they will send messages to more candidates please don't block the happiness even when you think/know that is not possible again........with this....I think we should change topic.....just for the good of this thread.

to the topic was changed since and u...the same u brought it along.u don't attack sbd and not expect d person to attack back...u picked on sth he said but never bothered to go tru and knw where he is coming from...eruditor didn't insult anybody except for ppl dat took it personal wit him...he also is entitled to his opinion or views just like everybody else...if u want to attack him, first start from where it all started and u will see he didn't throw d first punch...u shld ve advocated for peace and not picking offence for wat he replied his opponent ...u instead bought d case and now...u sound so defeated...LESSON...do not start wat u cannot finish...PEACE...