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Tag: Chevron

  • Chevron donates $500,000 to California fire victims

    Chevron donates $500,000 to California fire victims

    Chevron has donated $500,000 to the American Red Cross in support of  vitims of the wildfires in Northern and Southern California.

    “We are deeply saddened by the loss of life and the devastation caused by the wildfires in our home state,” said Mike Wirth, vice chairman, Chevron.

    “Our thoughts are with all those affected by the fires and the first responders working to contain them.”

    “Based in California for over a century, Chevron is committed to working with local communities as they recover from the fires.

    The oil gaint said it would match any donations made to wildfire relief efforts by its employees and retirees.

  • NCDMB, Chevron, Mobil, others lead NEITI compliance ranking

    NCDMB, Chevron, Mobil, others lead NEITI compliance ranking

    The on-going Independent Audit of the Oil and Gas Industry covering 2015 by the Nigeria Extractive Industries Transparency Initiative (NEITI) has recorded 94% compliance by companies and relevant government agencies.
    Fourteen companies topped the ranking table with a maximum score of 100%. The companies are Chevron Nigeria Ltd, Consolidated, Continental, Eroton, Esso Exploration, Mobil Producing Nigeria Unlimited and Niger Delta Petroleum Resources.
    Other oil companies within the 100% compliance ranking include Nigeria Gas Company, Orient Energy, Star Deepwater Petroleum and Waltersmith Petroman. Remarkably, two government agencies, the Federal Inland Revenue Service (FIRS) and the Nigeria Content Development and Monitoring Board also recorded 100% compliance in the ranking.
    The watchdog organization’s Director of Communications, Dr. Orji Ogbonnaya Orji, made this announcement in a statement on Tuesday.
    The statement added that similarly, five companies namely, Shoreline, Statoil, Petrobas, Mid Western and ND Western, scored between 98% to 94% to book their respective places in the  top compliance ranking category.
    Twenty companies scored between 80% and 88% while twelve others recorded between 72% and 75% in an exercise industry experts have described as successful and innovative.
     The Compliance ranking report further showed that only four companies representing 6%, failed to make submissions before the deadline.  Of these four companies, two made submissions after the ranking deadline had elapsed and therefore scored zero ranking, while two others failed to comply at all.
    The criteria for the compliance ranking focused mainly on two major critical areas in the NEITI audit value chain. These are timeliness and completeness in submission of information and data requested by NEITI in the audit templates. While timeliness measured when the covered entities submitted the templates, the completeness considered how many of the applicable templates were submitted.
    Speaking on the ranking exercise, the Executive Secretary of NEITI Mr. Waziri Adio remarked “we decided to rank companies and government agencies covered by the NEITI audit process so as to incentivize timely and complete compliance’’.
    He  added “given that this is the first time we are doing this, we are very impressed with the compliance rate. We commend the high fliers and call for improvement from others. We want to see a situation where all the entities score 100% possibly by next year.’’
    The data collection and voluntary submission of information and data in NEITI/EITI Audit process is a major step in the independent audit value chain.  NEITI wishes to state that this exercise does not represent full compliance assessment with the audit process, as the audit is not yet completed. All entities will be further ranked in terms of their cooperation with the NEITI auditors, the accuracy of their data and level of reconciliation, among others.
    The process began on 2nd May 2017 when the audit templates were dispatched by NEITI to affected companies and relevant government agencies. This was followed by a workshop to enlighten all the companies and relevant government agencies on their roles in populating the audit templates.
    At that workshop, the entities were duly informed of NEITI’s plan to rank them in terms of compliance. NEITI also published the company compliance ranking procedure and the deadline in the national dailies. The deadline was later moved from June 1st  to August 3rd 2017. This became necessary to enable more entities complete the templates and return same to NEITI. During the ranking exercise, sixty-five (65) covered entities, made of up fifty-five (55) oil and gas companies and ten (10) relevant government agencies, participated.
    NEITI’s decision to carry out a compliance ranking for companies and relevant government agencies covered by NEITI process is to push the boundaries of implementation of EITI in Nigeria as provided for in the law and global standards.

     

  • NNPC eyes $16b from Shell, Chevron deals

    NNPC eyes $16b from Shell, Chevron deals

    Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London between the Nigerian National Petroleum Corporation (NNPC) and two of its JV partners: NNPC/Chevron Nigeria Limited (CNL) JV and NNPC/Shell Petroleum Development Company (SPDC) JV.

