The Nation Newspaper

Tag: Nipco

  • NIPCO donates ICT lab to Apapa schools

    To aid learning, oil giant NIPCO Plc has built a modern computer laboratory for primary schools in Apapa, Lagos.

    The lab will serve schools under the Local Government Education Authority (LGEA) comprising Apapa Local Government Area and Apapa Iganmu Local Council Development Area.

    Inaugurating the lab, NIPCO Managing Director Sanjay Teotia said the firm planned to make the centre “ a major hub of computer education in the area”.

    He said the firm found that the pupils travelled far for computer education, while the schools lacked basic computer equipment.

    NIPCO, he said, refurbished a classroom at Apapa Nursery and Primary school to make it conducive for learning.

    The firm, he said, provided 12 Dell desktop computers, printers, furniture and other facilities, two air conditioners and one 7.6 KVA generator for the lab.

    Teotia said the facility would be maintained by his firm’s Information Technology department.

    Apapa Education Secretary Alhaja Fausat Olawepo said the gesture would lift the standard of education in the state.

    The Head teacher, Emmanuel Olayinka, promised to ensure maximum use of the facility.

    A parent, Mrs Uwazuruony Chinyere, said “NIPCO Plc is a good company which is committed to giving back to its host communities . The company has fulfilled another promise by establishing a well furnished computer laboratory for the school”.

    A pupil, Dansu Alexander, noted the firm’s past efforts in sponsoring inter house sports, supplying books and refurbishing classrooms, among others.

  • NIPCO increases investment in capacity building

    NIPCO Plc said its investment in capacity building has surged despite the challenging business environment. “The huge investment in capacity building is a part of our growth strategy, the Managing Director of the company,” Sanjay Teotia, has said.

    Teotia, who declared this at the performance management workshop for NIPCO workers in Lagos, added that the surge in capacity investment was to “awaken and cultivate  new learning culture in the workers not only to enable the company survive in the challenging business environment, but grow in an organic manner and stronger.”

    He stated that performance management is a crucial tool in employee performance. Teotia maintained that the learning programme, which cuts across all cadre of the workforce with the theme” Building effective performance culture to overcome future challenges” is part of the company’s human capacity development programmes.

    “We had realised that prioritising continuous learning and development of human capacity is imperative for the success of our organisation, hence our decision to always put together a refresher programme on performance management programme (PMP),” he said.

    The NIPCO boss said: “A  joint and collaborative effort between the employees and their bosses will generate positive and constructive feedback that will improve an employee accomplishment, which will in turn increase efficiency, productivity, improve balance sheet and increase employee satisfaction.”

     

     

     

  • NIPCO steps up awareness on LPG

    NIPCO Plc has stepped up its campaign to create awareness on the benefits of switching to gas to reduce environmental impact.

    The company also presented LPG gas accessories to the best school at a special event organised by the Federal Ministry of Environment (FME) to mark World Environment Day (WED), to further create awareness on LPG use.

    The event, which held at the Games Village of the ministry’s Lagos liaison office, featured three  competitions tailored around reduction of pollution in our environment.

    The forum provided an avenue for the firm to promote safe use of LPG as cooking fuel, and ensuring that schools and other users switch to gas as a preferred fuel for households.

    In a goodwill message, NIPCO’s Managing Director, Sanjay Teotia, said supporting the  yearly celebration is key to the company’s efforts at promoting  safe and habitable environment.

    Teotia, represented by Head LPG Operations, Kamal Badmus, said  many initiatives were being put in place by the company to encourage  cooking gas use.

    He noted that aside from the inherent benefits of gas over other cooking fuels, such as kerosene, NIPCO has also prepared safety pamphlets to address some safety issues being raised on LPG use.

    According to him, the safety tips addressed some of the misconceptions about gas, which had scared users, especially from handling of accessories such as cylinders and burners.

    The ministry’s Federal Controller in Lagos, Mrs. Oluwatoyin Agbenla, said the theme of the event, “Beat plastic pollution’’ was to draw the attention of stakehold-ers to the need to beat the unending pollution caused by inappropriate disposal of plastic materials.

    She said the presentation of gas accessories to the best school in the completion is noteworthy.

    Maidic Schools, Alagbado in Alimosho Local Government was adjudged the overall best school in the competition and was presented with set of LPG accessories, including 12.5kg cylinder, multiple gas burner and regulator by the company’s representative.

