The Group Managing Director of Nestoil Limited, Dr. Ernest Azudialu-Obiejesi, has urged players in the Nigeria’s oil and gas sector to showcase the potential in the sector to investors.
Speaking at the 2016 edition of the Business Day-Oval Energy Oil and Gas Roundtable and Awards held recently in Lagos, Azudialu-Obiejesi said it was the duty of the players in the industry to promote the potential in the sector.
“As players in this sub-sector of the economy, we have a duty to highlight its potential to the world. We all know that Nigeria is currently undergoing a process of rebirth that will bring prosperity to everyone. As Nigerians, we have a responsibility to help the world understand this and showcase the opportunities that come with the transformation,” he explained.
He noted that Nestoil has contributed significantly to the development of the oil and gas industry in Nigeria.
According to him, 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.
In recognition of its contributions in the industry, the company emerged as the ‘Oil Service Project Manager Company of the Year’, beating other nominees in the award category to the coveted award.
While expressing his appreciation for the award Azudialu-Obiejesi, who was represented by the company’s Group Chief Operating Officer (GCOO), Dr. Chukwueloka Umeh described the award as “a recognition that will inspire Nestoil Limited and its sister companies to sustain their outstanding performance and innovation.”
Azudialu-Obiejesi noted that Nestoil is a part of the Obijackson Group which has been operating in Nigeria for over three decades.
“The nature of our operations has established us as a dependable partner in Nigeria’s quest for national development and economic empowerment. In providing our services which include pressure vessel fabrication, civil and road construction, pipeline construction, dredging and marine logistic services, dry-docking, aviation services, oil and gas exploration and production as well as power generation, we have consistently demonstrated commitment to the growth of the Nigerian nation,” he explained.
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-inch diameter gas pipeline for the Nigerian National Petroleum Corporation (NNPC), construction of the 24-inch 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).