NNPC Upstream Investment Services [NUIS] has announced a partnership with Chevron Nigeria Limited to boost gas supply to the Nigerian domestic market.
The NUIS is a subsidiary of the Nigerian National Petroleum Company Limited. The company chief investment officer, Mr. Bala Wunti, dropped the hint yesterday through his official tweeter handle.
According to him, the agreement was reached during an official visit by the management of NUIS team to Chevron Escravos facilities last weekend.
He explained that the visit was in continuation of the series of visits to engage with Chevron people, fact-Finding on burning issues, and to co-create and align on actionable focus areas that will enable the two companies to deliver on mutual energy security mandate, and generate value for the country, as well as partners.
Also Read: NNPC Flaunts Scored-Card, From Sector Reforms
NNPC Upstream Investment Services (NUIS) metamorphosed from the erstwhile National Petroleum Investment Management Services, following the recent restructuring and consolidation of the defunct Nigeria National Petroleum Corporation.
NUIMS now has a segment of the former Crude Oil Marketing Division based on the restructuring.
Wunti said the joint NUIM and Chevron met and toured the integrated NNPC Ltd – Chevron Escravos facilities, including the Escravos Gas Plant (EGP) and Escravos Gas-to-Liquid (EGTL).
“The visit is in continuation of our series of visits to engage with Chevron people, fact-finding on burning issues, and to co-create and align on actionable focus areas that will enable us to deliver on our energy security mandate and generate value for Nigeria and partners.
“Without any doubt, the Chevron facility is world-class, and the operation is excellent. The people are professional and are symbol of true Chevron culture of excellence, Wunti said
Also Read: Shell, ExxonMobil, Chevron, Agree to End Billion Dollar Litigation Against Nigeria
Details of the agreement, he explained, include that NUIMS and Chevron would ensure and prioritize safety, integrity, and reliability (SIR priorities) in all operations.
The two parties also agreed to maintain focus on improving gas supply to the domestic market, the NUIMS boss said.
“Being our first work visit since the transformation of former NAPIMS to NUIMS, I used the opportunity to reinforce NNPC Ltd’s commitment to collaboration and speedy decision-making in line with NUIMS’ operating philosophy of safety, speed, compliance, and excellence (SSCE),” he said
Be the first to know when we publish an update
