Nestoil
90 maintenance to perhaps outage/ Shutdown. We develop projects from the pre-feasibility phase through conceptual design and FEED studies, detailed design, procurement, construction and project, management and implementation. The company also renders consultancy and project management services to smaller service companies in the industry as part of its local content development initiative. PROJECT EXPERIENCE NESTOIL has demonstrated that it is a market leader in project management, design and construction management of a new build, upgrade and modification projects for oil and gas production facilities. The company has a proven track record and proven capability in the design, procurement and installation of new oil process facilities. These projects involve project definition, conceptual design and FEED studies, detailed design, procurement, construction and project management. The company also renders consultancy and project management services to smaller service companies in the industry as part of its local content development initiative.
NESTOIL PLC Head Offic): Africa Re Building, 4th Floor, Plot 1679 Karimu Street, Victoria Island, P.O. Box 56057, koyi- Lagos. Tel: 01-26266856 Fax: 01-4627933 E-mail: info@nestoilgroup.com Website: www.nestoilgroup.com
Can you describe the state of NESTOIL’s installed capacity before the full implementation of the Nigerian Content policy from year 2005? Nestoil has about capacity to fabricate 500Tons of steel. Jetty and load out facilities were leased. Fabrication and warehouse facility was for about 500 Ton per year. How has the implementation of the policy boosted installed capacity and how will the enactment of the Nigerian Content law support your operations? It has provided more projects of larger scale boosting the companies capacity – provided opportunities to more complex projects. Financing is a major concern in the industry. How has NESTOIL been able to surmount this challenge? It has only been possible by the corporation of a few banks in Nigeria, namely Intercontinental Bank and First Bank of Nigeria. industrial Area with a large volume of human and Vehicular traffic.
OIL EXPLORATION AND PRODUCTION With the benefit of its pedigree as a multifaceted oil and gas services company, Nestoil through its sister company Gobowen E&P Limited is vigorously pursuing a program of acquisition of oil block, including oil wells that are ready for production.
TOTAL PROJECT CAPABILITY Our services cover the following onshore and offshore broad areas: * Integrated engineering services and consultancy * Equipment procurement, fabrication and installation
*pipeline/ Flowline construction, maintenance and repairs *Production Facilities-new build, upgrade operation and maintenance *Dredging, Canalization and shoreline protection *Environmental Protection and waste management * Civil/ Structural / Platform construction *Total project capability * Onshore and offshore Activities Our strength is derived from providing a complete project package i.e. from initial planning through design, procurement, construction and installation of new oil process facilities; start up, operations and
There are concerns that most indigenous operators may not have the requisite installed capacity to make the Nigerian Content law operable. Do you agree with this and what is the current installed engineering and manpower capapcity of NESTOIL? We don’t agree to this in total. Nigerian Companies have grown in terms of engineering and manpower, but more needs to be done in terms of infrastructure and manpower development. For every company there are stages of growth which have to be nurtured to build requisite installed capacity. These growths are achieved through exposure to more complex projects. Also of major concern is manpower training. How is NESTOIL dealing with this concern? Are there