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Prime Atlantic Has Vacancies for Engineers and Geoscientists


Prime Atlantic, a service provider in Nigeria’s E& P sector, has published a document offering jobs to experienced Electrical and Mechanical engineers, as well as skilled Geoscientists.

The company wants

  • Engineer: Electrical Lead III

Qualification: BSc, BTech or HND in Electrical Engineering

  • Geophysical Quality Control Representative

Qualification: BSc or MSc in Geophysical or Geotechnical Field

  • Engineer: Mechanical Lead III

Qualification: BSc, MSc in Mechanical Engineering


  • Geoscience Technical Quality Control

Qualification: BSc or MSc in Geophysical or Geotechnical field

The minimum experience is 10 years

The details of the offer are provided in this link.

Offer loses January 28, 2020.

NIGERSTAR7 Expands Fleet, Re-Flags Seven Antares and Seven Inagha


By Foluso Ogunsan

NigerStar7, the joint venture EPCI ( Engineering Procurement Commissioning and Installation) organisation birthed from the Jagal and SubSea7 partnership, has officially re-flagged its two newly acquired offshore support vessels.

They are now The NigerStar Seven Antares and NigerStar Seven Inagha.

The ceremony took place at its flagship yard NigerDock on a week day of the last week in November 2019.

The SEVEN Antares, named after a star, precisely the fifteenth brightest star in the night sky, is a pipelay vessel running 119metres in length and 32metres in width. It can work in water draughts from 5metres to hundred metres depth, serviceable for shallow and deep water environments.  A 120tonne S-Lay capacity vessel that can lay pipes from 4-60 inches in diameter, boasting a 300 tonne crane situated aft the vessel. Built to accommodate 330 persons on board, the vessel has a clear deck area of 1,370square metres. Combined on-board generated power above 3,705 kilowatts installed with Electronic Fuel Monitoring System. A Helideck sits atop the living quarters.

The SEVEN Inagha, named after a fish, is a specially adapted self-propelled and self-elevating jack-up and accommodation barge constructed in 2011.It spans 83.38metres in length and 39.32metres in width with tri-leg length of 97.5metres. It has two 295tonne cranes which can work simultaneously in tandem and it accommodates 150 persons. Its DP-1 like manoeuvrability eliminates the use of tugboats to change positions during work. It is also installed with the Electric Fuel Monitoring System.

Both vessels have been work-tested in Nigerian waters. The SEVEN Antares recently concluded PUPP-Production Uplift Pipeline Project at ExxonMobil’s Idoho field which ran from August 2018, involving pipe-laying from Idoho to the Qua Iboe Terminal (QIT). The SEVEN Inagha, absent at the re-flagging ceremony, was at work carrying out Platform Revamp Project on all Mobil Producing Nigeria (MPN) platforms in Nigeria. Initially billed as a three-year project, timely completion of project under budget saw it being extended to five years.



EWT Begins Fabrication of Pressure Vessels for Ikike Oil Field 


Energy Works Technology (EWT) executed the first steel cut for the delivery of four major pressure vessels for the Ikike Oil Field development in the Oil Mining Lease (OML) 99, in shallow water south eastern Nigeria.

The first steel cut ceremony marked the commencement of engineering, procurement and fabrication of an Open Drain Vessel, Closed Drain Vessel, Pig Launcher and a Pig Receiver.

The project was contracted to EWT by TOTAL E&P Nigeria Limited.

The Ikike oilfield development is expected to add 32,000 barrels to Nigeria’s daily crude production. The field is estimated to hold 70Million barrels of crude.

“This project will surely deepen Nigerian local content implementation by creating huge job opportunities for thousands of people”, says Ernest Azudialu-Obiejesi, Group Managing Director, Nestoil, the parent company of EWT.

He adds that TOTAL’s decision to avail EWT another opportunity to demonstrate its sheer capacity as an industrial fabrication company is a vote of confidence on the local capacity of indigenous companies in the sector to deliver on complex projects at all times.

Modestus Nwosu, General Manager of the Ikike Project, for TOTAL E & P, comments that EWT won the contract strictly on its merit. According to him, “EWT shares the same values with TOTAL. We are safety conscious and work with companies that have safety standards; we don’t do business with companies that have poor safety records.”


MG VOWGAS To Host Local Content Delegates At Its Yard


MG VOWGAS Group will be hosting a number of distinguished, C-Level Oil Industry Executives at its fabrication yard in Port Harcourt in Nigeria’s Eastern Niger Delta Basin, in early December.

