Oil & Energy
Local Content: Total MD Hails Ikike Project
The Country Chair and Managing Director, Total E&P, Mike Sangster has described the Ikike Development Project as a major boost to Nigerian Local Content Development drive.
The MD/CEO of Total disclosed this during the first Steel Cutting Ceremony of the Okike Development Project held at Saipem, Rumulumeni, Port Harcourt, recently.
Represented by the Deputy Managing Director (DMD), Port Harcourt District of TEPNG, Guillaume Dulout, the MD/CEO of TEPNG, said the Ikike project was a template project for Total as its successful completion would allow the launch of several other similar developments; “in detailed engineering, procurement and tender processes with ongoing contracts domiciled in Nigeria.”
He said the “ basic and detailed engineering has been successfully executed in Nigeria by NETCO, which continues to provide construction assistance. The construction of Jackets, modules, topsides, and risers in Nigeria yards will boost local employments, with direct and indirect jobs.”
The MD further stated that; “Ikike is a testament of cooperation and working together, though each oil and gas development project has its peculiar challenges , a key success factor is always the willingness of all parties involved to cooperate and address the challenges.”
He commended the management of Saipem, Department of Petroleum Resources (DPR), NAPIMS, Nigeria Content Development Monitoring Board(NCDMB) for their support in the delivery of the project.
In his remark, the Saipem Project Manager, IKD1,/Giovanni Lattanzia said the first Steel Cutting of the project was symbolic of another major breakthrough in Nigeria Local Content Development,and called on all stakeholders to support the project to achieve it laudable objectives.
Also speaking at the event, the General Manager of the Ikike project, Modestus Nwosu, restated the commitment of the project towards, “ safety culture initiatives, best practices,” and urged all stakeholders to work together to achieve the objectives of the project.
Coming on the heels of the celebrated Egina project, the Ikike development project is considered to be another milestone on the part of Total and Saipem IGPES, in the actualization of the objectives of Nigeria Content development policies in the oil and gas sector.
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Delta Targets 120MW Power Boost, Moves To Cut Reliance On National Grid
The State Commissioner for Works (Rural Roads) and Public Information, Charles Aniagwu, disclosed this at a press conference in Asaba, weekend, noting that the initiative was part of wider reforms aimed at opening up the power sector to private investors.
Aniagwu, who was accompanied by the Executive Assistant to the Governor on New Media, Felix Ofou, said the state was exploring alternative sources of electricity to support businesses, households and communities while reducing pressure on the national grid.
He said the government was particularly interested in exploiting Delta’s abundant natural gas resources for power generation, pointing to the Kwale Free Trade Zone, which is part of the state’s special economic zone, as a major opportunity for investors.
According to him, prospective investors were taken to the zone during the state’s recent economic summit to enable them to assess the availability of gas as a key raw material for electricity generation. ComparePower Rates
The commissioner explained that generating more electricity locally would not only increase supply in Delta but also free up power on the national grid for use by other consumers.
Aniagwu cited the 8.5MW Independent Power Plant located behind the state secretariat in Asaba as an example of what could be achieved through alternative power sources.
He said the facility had enabled the secretariat complex to operate independently of the national grid, thereby making the electricity that would otherwise have been consumed there available to other users.
He added that the planned 120MW partnership with Supply Power would further strengthen the state’s electricity supply capacity and provide a more reliable power base for small and medium-sized enterprises.
Aniagwu said the state government was also intervening in areas traditionally regarded as the responsibility of electricity distribution companies because inadequate power supply could no longer be allowed to constrain economic development. LearnQuantum Physics
He identified the extension of the electricity grid from Abraka towards the Ndokwa axis as one of the interventions being undertaken to connect more communities to electricity.
The commissioner, however, raised concerns over the burden placed on communities that are often required to provide transformers and other electricity infrastructure, only for distribution companies to take over the facilities and subsequently collect electricity bills without adequately accounting for the investments made by the communities.
He said the state would continue to support efforts aimed at energising communities, noting that improved electricity supply would stimulate businesses, create jobs and help tackle social problems associated with unemployment and idleness.
On regulation, Aniagwu said the government was working with the Ministry of Energy and a committee set up to develop an appropriate regulatory framework for the state’s emerging power sector. SwitchEnergy Plans
He said the proposed energy commission would be responsible for regulating new electricity producers, determining appropriate tariffs and overseeing distribution networks.
The commissioner stressed that liberalising the sector required effective regulation to protect consumers and investors, adding that decisions on power distribution infrastructure, including the use of overhead or underground lines, must take into account the peculiarities and safety requirements of each location.
He warned that power expansion without adequate regulation could expose residents to electrocution and other hazards, stressing the need to protect electricity infrastructure while ensuring consumers were not subjected to unfair pricing.
Aniagwu said the state government’s broader objective was to build an efficient and sustainable electricity market driven by private investment and capable of powering businesses, households and communities across Delta State.
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