  • Shell, Chevron, NIPCO bag awards at NIPS

    • Oil giant lifts Industry Games trophy 

    The in-country Subsea Tree Refurbishment feat by Shell Nigeria Exploration and Production Company (SNEPCo), has earned Shell Companies in Nigeria the Best Performing International Company in Technology and Innovation at the awards night of the maiden edition of the Nigeria International Petroleum Summit (NIPS) in Abuja.

    Chevron Nigeria Limited
    (CNL), operator of the joint
    venture between the Nigerian National Petroleum Corporation (NNPC) – NNPC/CNL JV, also won two awards at the Summit.

    CNL carted away – “Top domestic gas producer in 2016/2017” and “The best Performing Upstream International Company in Social Contribution for 2016/2017”.

    NIPCO Plc  bagged oil and
    gas industry award over its
    unprecedented acquisition of ExxonMobil’s stake in Mobil Oil Nigeria Plc at the event.

    The state-organised event was attended by Nigerian and international industry leaders. SNEPCo pioneered the in-country feat and achieved significant savings in the cost of the subsea equipment led by Nigerian engineers.

    A Subsea Tree is an arrangement of valves and other components installed at the wellhead to control and monitor production flow and manage fluids injection. SNEPCo embarked on a Tree Refurbishment initiative in 2013 to ensure timely delivery of the equipment at lower cost for the Bonga Phase 2 project, an in-field wells delivery and hook–up programme within the Bonga Field, which has been in execution since 2007.

    On hand to receive the award presented by the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, were the Country Chair, Shell Companies in Nigeria and Managing Director of The Shell Petroleum Development Company of Nigeria Limited (SPDC), Mr. Osagie Okunbor and the Managing Director of SNEPCo, Mr. Bayo Ojulari.

    SNEPCo saves about $6 million for every refurbished Subsea Tree and this is delivered within 15 months as against 36 months for newly manufactured ones.

    The CNL certificates and plaques were presented to the firm amid many dignitaries including the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, representatives of the NNPC/industry regulators, participants from other African countries and other industry players.

    On hand to receive the awards, separately presented by Kachikwu and the Chief Financial Officer of the NNPC, Isiaka Abdulrazaq, who represented the Group Managing Director, Dr Maikanti Baru, was the General Manager, Policy, Government and Public Affairs, CNL, Mr. Esimaje Brikinn.

    Brikinn expressed CNL’s delight over the recognition and awards. He explained that CNL has a comprehensive and aggressive gas development programme that is driven by good environmental stewardship to eliminate gas flares in its operations, help meet Nigeria’s energy needs and convert Nigeria’s huge gas resources into wealth for the benefit of the nation.

    Brikinn also noted the efforts of other Chevron companies in social contributions in Nigeria. For instance, the Star Deep Water Petroleum Limited (a Chevron Company) and the other parties in the Agbami field, have also contributed to the sustainable development of Nigeria via interventions in health, education and economic empowerment. “From 2008 to 2016, the Agbami parties have invested N2.5billion on education infrastructure, N8.4 billion on scholarships and N2.2 billion on the provision of fully equipped modern chest clinics across the country. Over 16,000 students from all the states of Nigeria have benefitted from the Agbami Medical and Engineering Scholarship and among these, an impressive total of 456 have graduated with first class degrees,” he said.”

    Also presenting the award to NIPCO, the Permanent Secretary, Federal Ministry of Petroleum Resources, Dr. Folasade Yemi – Ojo, said it was part of Federal Government’s efforts to encourage operators, who have shown considerable interest in the growth of the industry.

    The acquisition of ExxonMobil’s stake in Mobil Oil Nigeria (MON) Plc by an indigenous company, she said, was assessed by the Federal Government as significant effort by indigenous operator, hence the award to NIPCO.

    NIPCO team at the event included the Managing Director, Sanjay Teotia, and the Chief Corporate Affairs Manager, Lawal Taofeek, who received the award on behalf of the company.

    Speaking after the award, Teotia said the laurel was a welcome development as the company’s continuous interest in the downstream sector is an affirmation of its belief in the Nigerian economy.

    The acquisition of majority shareholding in MON – now put at about 74 per cent of the entire shareholding, Lawal said, is to extend its stakes in the sector. He added that with the feat, NIPCO & 11Plc, formerly MON Plc, both companies now have about 500 retail outlets across the country.