It is the site visit of delegates to the Practical Nigerian Content Forum, organized by the London based CWC Ltd and held annually since 2011. The 2019 fare is the 9th edition.

The CWC has organized this event, every year, as some form of work shopping through Local content requirements and compliance for companies, in Yenagoa, Bayelsa State Nigeria, in concert with the Nigerian Content Development and Monitoring Board (NCDMB). The dates for this year are December 2-5, 2019.

“Delegates and Oil and gas Industry stakeholders will be visiting the facility at MG VOWGAS state of the arts fabrication yard in Port Harcourt for an opportunity to experience Nigerian Content in Action”, says Godwin Izomor, Group Managing Director of MG VOWGAS Limited. “We are proud to be chosen as the 2019  host of the delegates’ tour of the PNC, a tour known as Nigerian Content in Action”.

Izomor emphasized that MG VOWGAS is ASME certified. (ASME refers to the American Mechanical Engineering Certification).

The company, a wholly indigenous (Nigerian) firm, was incorporated in 2006 with the purpose of providing services in Engineering, Procurement, Installation, Construction, Pipeline Turnkey services and Marine Services.

Izomor says MG VOWGAS is the foremost pressure Vessel and Process plant Manufacturer providing services to the upstream production value chain, to the International Oil Companies and Nigerian Independents. Its services include Dish Head manufacturing and Post- weld Heat Treatment, as well as cold cutting, all done in its Mount Zion Fabrication Yard in Woji, Port Harcourt.

Global Supply-Chain Decommissioning Roadmap: Whitepaper


It’s no secret that the global decommissioning market is hotting up in huge leaps and bounds. With enormous opportunities in the pipeline, contracts are being rolled out across the globe over the next 12 months. DecomWorld has put together a brand-new whitepaper – Supply-chain decommissioning roadmap: Pinpointing contractual opportunities and mobilizing resources across global decommissioning markets. What you can expect in the report:

  • Pinpointing opportunities: project pipelines– get a list of assets poised to embark on decommissioning within the next 1-2 years across both the GOM and North Sea
  • AsiaPac – Valued!Get regional market values for decommissioning expenditures across the globe, including AsiaPac and Norway, with insight being shared on when contracts will roll out and when tenders will begin
  • Global Market Deep Dives: Critical analysis on 6 international markets, including UK, Norway, Thailand and GOM, investigating market value, project pipelines, and market characteristics

Download the report for free here

Any questions, please get in touch with Owen, Project Director at DecomWorld at


PAID POST: FREE WEBINAR; Beyond Cement- Seeking P&A Alternatives

With P&A costs accounting for ca. 45% of total decommissioning spend, developments in plugging technology hold the potential to deliver unparalleled savings at end of life. DecomWorld’s upcoming webinar – Beyond Cement – Seeking P&A Alternatives (30 October, 10am CST) – discusses the potential of alternative plugging materials and shares case study insights into the latest technologies. This webinar features insight from Henry StAubyn, VP Advisory US (PACE) , Paul Carragher, CEO (BiSN), Phil Head, Founder & Director (Panda-Seal) and Prof Richard D. Neilson, Centre Director (National Decommissioning Centre). Register today and come away with your definitive guide to alternate plugging materials:

  • Evaluate alternatives to traditional cement and bridge plug abandonment
  • Get in the know on the latest tech developments and understand the potential for new materials to ensure both cost efficacy and environmental safety
  • Hear how a state-of-the-art barrier verification chamber has the potential to transform the development of cost-effective P&A technologies

If you aren’t able to make the times, that’s no problem- simply sign up and I’ll personally send you the recordings free of charge. The webinar is produced in collaboration with the 12th Annual Decommissioning and Abandonment Summit, Houston Texas. Any questions, contact Owen, the event director, at

Please click here for details:


PAID POST: Nigeria in focus at Africa Oil Week

Relations between South Africa and Nigeria have been strained in recent months after several days of riots in South Africa in September that mainly targeted foreign-owned, including Nigerian, businesses.

But following a visit to South Africa by Nigeria’s President Muhammadu Buhari tensions havev eased. A further sign of the improving relationship is the visit of Nigeria’s Minister of State for Petroleum Resources, Timipre Sylva, to Africa Oil Week, the minister proclaiming himself being excited to be travelling to South Africa.

