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FG opens data bank for SMEs

LogoDaily Independent Online.         * Thursday, June 17, 2004.

Agbami, Aparo to improve local content

By Charles Okonji

Snr Business Correspondent, Lagos

 

ChevronTexaco Nigeria Limited’s Agbami, Nsiko and Aparo oil fields, would help to improve the local content in the oil industry. This is besides the fact that the company’s deepwater operations would be of economic significance to Nigeria.

The company’s General Manager and Head, Nigeria  and Mid-Africa Strategic Business Unit’s Deepwater Venture, Mr. Donald MacDonald, also disclosed that the company planned not only to recruit and train, but also to boost the local content and sustainable development as the key elements in deepwater  programme.

He said the firm’s plan was to recruit and train Nigerian professionals to manage and operate its deepwater assets, stating that ChevronTexaco was working to grow local capabilities in order to meet the demand of the future.

MacDonald said the company’s recent efforts had been “very proactive in building local technical capabilities,” stressing that it had achieved it through bringing in major aspects of the deepwater activities in Lagos and training its workers locally along with its Houston Deepwater Organisation.

He said: “Fast-forward five years and you will see our deepwater organisation to be predominantly staffed by nationals. There are a lot of new skills to be acquired and technologies to be mastered in a short period of time, but we believe we have the people in the organisation to make it all happen.”

MacDonald explained that ChevronTexaco got 10 licences in Nigeria and one in Equatorial Guinea, which included OPL 250, OPL 214, OPL 318 and OPL 249. The company drilled the Aparo discovery well on OPL 213 in late 2001.  He stated that as the company moved in the Agbami development, there would be more employment. Besides, as the other discoveries like Nsiko comes in, there would be significant increase in human resources, he added.

Agbami field ranked the largest single find to date in West Africa, spanning an area of 45,000 square kilometres. The Agbami-2 appraisal well was drilled in 4,800 feet of water to a total depth of 15,683 feet in 1999. The well, which encountered 534 feet of pay in five separate oil-bearing zones, flowed at a maximum rate of 10,000 barrels per day.  The testing of Agbami-2 appraisal will confirm that its structure is a giant discovery with recoverable  reserves of about one billion barrels of oil.                                                                                                                               

 

 

 
 

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