    The two projects are expected to generate incremental revenues of about $16billion within the assets’ life cycle including a flurry of exploratory activities that would generate employment opportunities in the industry, boost gas supply to power and rejuvenate Nigeria’s industrial capacity utilisation.

    The agreement with Chevron would see the development of the NNPC/CNL JV Sonam Project (Project Falcon), hitherto financed through cash calls, to incremental proven and probable oil/liquids reserves of 211million barrels and proven and probable gas reserves of 1.9 trillion cubic feet within in Oil Mining Licences (OMLs) 90 and 91.

    The project is expected to begin to bear fruits in next three and six months.

    The  Group Managing Director, NNPC, Dr. Maikanti Baru, said the project is envisaged to achieve an incremental peak production of about 39, 000 barrels per day of liquids and 283million standard cubic feet of gas per day (mmscf/d) of gas respectively over the life cycle of the asset.

    The JV partner, he said, had already spent $1.5billion representing 97 per cent of project completion costs, adding that the agreement would cover the remaining $780million to complete the project.

    Giving a breakdown of the expected funding requirements of the Sonam Project, Dr. Baru said $400million is to fund the development of seven wells in the Sonam field (OML 91), the Okan 30E Non-Associated Gas (NAG) well (OML 90), and associated facilities including completion of Sonam NAG Well Platform.

    He added that $380million would also be required to reimburse the JV partners for the 2016 portion of the funds committed to lenders that had been cashed and paid for.

    He said the Sonam Project alone, would increase government’s earnings to $7.3billion over its life.

    The agreement with SPDC, on the other hand, would facilitate the development of the NNPC/SPDC JV Project Santolina which comprise 156 development activities across 12 OMLs (OMLs 11, 17, 23, 25, 27, 28, 32, 35, 43, 45, 46 and 79) and 30 different fields in the Niger Delta.

    The GMD said the development of the Sonam Project would be done in two phases, with the first phase focusing on short term activities involving Oil and Gas Generation (STOGG) programme comprising 128 rigless activities and 10 workovers. The second phase would focus on medium term activities that would involve further development of EA/EJA fields by drilling 14 new well and three workover ones.

  • Itsekiri youths to shut down Chevron facilities, if…

    The National Association of Itsekiri Graduates (NAIG) has urged its compatriots who are VTP5 and VTP6 trainees of Chevron Nigeria Limited (CNL) to prepare to shut down the company’s operations at Escravos and other fields, if the company fails to give them permanent jobs before their contract runs out next month.

    In a statement at the weekend by its President/CEO, Edema Collins Oritsetimeyin, NAIG said: “It is an insult on the Itsekiri nation to keep our graduates as trainees for four years without employment.”

    The group urged the trainees to ensure that “Itsekiri graduates under VTP5/OTP2 and VTP6/OTP3 are staffed without further delay”.

    It said the OPITO certificates of the affected trainees were in custody of Chevron to purportedly keep them tied to the company.

    NAIG noted that such treatment was “not being done in Richmond, Angola or those trainees in ‘national’ the programme”.

    The group said the excuse of cutting cost, as adduced by Chevron for non-regularisation of the trainees, “is not only a fallacy but a dent on the integrity of CNL”.

    It said the company “recorded a profit of $1.2 billion in the just concluded fiscal year” and “the EGTL train 1 and 2 are fully operational. Pure diesel, naphtha and LPG are constantly being exported daily”.

    NAIG said the Itsekiri host over 75 per cent of Chevron’s onshore/offshore/swamp fields under the Olu of Warri.

    The students’ body decried the attitude of House of Representatives Speaker Yakubu Dogara and Majority Leader Femi Gbajabamilia for their position on the Presidency’s directive for IOCs to relocate their corporate headquarters to the Niger Delta.

    It noted that the actions of the lawmakers “only buttress our long-held belief that the treatment meted out to the Itsekiri by Chevron is because some people in the corridors of power, especially of the Yoruba stock, are aiding Chevron to marginalise us without recourse to the fact that we host Chevron Tank Farm at Ugborodo”.