As the largest upstream event on the continent, Africa Oil Week has enjoyed attendance from the industry’s highest-level decision makers for over 25 years. This year is no different, with Nigeria’s brand new NPCC GMD making his international debut at the 2019 conference in Cape Town this November (4-8).

Mallam Melee Kyari will be setting out the future vision of the NNPC under his leadership and participating in a session titled ‘Atlantic Transform Margin (Liberia to Nigeria)’, where he will provide a deep insight into the current operating landscape in some of the most highly sought-after regions.

Conference organisers say  Bold vision promises new dawn for Nigeria’s ailing petrochemical industry”

Below are excerpts from the Press release…

Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resources has been in the hands of the Nigerian National Petroleum Corporation (NNPC) that was established in 1977 as a merger of the Nigerian National Oil Corporation and the Federal Ministry of Mines and Steel. NNPC by law manages the joint venture between the Nigerian Government and international oil companies such as Shell, Agip, ExxonMobil, Total and Chevron.

Despite its rich resources, at present Nigeria’s state-dominated oil industry is declining, afflicted by systemic corruption, starved for international investment, and hit hard by weak oil prices. Despite that malaise, oil remains the country’s chief source of income.

A choice of paths

What many considered a watershed moment for the industry occurred earlier this year in the country’s election with two conflicting strategies for the development of the industry put forward by the two candidates.

The incumbent, Muhammadu Buhari’s planned to retain a nationalized oil industry under the NNPC banner while the vision of his opponent, Atiku Abubakar, was to sell off aging refineries to private buyers to liberalise the economy. In the end Buhari won a tight contest.

The importance of the oil and gas sector for the state cannot be underestimated with more than half of its revenue along with 85 per cent of its export revenue coming from the sector. Despite the 40 billion barrels of oil under its control, Nigeria’s ageing infrastructure can only produce around 2.5 million barrels of crude oil per day.

Adding to this malady is the state of its mid-stream and downstream infrastructure that many believe is in even worse condition than its upstream assets.  The refineries dotted around the Niger Delta region are at present producing less than half of the 500,000 barrel per day capacity, with this figure dropping to almost ten per cent late last year.

New beginnings for NNPC

The man charged with implementing the president’s policy is Mallam Mele Kolo Kyari, who took on the role of group managing director of the Nigerian National Petroleum Corporation (NNPC) early this year. He quickly vowed to reverse the trend of petroleum imports into Nigeria by improving the existing refineries and encouraging private sector investment in the refineries.

“We must end the trend of fuel importation as an oil producing country,” he said at a press conference shortly after taking on the role. “We will deliver on the rehabilitation of the four refineries within the life of this administration and support the private sector to build refineries. We will support the Dangote refinery to come on stream on schedule and we will transform Nigeria into a net exporter of petroleum products by 2023”.

He added that the government’s target of raising crude oil production and reserves to three million barrels per day and 40 billion barrels respectively was possible and that he would galvanise the corporation to achieve it by 2023.

When it comes to rooting out the corruption that has plagued the industry in Nigeria he pointed out how much NNPC had changed over the past three years from the old image of a corruption-laden organisation, stressing that he would continue to entrench the culture of accountability in the affairs of the corporation.

“We are going to work to remove every element of discretion from our processes, because discretion is one of the greatest enablers of corruption”, he said. “NNPC will not be opaque, we’ll be transparent to all so that at the end of the day everyone will be in a position to assess us and say what we have done right or wrong”.

Support from OPEC

The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, has commended the NNPC for its ongoing reforms aimed at changing the fortunes of the corporation for the better.

“I am glad that you continue to march on with your projects despite the downturn in the Industry, he said. “We have seen the Industry globally suffer in terms of contraction in investment which affected capacity. You have not only been able to stay on course, but you also continue with these projects which are critical for the development of the corporation and the industry in Nigeria.”

“To lead such a sensitive and capital-intensive industry like oil and gas, you must have transparency and accountability as one of your core principles in order to drive change. I am glad I have known Mele Kyari for a very long time. He is a very capable and straightforward individual with a high level of integrity even as a very junior officer. So, he has a track record. I remain confident that together with his team, and with the support of government, he will accomplish the task”.

Building a Nigerian giant

Key to this strategy of reducing imports is the Dangote refinery that is under construction near Lagos. The 650,000 barrels per day (bpd) integrated refinery and petrochemical project will be Africa’s biggest oil refinery and the world’s biggest single-train facility upon completion in 2020. The facility will be able to process a variety of light and medium grades of crude to produce Euro-V quality clean fuels including gasoline and diesel as well as jet fuel and polypropylene.