    Also, for the third time running, Shell has won the Nigeria Oil and Gas Industry Games (NOGIG), posting a commanding victory streak in the history of the 30-year old biennial competition. At the end of the week-long NOGIG 2018 in Lagos, Team Shell topped the medal table with 11 gold, 11 silver and eight bronze medals, leaving the Nigerian National Petroleum Corporation (NNPC) and ExxonMobil in second and third places respectively.

    “I’m excited at the performance of the team for making us proud,” said Osagie Okunbor, Managing Director, Shell Petroleum Development Company of Nigeria (SPDC) Ltd and Country Chair, Shell Companies in Nigeria, while reflecting on the performance of the contingent.

  • DPR director extols NIPCO product truck out

    DPR director extols NIPCO product truck out

    Department of Petroleum Resources (DPR) Director Mordecai Ladan has praised the load out history of NIPCO Plc since the resurgence of petrol scarcity  across the country.

    Ladan, who gave the commendation when he visited NIPCO terminal at Apapa in Lagos yesterday  said he is impressed with the load out and the assurances by the company’s management on hitch-free product loading as supplies from Nigeria National Petroleum Corporation (NNPC) improve significantly .

    Mr Mordecai who was received  by the company’s Chief Operating Officer (COO) ,Mr Suresh Kumar and Chief   Corporate Affairs Manager (CCAM) ,Lawal Taofeek,  said the team was on tour of depots to ascertain the availability of stocks.

    According to him, the current scarcity would ease in a matter of days, stressing that since NNPC has addressed the supply side of the problem and with the corresponding support of depot operators, there is hope of normalcy in products availability at the stations.

    Ladan said with supply being addressed, the next  is to ensure that marketers don’t exploit motorists by selling above the approved pump price of N145 per litre.

    Taofeek told the visiting team that the company had  17,000 MT (about 23million liters) courtesy of the supply of NNPC via Apapa jetty on Wednesday.

  • NIPCO donates food, drinks to children’s village

    NIPCO donates food, drinks to children’s village

    NIPCO PLC, an integrated downstream company in the oil and gas industry, has donated food items and drinks to SOS Children’s Village in Isolo, Lagos.

    Its Managing Director, Sanjay Teotia, said the company felt for the beneficiaries who have lost contacts with their biological parents.

    According to him, putting smiles on the children’s faces was of great significance to the company.

    The NIPCO helmsman whose address was delivered by his Chief Corporate Affairs Manager, Taofeek Lawal said the firm saw such investment part  of its business.

    “Corporate Social Responsibility (CSR)   to us is not only an avenue for business to behave ethically but also to contribute to economic development by improving the quality of life of the local community and society at large,” Teotia said.

    He said the village was chosen in order to give the children splendid moments as the year ends.

    The village’s  Programme Director, Mr Ayodeji Adelopo, said the firm’s gesture ‘’will help us to reach more children with quality care.”

    Items donated include noodles, bottled water,  rice and confectioneries.

  • CSR: We are committed to host community devt, says NIPCO

    CSR: We are committed to host community devt, says NIPCO

    NIPCO Plc has restated its commitment to host community development as part of its corporate social responsibility (CSR) initiatives, especially in education development through facility upgrade and co -curricular activities in primary schools in Lagos State.

    NIPCO’s Chief Corporate Affairs Manager (CCAM), Mr Lawal Taofeek, stated this in an address at the Lagos State Universal Basic Education Board (SUBEB) Sports Festival /Merit Award for primary school pupils and teachers in Apapa sponsored by NIPCO .

    He said NIPCO has over the years embarked on series of facility upgrade in primary schools in the state, especially in its host communities with Apapa Nursery & Primary School and Ijora Oloye Nursery & Primary schools, being some of the beneficiaries.

    “We see our interventions in education and sports as a social investment, which will pay off greatly in the standards of education and sports development in the local and state levels,”he said.

    According to Lawal, NIPCO has been a consistent sponsor of the event aside from facilitating the inter-house sports festival of its adopted school in the area – Apapa Nursery & Primary School, for years. He noted that the events provide a veritable platform for sourcing young talents that could raise the bar for the local and state governments in sports.