  • NNPC supplies the cheapest, most reliable power to Nigerians – GMD

    NNPC supplies the cheapest, most reliable power to Nigerians – GMD

    Nigeria National Petroleum Corporation (NNPC), supplies the “most reliable and cheapest power’’ to Nigerians, Dr Maikanti Baru, the corporation’s Group Managing Director, has said.

    Baru made the statement in Houston on Monday while addressing newsmen on the sidelines of the 2017 Offshore Technology Conference (OTC).

    The News Agency of Nigeria (NAN) reports that OTC is an annual conference of experts in the oil and gas sector.

    The conference is organised to provide opportunity for the experts to brainstorm and network on issues and challenges facing the sector.

    Baru, who was represented by Mr Saidu Mohammed, NNPC Chief Operating Officer, Gas and Power, said that several Nigerians were unaware that the corporation had long been part of Nigeria’s power sector.

    “We (NNPC) supply about 1,000 megawatts of power from the two power plants at Afam and Okpai.

    “These are the most reliable power plants in Nigeria and they provide the cheapest source of power for Nigerians.

    “Before that we had been talking to our joint venture partners notably Chevron and Total to build similar power plants at Obite and Agura.

    “But these companies are yet to build the plants; that is why we are in Houston to invite investors to build power plants in Nigeria,” Baru said.

    The GMD said that officials of NNPC were also in Houston to invite companies who have the capacity and competencies to come to Nigeria to invest in the power sector.

    He added that Nigeria’s participation in the conference was also aimed at increasing the nation’s gas reserve and to enhance the capacity of Nigeria Petroleum Development Company (NPDC).

    Baru said that the NNPC had a target to raise the production level of NPDC within the next two years.

    He said, “essentially we want to raise the production capacity of NPDC to about 700,000 barrels with the support of other partners.’’

    He said that NNPC participated in the conference to solicit for capital, advanced technology and partners to invest in Nigeria’s power sector and transform the corporation to achieve set goals.

    NAN recalls that on March 29, Baru disclosed that NNPC was already working on a project to generate 4, 000 megawatts of electricity.

    He said that the corporation was exploring the possibility of investing in the transmission segment of Nigeria’s power sector.

    He said that contrary to the impression that the poor power situation in Nigeria was caused by inadequate gas supply; the real problem was inadequate transmission capacity.

    According to the GMD, the corporation has enough gas to generate 8, 000 megawatts of electricity.

    “But the transmission grid will not be able to support such volume of power without complications.”

     

     

  • NNPC, Chevron, WRAHP hold cancer screening

    TO sensitise women on cancer and High Blood Pressure, NNPC/Chevron Nigeria Ltd and its employees under the Employee Volunteer Programme has collaborated with Women’s Right and Health Project, WRAHP to carry out a Cancer awareness program in Ejigbo.
    The event, targeted at the women under the umbrella of Pepper Grinders Association, Ejibgo, featured free cervical cancer screening and blood pressure checks on 57 women.
    General Manager, Policy, Government and Public Affairs (PGPA), Chevron Nigeria Limited Mr Esimaje Brikinn said over the years, the NNPC/ Chevron Joint Venture have recognised that their progress is tied to the progress of the communities neighbouring their operations.
    Represented by Mrs Adekunle Agnes of the Public Affairs Department of the organisation, he said, in line with their tradition, they have continued to implement social investment programs on health, education and economic development.
    “Our employees have imbibed this culture that is why they are organising this program as part of efforts to give back to the society by creating awareness on cancer among women thereby helping to contribute to health development in the society,” he said.
    Matron in charge of outreach hospital, Okota, Mrs Chinwe Olisa, said cervical cancer is sexually transmitted disease that can be caused by having too many sexual partners, having too many children, criminal abortion among others.
    Oral sex with someone that has cancer cells, she said, could cause throat cancer.
    She urged women to go for regular screening, eat good food to improve their immunity, avoid multiple sex partners, and reduce abortions by going for Family Planning that suits them.
    WRAHP Founder Mrs Bose Ironsi said: “Because women are always outside working to feed and take care of the children, they do not remember to take care of their own health so we checked their BPs and the result was alarming. We also had women who needed to go for further cancer screening.
    “We had women with BP as high as 180/140 so we need programmes like this to preach health consciousness to the people and we need philanthropists to help us because those people you are seeing have neglected their health to look for what their children will eat. We will do a follow up with the women and try to enrol them in government hospitals so that they can get further help.”