For more information, please contact:

On behalf of Africa Oil Week

Joanna Kotyrba Email:

About Africa Oil Week 

Africa Oil Week is the leading oil and gas event for the continent, with over 1500 key executives attending from around the world to broker new deals. The global E&P community – government, NOCs, international oil companies, independents, investors and service providers – is brought together here like no other event. This unique event is a hub for deal making and building networks with senior decision-makers.




PAID POST: NOGA Awards Celebrates the Top 25 Oil Companies


The Nigerian Oil and Gas Awards NOG A ceremony will hold at the Civic Centre in Victoria Island, Lagos, Nigeria on Friday 27th March, 2020.

In collaboration with the award-winning Africa Oil+Gas Report, the TOP 25 Oil and Gas companies operating in Nigeria are nominated for the awards in Seven categories following strict performance guidelines.

The Top 25 for year 2019 include oil service companies, both local and international, E&P companies, both indigenous independents, majors and super majors, marine facility operators, shipyards, logistics companies and so on.

The awards are for innovation, Corporate social responsibility, Environmental responsibility and Marine services categories; to mention a few.

In attendance will be the CEOs of these 25 companies along with the Honorable Minister of state for Petroleum Resources Hon. Timipre Silva as the special guest of honor at the event.

The NOGA awards is an annual event which partners with Africa Oil+Gas Report, and the LONDON STOCK EXCHAGE [LSE] (where some of these nominated 25 companies are already listed), to identify, promote and acknowledge the outstanding contributions of organizations and individuals who typify the most admirable business values in Nigeria’s oil and gas industry while contributing to the nation’s economic growth.




Oil Companies Work towards the Industrial State


Nigeria’s hydrocarbon sector has largely been about extraction of crude oil for export and importation of petroleum products for consumption.

And when the authorities talk about diversification of the country’s economy, the focus isn’t always about diversification within the hydrocarbon industry itself.

“We should include talk about diversification within the oil industry”, says Ebi Omatsola, founding Chief Executive of Conoil.

This kind of thinking is already enshrined in the draft National Oil and Gas Policies, widely circulated in 2016, but not gazetted.

One company that has actively interrogated the industrial economy through its hydrocarbon assets is Niger Delta Petroleum Resources (NDPR) Limited.

Layi Fatona, who just left the mantle of the CEO, explains in this video.

Petralon Sets the Bar High


By Foluso Ogunsan

On a rainy July afternoon in Lagos, the hub of West African commerce, Ahonsi  Unuigbe is seated in his office, contemplating the next five years.

The former Citi Bank banker founded Petralon Energy only five years ago, put money into work in buying equity in a marginal field in the east of the Niger Delta Basin and is on schedule to resume crude oil production on the asset in the next month.

But that’s done. Unuigbe has moved on: he’s engaging putative partners for more asset acquisition. He is scaling up.

“Our core focus is to find and unlock oil reserves and oil production in the most cost-efficient way, using the best technology and the most efficient means, primarily in Nigeria to start off, then onwards to the rest of Africa”, he says. “We bring this same focus to our business in the midstream industry which is crude trading and supply”.

Set up in May 2014, Petralon wanted to get involved in the proposed 2013/2014 Marginal Field Bid Round exercise.  The round didn’t happen, so in late 2014/early 2015, the company farmed into the Dawes Island Marginal field held by Eurafric, itself an awardee in the 2003 Marginal Field Bid Round.

The capital injected by Petralon was expended in re-entering and side-tracking the existing discovery well drilled by Chevron in 1978. Its total investment from 2014 till present on the 14Million barrel (2P reserves) field is at circa $20Million. Petralon and the Joint Venture contracted a Crude Offtake and Purchase agreement with Shell Trading, but the difficulty of finding a viable evacuation route necessitated the shutdown of production activities until recently, when a new agreement involving an alternative evacuation route, via barging to an FPSO, with the same offtaker, will see the production resume in the month of August 2019. The venture aims to start at 2,000 barrels of oil per day, ramping production to 3,500 barrels of oil per day by 2H 2020.

Petralon aims to grow production seven-fold and net reserves by 500%.


A number of mid-size transactions are at different levels of progression. In one deal-in-the-making, the two subject fields hold 2P reserves of between 30 and 60Million barrels. A second transaction involves a relatively large acreage holding more than 100Million barrels in reserves. Petralon sets its sights on net production of 15,000 barrels of crude oil by year end 2023. Tall order.