    Lawal, who represented the company’s Managing Director, Sanjay Teotia, at the twin event which attracted large turnout of pupils and teachers, said the sponsorship was  in line with the organisation’s long standing cordial relationship with the community

    “NIPCO places high premium on youth development through sports and good learning environment for pupils, especially at the foundation levels – nursery/primary stages,” Lawal said, adding that it was the zeal for youth development through sports and education that prompted the company to refurbish four classrooms in Apapa Nursery & Primary School and provided furniture and sporting materials to the nursery section of Ijora Oloye Nursery & Primary School.

    According to him, unearthing the budding talents in the pupils through sports is of utmost value to the company as sports play very significant role in the development of the child. He assured the teeming crowd at the event that NIPCO, as a responsible corporate citizen, will continue to associate with sports and education development through appropriate support as occasion demands.

    The Secretary of the State Universal Basic Education Authority (SUBEB), Apapa Local Government Area (LGA), Mrs. Olawepo Fausat, paid  glowing tributes to NIPCO for its consistency in supporting education and sports in the LGA, stressing that its noble gesture is worthy of commendation

    She said the event was organised to further motivate members of staff in primary schools in the area as well as provide avenue for sports development.

  • Reps praise NIPCO for boosting downstream

    Reps praise NIPCO for boosting downstream

    The House of Representatives Committee on Petroleum Resources (Downstream) has commended NIPCO for its acquisition of ExxonMobil’s 60 per cent equity in Mobil Oil Nigeria Plc.

    According to the lawmakers, the acquisition has demystified the impression of International Oil Companies (IOCs) that it is difficult for indigenous oil companies to market petroleum products.

    Committee Chairman Hon. Joseph Akinlaja made the commendation when the committee visited  NIPCO Plc headquarters in Lagos. He said the feat is a boost for higher indigenous stake in the oil and gas industry.

    “There is no rocket science in selling white products as the pioneer foreign companies make it look like it is an impossible terrain due to their monopoly in the market.

    “Among the seven foreign companies that ventured into the downstream sector, only Total Plc still remains. Others have yielded their stakes to indigenous companies,” Akinlaja said.

    According to him, NIPCO, by acquiring Mobil Oil, has expanded its horizon and impacted the downstream sector as a key player. He noted that as an indigenous company, NIPCO has performed creditably, despite that it is young in the sector. He added that the Green Chamber was proud of the organisation for its local content exploits.

    Akinlaja said despite the recession, the company has not sacked any worker and still maintains good housekeeping and high standards.

    He also commended the robust presentation of the company at the  public hearing of the House of Representatives on kerosene explosions, adding that the visit was to see for themselves the practicability of the suggestions based on NIPCO’s modus operandi in the handling of the product.

    NIPCO Group Managing Director Mr. Venkataraman Venkatapathy said the company has become the first indigenous downstream outfit to have high influx of retail outlets of white products and liquefied petroleum gas (LPG) to its name.

    “It is also a proud achievement that NIPCO won the bid to acquire Mobil Plc not only because of our push but, amongst all, we were seen as a company whose technical, safety and experienced manpower is very high and is on records,” he said.

    Venkatapathy noted that despite high recession, employees’ jobs were maintained with no retrenchment of any sort from NIPCO, and, more importantly, the company had reinvested its profit in the country.

    NIPCO’s Group Executive Director, Alhaji Abdulkadir Aminu, said stakeholders should come together to state their challenges and analyse in documentation the aspects which the Federal Government could do and also the private sector could do to participate effectively in the hydrocarbon industry .

    He assured that NIPCO, which prides itself as the only marketing company that gave the highest equity participation to marketers in the ownership of the company, would never let Nigerians down. “We will also increase our participation in the oil and gas industry in all aspects as we add value to the common man through our various corporate social responsibility (CSR) programmes,” he said.

  • NIPCO has broken gas business monopoly, says marketers

    NIPCO has broken gas business monopoly, says marketers

    The Nigerian Independent Petroleum Company (NIPCO) has broken the monopoly of International Oil Companies (IOCs) in the gas market, Nigerian Association of Liquefied Petroleum Gas Marketers (NALPGAM), President Nosa Ogieva-Okunbor has said.

    During a visit to NIPCO in Lagos, he said the IOCs hitherto had almost total control of the market before the company came in 2009.

    He noted that NALPGAM as an important value chain in the LPG distribution process appreciate the contribution of NIPCO in the chain and will forever be grateful to the organisation.

