With the development of marginal fields becoming very slow in the country as a result of some fields being unable to engage in meaningful exploration and production activities 15 years after, operators have expressed optimism that new investments would strengthen the nation’s production output.
Indeed, an oil and gas terminal being constructed by the Green Energy International Limited (GEIL) and Lekoil, operators of the Otakikpo marginal field in Oil Mining Licence 11 is set to kick-off as negotiations for the commencement of engineering, procurement and construction of the one million barrels per facility is on the verge of completion.
Speaking in Abuja at an event of the official project sign-off between GEIL and John Hopkins University Centre for Communications Chairman of GEIL, Chairman of the organization, Prof. Anthony Adegbulugbe, said local content development and sustainable business operations towards people and the environment has been prioritized in the project.
The construction of the terminal followed an approval granted by the Federal Government through the Department of Petroleum Resources to construct the onshore terminal.
He stressed on the need for oil and gas companies to priorities sustainable solutions while doing business, particularly to meet up United Nations Sustainable Development Goals, adding that local content contribution remained a priority in the construction of the facility.
Adegbulugbe also urged Nigerian universities to step in order to address the challenges in the country, especially in the oil and gas industry. Speaking on the new deal, the Professor said: “Our primary contribution is safely developing and delivering the affordable, reliable energy that is necessary for social and economic progress.We also contribute through our work in protecting people and the environment; through our investments in health, education and economic development,” he said.
“We believe that our partnership with John Hopkins University Centre for Communication Programmes to deliver on the Community Connect Programme, would create a pathway to improve and strengthen the host communities’ health system around the provision of RMNCH services through supportive supervision, monitoring, the unique 72-hour clinic makeovers, whole Site Orientation (WSO) and performance improvement plans.”He said the deal with the university would cost about N144 million, adding the plan would run for a period of two years.