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EMEKA OKWUOSA is the Managing Director of Oilserv. In this interview with FRANK UZUEGBUNAM on the sideline of the 2019 Offshore Technology Conference (OTC) in Houston, US, Okwuosa talks about his company’s game-changing role in Obiafu-Obrikom-Oben (OB3) pipeline project, Ajaokuta-Abuja-Kaduna-Kano (AKK) gas pipeline, indigenous companies’ participation in deep-water amongst other issues. Excerpts:
Can you give an overview of Nigeria’s oil and gas industry?
Nigeria’s oil and gas industry has come a long way and it has continued to be relevant. It has also continued to drive the economy of Nigeria, but not quite as much as we expected in terms of integration into the Nigerian economy as far as GDP contribution to the economy is concerned.
There are many structured manners that can be put in place to achieve that. What is important is that available opportunities in services, whether it is in deep offshore or land or swamps, less than 20 per cent of that is touched today in terms of value. The opportunities are huge.
OB3 pipeline project is a game changer and Oilserv is playing a key role in its delivery. How soon are we getting to the project delivery?
Let’s put OB3 in proper perspective – no pipeline has been built in Nigeria of that size or capacity. You may recollect that in the 1970s, 80s, and 90s, we had the likes of Wilbros and others but there was no Nigerian player in the pipeline industry.
Look at our all pipeline infrastructure today, nowhere has 48-inch pipeline been built. It is not only the pipeline, we have the gas treatment plant (GTP) at Oben which is part of our scope. This is a GTP that is handling two billion standard cubic feet of gas per day (2bscuf/d). This has never … Read More...