    According to him, the company’s recent expansion project which will make her the biggest LPG plant in Nigeria awesome and a delight to them as it will have a positive impact on storage and availability of LPG in the domestic market.

    Barrister Ogieva –Okunbor noted that as a key stakeholder in the business, it is imperative of them to associate with market leader like NIPCO as a form of encouraging  the company in its investment drive to grow LPG sector in Nigeria.

    He informed the NIPCO management of the setting up of a human resource development centre by the association to grow technical know-how in the industry and offer avenue for exchange of ideas in the interest of the stakeholders.

    While promising increased business relationship on behalf of its members who own hundreds of bottling plants across the country, Barrister Ogieva–Okunbor said:‘’ the partnership of NALPGAM and NIPCO is key to the smooth transition of gas to the end users’’.

    In his remarks, Managing Director, NIPCO, Mr Sanjay Teotia, said the ongoing expansion in its LPG plant is geared at improving the gas distribution value chain by providing veritable avenue for storage and dispense to bottling plants owners and other ancillary operators in the LPG market.

    He restated the company’s commitment to high safety standards and accurate loadings, a feat that has been NIPCO key objectives in its operations since inception.

    The MD will cooperate with the association in ensuring that its gas prices are affordable and poised to increase avenue for more meaningful business for  marketers even as he urged NALPGAM to ensure that bottling plant owners consider the end users in pricing as well as accuracy in quantity dispense.

    He told the visiting LPG marketers that quality certificate of each consignment being loaded to their members will be sent to the association for onward passage to their members.

    The highlight of the visit was the presentation of an award to NIPCO as the 2017  best LPG marketer identifying its   LPG  sales  head ,Harjeet Tuteja as the best salesman of the year.

  • NIPCO strategic to fuel distribution, says NPMC chief

    NIPCO strategic to fuel distribution, says NPMC chief

    The Nigerian Independent Petroleum  Company (NIPCO) occupies a strategic position in the fuel distribution chain, Nigerian Petroleum Marketing Company (NPMC) Managing Director Mr. Umar Ajiya, has said.

    NPMC is a subsidiary of the Nigerian National Petrleum Corporation (NNPC). NIPCO, he said,  had  the capacity to distribute white products, liquefied petroleum gas (LPG) or cooking gas, and compressed natural gas (CNG) across the country.

    Speaking during a visit to NIPCO Terminal in Apapa, Lagos, Ajiya described it as an homecoming, since he had been part of NIPCO LPG.

    He said  NIPCO and 11Plc (former Mobil Oil Nigeria Plc) have good storage facilities and outlets, which would help in getting products to  consumers fast. The level of the firm’s automation, he added,  puts it in high pedigree in the league of depot operators.

    Ajiya  said: “Massive trucking and hospitality of truck drivers, which is not common in other depots has put NIPCO Plc on a better edge than other companies. The value distribution chain NIPCo plays is a vital role as far as distribution of petroleum products is concerned, which is highly commendable.

    “NIPCO is a world-class facility. We commend the entire management and staff of NIPCO & II Plc for the maintenance of an excellent outfit,”adding that more importantly the company’s management had run the terminal hitch-free since it commenced operations in 2004 and had remained a reliable ally to NPMC in storage of products as well as loading NPMC bulk purchase marketers across the country.

    NIPCO’s Group Managing Director, Mr. Venkataraman Venkatapathy supported by the Managing Director, Mr Sanjay Teotia and Managing Director, II Plc Tunji Oyebanji, praisedAjiya for NPMC ‘s vital role in the  distribution chain.

    He said the enduring relationship between the two organisations had been beneficial to the nation especially the growing clientele that operated filling stations.

    Venkatapathy said with the acquisition of Mobil Oil Nigeria, the Group has over 500 retail outlets in the country with a strong presence in lubes while its Aviation Turbine Kerosene (ATK) business is also coming up.

    Teotia acknowledged the working relationship with NPMC, which was demonstrated again during the  visit.  NNPC, he noted, has been playing a key role in the growth of the company, one of which is the joint venture (JV) with Nigerian Gas Company through Green Gas Limited for the provision of infrastructure to aid use of CNG as auto fuel in the country.

    He assured NPMC of NIPCO’s support in meeting its objectives  as both companies strive to add value to the economy as far as petroleum storage and distribution is concerned.