  • LCC engages Chevron to ease traffic on Eti-Osa Lekki- Epe expressway

    LCC engages Chevron to ease traffic on Eti-Osa Lekki- Epe expressway

    The management of Lekki Concession Company Limited (LCC), has met with Chevron Nigeria Limited to proffer a permanent solution to the traffic gridlock currently being experienced at the Chevron roundabout on the Eti-Osa/Lekki-Epe Expressway, Lagos, Nigeria, especially during rush hour.
    LCC’s Managing Director, Mr. M.M. Hassan, and the Chevron delegate led by its Security Operations Manager, Dr. Olusoji Fakunle, during a meeting at the LCC’s head office, Conservation Toll Plaza, Eti-Osa/Lekki-Epe Expressway, fine-tuned modalities to ease the traffic on the expressway.
    It was gathered that following the conversion of the roundabouts at Chisco and Jakande to signalised intersection by the Lagos State Government to ease traffic flow on the expressway, traffic previously held back at these roundabouts has now been flushed to the other roundabouts along the axis including Chevron roundabout.
    They agreed on measures to improve the traffic situation on Chevron drive which includes the removal of some of the speed bumps and reduction of the zebra crossing from three to one on this road. The effectiveness of this will be monitored overtime.

  • Chevron boosts local content with Zinox computer deal

    Chevron Nigeria, a world leading integrated energy multinational corporation with headquarters in the United States, has engaged the services of a local technology company, Zinox Technologies Ltd. for the implementation of a massive roll-out of thousands of high-end personal computers (PCs), desktop units, monitors and other accessories with which it is equipping its offices and other establishments in the country.

    Chevron is the third-largest oil producer and one of the biggest investors in Nigeria where it operates under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for onshore and offshore assets in the Niger Delta region.

    Zinox has already commenced the delivery and installation of the first units of the orders – a development confirmed by a senior management staff of Chevron Nigeria who spoke on the condition of anonymity.

    “Certainly, we are doing business with local Nigerian companies such as Zinox Technologies, among others. We have ordered thousands of high-end servers and laptops from Zinox.  We encourage other Nigerian entrepreneurs and companies to take this as a sign of confidence.  A lot of multinationals are ready to patronize made-in-Nigeria products, provided they meet international standards.

    “With respect to the on-going roll-out of PCs and other computer accessories, it is worth emphasizing that this is not the first time we are doing business with Zinox, which has been a trusted business partner for many years. We have not been disappointed by the level of products and services received from Zinox over the years,” the Chevron chief said.

    A call put through to the Managing Director of Zinox Technologies, Mr Leo Stan-Ekeh at the weekend did not go through. However, when contacted, Head of Corporate Communications at Zinox, Gideon Ayogu confirmed the development.

    “Yes, we have commenced the delivery and deployment of the Chevron orders through one of our partners. Apart from the major infrastructural change and the roll-out of high-end computers, servers and other accessories to Chevron Nigeria who remain one of our most regular customers, we have also enjoyed consistent patronage from other multinationals such as Total and Shell as well as a few government agencies and parastatals.

    “As a global company, we move with the forces of demand. Companies like Chevron, Shell, Total have been patronising Zinox for over 14 years and this is based purely on service quality as we all know the high standards these companies aspire to.  These local commitments have also gone a long way to helping the Management refrain from staff retrenchment or sack in this period of recession, even when the company is facing tough foreign exchange challenges to meet up with orders.”

    Asked about the deployment of other devices, Ayogu disclosed that Zinox has received orders for the deployment of over 65,000 tablet PCs, among other devices. He, however, lamented the difficulty with obtaining forex which has delayed the delivery of some of the orders.

    “Sadly, access to forex for companies operating in the ICT sector remains a major challenge. We are not getting enough foreign exchange to meet up with customer’s demands. Nevertheless, we will continue to push. Government’s intervention in this regard will go a long way in helping the ICT sector contribute more to the nation’s GDP,” he added

    A major player in the Nigerian ICT sector, Zinox enjoys the status of manufacturing Nigeria’s first indigenous and internationally certified computer brand – Zinox Computers.

  • Chevron boosts local content with Zinox computer deal

    Chevron boosts local content with Zinox computer deal

    Chevron Nigeria has engaged the services of  Zinox Technologies Limited for the implementation of a massive roll-out of thousands of high-end personal computers (PCs), desktop units, monitors and other accessories with which it is equipping its offices and other establishments in the country.

