NESTOIL bags BusinessDay award

Nigeria’s foremost Engineering, Procurement, Construction and Commissioning (EPCC) Services Company, Nestoil Ltd emerged as the Oil Service Project Manager Company of the Year at the 2016 edition of the BusinessDay-Oval Energy Oil & Gas Roundtable and Awards held at the Civic Centre, Lagos last Friday.

Nestoil Limited outclassed other services companies nominated in the award category to win the coveted award owing to its history of performance, quality of equipment and number of projects successfully completed. Over the past two decades, Nestoil Limited has affirmed its industry leadership through execution of technically complex projects which have enhanced quality of life in Nigeria and contributed to the operational efficiency of its clients in the oil, gas and energy sectors of the nation’s economy.

As the indigenous leader in pipeline construction, the company is acknowledged for execution of some landmark projects in Nigeria. These include construction of the Edjeba Sewage Treatment Plan in Warri, construction of the OB3 (Obiafu/Obrikom to Oben) 48” diameter gas pipeline for the Nigerian National Petroleum Corporation (NNPC), construction of the 24” diameter Nember-Cawthorne Channel Trunckline (NCTL) for Shell Petroleum Development Company (SPDC), construction and installation of the 2.5km Escravos River Cross as part of the OML 42 oil export pipeline network construction for the Nigerian Petroleum Development Company (NPDC).

The company’s Group Managing Director (GMD), Dr. Ernest Azudialu-Obiejesi, while expressing his appreciation to the management of BusinessDay Media Ltd, described the award as “a recognition that will inspire Nestoil Limited and its sister companies to sustain their outstanding performance and innovation”.

Speaking through Dr. Chukwueloka Umeh, the company’s Chief Operating Officer (COO), who received the award on behalf of the company, Dr. Azudialu-Obiejesi enjoined operators in the nation’s oil and gas sector to showcase the sector’s potentials to investors.

According to him, “As players in this sub-sector of the economy, we have a duty to highlight its potentials to the world.  We all know that Nigeria is currently undergoing a process of rebirth that will bring prosperity to everyone. As Nigerians, we have a responsibility to help the world understand this and showcase the opportunities that come with the transformation”.

L – R: Dr. Chukwueloka Umeh, Group Chief Operating Officer, Nestoil Limited receiving the award for the Oil Service Project Manager Company of the Year from Mr. Nicolas Terraz, Managing Director, Total Exploration and Production Limited, at the 2016 edition of the BusinessDay-Oval Energy Oil & Gas Roundtable and Awards held at the Civic Centre, Lagos, recently

“Nestoil is a part of The Obijackson Group which has been operating in Nigeria for over three decades. The nature of our operations has established us as a dependable partner in Nigeria’s quest for national development and economic empowerment. In providing our services which include pressure vessel fabrication, civil and road construction, pipeline construction, dredging and marine logistic services, dry-docking, aviation services, oil and gas exploration and production as well as power generation, we have consistently demonstrated commitment to the growth of the Nigerian nation”, he added.

Arguably the largest indigenous Engineering, Procurement, Construction and Commissioning (EPCC) services provider for major IOCs (International Oil Companies) in Sub-Saharan Africa, Nestoil Limited has contributed significantly to the development of the oil and gas industry. The company is founded on its capacity to execute and deliver projects in any terrain and location enabled by its effective community relations and stakeholders’ engagement strategy.