The Petroleum Technology Association of Nigeria (PETAN), yesterday, presented an Award of Excellence to the Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Ronald Adams, commending the company for supporting Nigerian content development in the energy industry.
 
The award, which was handed over by PETAN Chairman, Wole Ogunsanya, during a courtesy call at SNEPCo office, described the Managing Director as an “astute and visionary technocrat,” in apparent reference to his efforts to sustain the achievements of SNEPCo in deep-water production since he came into the role in October last year.
 
Ogunsanya said: “The history of local content in Nigeria is Shell. Apart from the fact that most of the people in the industry are ex-Shell, for some of us who work with the service companies, Shell gave us jobs that enabled us to build capacity. Shell has continued to play this role, and PETAN remains ready to continue collaborating with Shell to raise local capacity.”
 
Adams expressed gratitude for the award and commended PETAN member companies for contributing to the success of SNEPCo operations at Bonga, “from first oil in 2005 to the production of the 1 billionth barrels in 2023.”
 
He said that investments by the International Oil Companies (IOCs) and independent producers in the energy industry would deliver a lasting impact when organisations like PETAN leverage their experience and expertise for the overall development of the sector.
 
PETAN comprises over 100 indigenous technical oilfield service companies, with cumulative yearly revenues running into millions of dollars. The organisation celebrated its 30th anniversary last year.