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Nigerian Indies Pump up the Volume, Smack in the middle of COVID-19 Season

There was no slow-down in crude oil production on the facilities controlled by over 20 Nigerian independents in April 2020, even as fall in demand remained the status quo and crude oil cargoes were chasing buyers.

Seplat produced over 60,000Barrels of Oil Per day (operated) on the last two days of that month, in its Wester Niger Delta assets a figure it hadn’t reached for several months before then.

NPDC’s JV with Shoreline Natural Resources and Neconde, the two other high volume, indigenous producers in the Western Niger Delta, averaged gross output of about 40,000BOPD each. NPDC/Elcrest and NPDC/First Hydrocarbon grossed 26,000BOPD and 11,000BOPD respectively in the month. (Figures are field data, which, except for NPDC/Neconde’s, will still be moderated by pipeline losses).

“We had to keep producing”, says a Chief Executive Officer of one of the companies, “even as the commodity was selling $9 or less per barrel”.

For the NPDC/ Shoreline JV, which normally averages over 60,000BPD, the lower figure was due outages caused by “forceful shutdown by host community interference in Olomoro, Oweh, Uzere and Oroni flowstations”, the field notes show.

Some of the companies had hedged against fluctuations in oil, but these times are unusual: prices had crashed down to earth.

Even so, “Crude oil produced today may not be sold until June, when prices may have moved up”, another CEO says, in justifying why production was continuing in a frenzy.

Full details of average daily production (field data only) by Nigerian indigenous companies are published in monthly issues of Africa Oil+Gas Report.

 


African Energy Chamber Launches New Energy Jobs Portal

The platform will assist local and international companies in attracting local talent across 30 different skills set in the oil & gas, power and renewable energy sectors

The African Energy Chamber says it has launched a free-of-access jobs portal “in order to maximize the saving of local jobs and assist in the recovery of African energy markets after the COVID-19 crisis,”.

The Chamber says the portal it created with its partners is  for trained and qualified African workforce. “The collaborative platform is accessible at www.EnergyChamber.org/jobs and relays the latest jobs opportunities for Africans across the continent’s energy markets”.

The platform will assist local and international companies in attracting local talent across 30 different skills set in the oil & gas, power and renewable energy sectors. All energy companies operating in Africa are able to post their job offers for free, and these will be relayed on the platform and via the Chamber’s communications channels after approval by the Chamber’s admin and team. The jobs portal will be operated and maintained by the African Energy Chamber in order to avoid all fraud and guarantee the credibility of the offers available.

“Local content has always been the number one priority of the African Energy Chamber when advocating for an energy industry that works for Africans and builds truly sustainable business models. With this new platform, we are getting rid of a lot of entry barriers set on the job market by expensive recruitment agencies. This initiative of the Chamber is non lucrative and we encourage all African and international companies to work with us on boosting local jobs creation to support the recovery of our industry and build true sustainability,” declared Nj Ayuk, Executive Chairman at the African Energy Chamber.

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