Part of the drive to achieve this is assembling a stellar cast of Industry and business personnel on its board. Mutiu Sunmonu, former MD Shell Nigeria Limited is Chairman and shareholder in Petralon Energy. So is Aigboje Imokhuede, former Chief Executive Officer, Access Bank and founder, Coronation Capital, Tunde Folawiyo, an established business leader and head of the Yinka Folawiyo Group. These were all, with Unuigbe, anchor investors in the company.

In June 2017, Petralon partnered with the bespoke construction company Julius Berger Nigeria to provide construction and pre-fabrication works during the Operation and Maintenance stage prior to production of any asset it gets its hand on. They will also be involved in dredging and tug-boating activities for assets located in swamp or shallow water terrains. These roles are complementary to the partnership intention for Julius Berger to participate as an equity investor with shareholder rights in the acquisition vehicles.

Another partnership agreement exists with METSCO Oil, a Swiss-based outfit whose leadership team has extensive working experience in Nigeria with Addax Petroleum on two shallow water leases – OML 123 and OML 126 for nearly two decades. The team oversaw the growth of Addax production peaking north of over 70,000 barrels per day, following its acquisition of the aforementioned assets formerly owned by Ashland. “They understand the stratigraphy as some of the fields they’ve worked on are actually contiguous to the assets we’re looking at now. Same geology, same zones, some straddle zones. They also bring an access to an international European pool of investments to complement again our own alternative local and international investor pool which we have to tap into”, Unuigbe explains.

A third agreement is with a yet undisclosed international oil trader for offtake arrangements on acquired assets in exchange for funding.  Petralon Energy would be the operator/ licence holder of all three of these assets.

The assets that Petralon is targeting have different evacuation mechanisms; one asset makes use of the existing Trans-Forcados Pipeline route, the other two will have FPSOs stationed on the block which are in shallow water of about 50 metres. The success with Dawes Island has proven Petralon’s competence is working up a proven, low-risk asset. That’s the first phase.

This second part of its growth is to gain scale by committing acquisition and development capital to mid-sized producing/near term production assets, aimed at materially improving its production and reserve base. For this end, the company has set out to raise capital from the Nigeria market to the tune of $80 -100Million, thus bringing in new shareholders to the company. It has also commenced discussion around credit facilities that are medium-termed structured which tie into the project payback period with two financial institutions. This equity and debt capital mix, complemented by other funding sources such as offtake financing will be used to fund the Company’s acquisition and development funding requirements for the target assets.

CEO Ahonsi Unuigbe’s financial industry background comes to play here. He is a recipient, he says, of the project financing award for the first Reserve Based Lending (RBL) by an indigenous company for OML26 by First Hydrocarbon Nigeria(FHN) which was done in 2011 and later refinanced by Access Bank. “We run sensitivities and scenarios as proper finance people do, looking at the low case scenario and unless a project is sustainable at a low case oil price environment, we do not take it on. All the projects we’re talking about are sustainable at $45 oil per barrel. $40 oil just means the payback period is longer…what you thought was a three to four-year payback becomes a seven to eight year payback”. The acquisition and financing of the three assets is the core focus of the company from this year till the next. Petralon Energy has a financial and technical service role in all three assets it is seeking to operate. The first of the three assets to reach finalization of agreement prior to production will likely be by Q4 2019. Two of those assets presently producing, will be primed for further increase while the third will take a year and half to reach production status.

Born and raised in Lagos Nigeria, Ahonsi Unuigbe schooled in Nigeria, completing his university and higher-level education in United Kingdom. He started off his banking career with Citi Bank, worked and lived in various places – Nigeria, Dakar, Abidjan, Paris. He later joined Standard Bank, where as a General-Manager, he initially led the banks Project and Structured Finance Group and subsequently had responsibility for the Public Sector and International Organisation Coverage within Standard Bank’s subsidiary Stanbic IBTC. He was also seconded by the bank, as an Adviser to the Minister of Finance under the administration of Olusegun Obasanjo, then later as the Pioneer Commissioner in charge of Budget, Planning and Economic Development in his home state of Edo during the first tenure of Adams Oshiomhole.  Married with four children, he likes to play tennis.

This young company aims to become a Nigerian operator in the interim and a regional operator subsequently, branching into upstream activities in other West African countries, with an eventual dual listing in a foreign and local bourse. All within his 5-year growth plan. Ambitious target for this driven individual with Pan-African and International aspirations.




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