Thursday, 28th March 2024
To guardian.ng
Search

NETCO seeks more roles in refineries’ rehabilitation

By Collins Olayinka
20 July 2016   |   1:54 am
The National Engineering and Technical Company Limited (NETCO) is working with the in-house Engineers in the Nigerian National Petroleum Corporation (NNPC) in the rehabilitation of the nation’s refineries.
National Engineering and Technical Company Limited (NETCO)

National Engineering and Technical Company Limited (NETCO)

The National Engineering and Technical Company Limited (NETCO) is working with the in-house Engineers in the Nigerian National Petroleum Corporation (NNPC) in the rehabilitation of the nation’s refineries.

The Managing Director of the firm, Sikuye Aliyu, who revealed this in Abuja at the combined three years general meeting that included 2012, 2013 and 2014, explained that the collaboration will further deepen the local content policy of the Federal Government.

He stated: “Currently we have what we call the engineering division of the NNPC that has actually been supervising and doing all the work in the refineries. But right now NETCO is working with them and we intend to collaborate with them to do a lot more work in the refineries. For me, NETCO should be the go-to company for all engineering activities that NNPC may have. We should be the first stop and it is only when we cannot do it that we should take it out. And I’ve also appealed to the chairman and a number of other stakeholders that they should come to us as the go-to company.

“This is because we’ve grown from just an engineering company to an engineering, procurement and construction company by joining other partners locally to be able to execute projects. We have executed two EPC projects successfully. There is one with Nigerian Gas Company, which was successfully done and right now we are doing another one with Mobil which is a $500 million contract and we are executing it.”

He hinted that the firm planned to expand its collaboration with international engineering companies with some memoranda of understanding in the works.

Aliyu also said that for the first time in Nigeria, NETCO was able to collaborate with two other local engineering companies and together the joint venture was able to record more than 550,000 man-hours on a strategic project.

“We did the entire detail engineering for the Total JV Egina FPSO project and we delivered it on time, safely and within budget. So that really tells you that there’s a lot of capabilities in the country and NETCO being the largest indigenous engineering company in Nigeria is really putting all the other resources together to execute all these projects. And we can do that for other projects that are still coming as there are quite a number of them in the pipeline now,” he said.

In this article

2 Comments

  • Author’s gravatar

    Did you really do all the Detailed Engineering for the Egina FPSO project? Did also deliver on schedule and within the Budget?

  • Author’s gravatar

    The ”go-to” engineering company? And what happens to the rest of Nigerian engineering companies? Where was your company before Buhari? Was any engineering works in Nigeria ever done on budget and on time, in Nigeria? Is this the beginning or extension of conquer-by-nepotism tendencies we are seeing in the Niger Delta oil and gas sector and wider Nigerian society?

    Is there any wonder why ND Avengers is on the rampage? Buhari check your ways o.