    Chevron is the third-largest oil producer and one of the biggest investors in Nigeria where it operates under a joint-venture arrangement with the Nigerian National Petroleum Corporation (NNPC) for onshore and offshore assets in the Niger Delta region.

    Zinox has already commenced the delivery and installation of the first units of the orders – a development confirmed by a senior management staff of Chevron Nigeria who spoke on the condition of anonymity.

    “Certainly, we are doing business with local Nigerian companies such as Zinox Technologies, among others. We have ordered thousands of high-end servers and laptops from Zinox.  We encourage other Nigerian entrepreneurs and companies to take this as a sign of confidence.  A lot of multinationals are ready to patronize made-in-Nigeria products, provided they meet international standards.

    “With respect to the on-going roll-out of PCs and other computer accessories, it is worth emphasizing that this is not the first time we are doing business with Zinox, which has been a trusted business partner for many years. We have not been disappointed by the level of products and services received from Zinox over the years,” the Chevron chief said.

    A call put through to the Managing Director of Zinox Technologies, Mr Leo Stan-Ekeh at the weekend did not go through. However, when contacted, Head of Corporate Communications at Zinox, Gideon Ayogu confirmed the development.

    “Yes, we have commenced the delivery and deployment of the Chevron orders through one of our partners. Apart from the major infrastructural change and the roll-out of high-end computers, servers and other accessories to Chevron Nigeria who remain one of our most regular customers, we have also enjoyed consistent patronage from other multinationals such as Total and Shell as well as a few government agencies and parastatals.

    “As a global company, we move with the forces of demand. Companies like Chevron, Shell, Total have been patronising Zinox for over 14 years and this is based purely on service quality as we all know the high standards these companies aspire to.  These local commitments have also gone a long way to helping the Management refrain from staff retrenchment or sack in this period of recession, even when the company is facing tough foreign exchange challenges to meet up with orders.”

    Asked about the deployment of other devices, Ayogu disclosed that Zinox has received orders for the deployment of over 65,000 tablet PCs, among other devices. He, however, lamented the difficulty with obtaining forex which has delayed the delivery of some of the orders.

    “Sadly, access to forex for companies operating in the ICT sector remains a major challenge. We are not getting enough foreign exchange to meet up with customer’s demands. Nevertheless, we will continue to push. Government’s intervention in this regard will go a long way in helping the ICT sector contribute more to the nation’s GDP,” he added

    A major player in the Nigerian ICT sector, Zinox enjoys the status of manufacturing Nigeria’s first indigenous and internationally certified computer brand – Zinox Computers.

  • Delta community gives Chevron 14-day deadline to provide electricity

    Delta community gives Chevron 14-day deadline to provide electricity

    The indigenes of Kokodiagbene community in Gbaramatu Kingdom, Warri Southwest Local Government of Delta State, have given Chevron Nigeria Limited (CNL) a 14-day ultimatum to give them electricity.

    They marched on the Otunana flow station operated by Chevron on Wednesday, protesting what they termed the “insensitivity” of the oil giant to their plight.

    The protesters threatened to disrupt the company’s activities, should it fail to meet the deadline.

    They carried placards with inscriptions, such as “14 days ultimatum to connect us with electricity as promised by CNL 19 years ago”; “Pay our land royalty now Chevron”; “No light for Kokodiagbene, No oil for Chevron”; “Don’t intimidate us with security, all we want is electricity”, among others.

    The demonstrators, comprising youths, men and women, accused Chevron of reneging on the agreement they signed 19 years ago to provide the community with electricity.

    The Chairman of Kokodiagbene community, Mr. Sheriff Milady, who addressed Chevron workers and security men, said: “The oil company agreed to supply electricity to the community about 19 years ago.

    “No concrete efforts have been made by Chevron to ensure electricity in the community despite reminders and protest letters by us.

    “Chevron has been operating here for years. We protected their facilities during the 2003 Niger Delta crisis.

    “We are giving Chevron 14 days ultimatum to address the supply of electricity to Kokodiagbene. Failure will result in disruption of operations at the flow station.”

    The Field Security Officer (FSO) of Chevron, Otunana flow station, Mr. Musa Akun, thanked the protesters and promised to convey their demand to the management.