The International Association of Drilling Contractors (IADC) Nigeria Chapter has held its 7th Annual General Meeting (AGM) in Lagos.
Ote Enaibe, current Chairman of the group, listed the activities of the outgoing year, which included Technical Sessions, Government and Regulatory Events, HSE AWARDS Ceremony, 2018 IADC Conference participation and five (5) new members joining the body.
Vice-Chairman Chuks Enwereji reviewed the year’s overall Health Safety and Environment performance, which is the most crucial set of metrics in the drilling industry.
In spite of its importance, members’ participation in the HSE review is low. For three years running, 2016-2018, only seven out of the 25 corporate members have participated in the HSE Review. The Vice Chairman pleaded for increased member participation. Drilling activities man-hours done in Africa accounts for the third highest amount in the world-wide drilling space. Conversely the continent accounts for the second highest amount of fatalities. Nigeria is a major African player. Reducing Total Recordable Incidence Rate (TRIR) is an IADC targeted mandate. Cardinal Drilling won the HSE Award for 2018. The next HSE Award ceremony holds Q2 2019.
Enwereji applauded members for supporting the Biennial Conference of the Department of Petroleum Resources (DPR). He promoted the 2020 IADC African Drilling Conference, which though championed by Host Chapter Nigeria, will be held in Ghana based upon the cloud of perceived security challenges bedevilling the country.
The 2018 IADC Nigeria Chapter Financial Report was presented by Marvelyn Ehika, who was officially confirmed as the new Treasurer of the association at the meeting. Her findings show the association’s 2017 budget was operated with a deficit of 4.5% amounting to a million naira shortfall. At year end 2017, only eight (8) members had fully paid up their association dues. A fall-out of the slump in hydrocarbon business activities occasioned by low oil prices. The 50% drop in subvention fees from membership dues had largely been covered by savings of 2013 bumper harvest. The Draft Budget for 2019 totalling up to Eighteen Million One hundred and Ninety Thousand naira only (N18,190,000.00) was presented by Chairman Enaibe. It is expected to cover the year-long activities of two Technical Sessions- Business Outlook in Q1, HSE Awards Event and Technical Session in Q2.Q3 involves organising training for the Chapter’s field personnel alongside Government and Regulatory Events and Q4 wraps up with the AGM. The draft budget also covers International travels for IADC Conferences, The Secretariat, General Administration and Auditors fees.
Olusola Ismail, Secretary of Board Of Trustees (BOT) IADC NIGERIA CHAPTER questioned the rationale of holding the Nigeria Chapter-hosted African Drilling Conference in Ghana, factoring costs, logistics and practicalities rather than Nigeria. Hisham Zebian, Regional Representative IADC Body for Europe, Middle East and Africa whilst agreeing that perceived misinformation about Nigeria contributed to the decision, highlighted cumbersome visa application process by interested attendees from other IADC Chapters as a contributory reason. Ben Agadagba, Member Board Of Trustee IADC NIGERIA chipped in the need for increased participation by heads of drilling companies. Uche of SeaDrill pressed for increased involvement of the IADC NIGERIA CHAPTER in hydrocarbon industry policy drafting process.
Other pertinent issues being tackled by the association include the DPR’s newly-introduced $650 per-rig operative-per annum Offshore Safety Passport (OSP) for offshore rig operations, the combination of PLI, Annual Condition Survey and the fuel storage on rig operations all bundled into one Annual Condition Survey. Weeding out Portfolio drilling contractors and regularising registration procedure(s). Technical sessions for field operatives in oil cities of Port-Harcourt, Uyo etc. Sponsorship, increasing members and Associate Members lists from IOCs, NOCs and Service Companies. Forthcoming change of address by January 2019.