Tag: total

  • Reps direct Total to refund $592m to Fed Govt

    The House of Representatives yesterday directed Total Exploration and Production Nigeria (TEPNG) to refund $592million to the Federal Government.

    This was sequel to the consideration of the Report of the Committee on Gas Resources on the Need to Investigate the Contract for the Upgrade of OML 58 Upgrade 1, the Execution of Obite-Ubeta-Rumuji (OUR) Pipeline and the Northern Option Pipeline Projects,.

    The cash was the excess allegedly paid on the contract awarded by the Nigerian National Petroleum Corporation (NNPC) and the National Petroleum Investment Management Services (NAPIMS).

    This was one of the recommendations in the report of the Hon. Fred Agbedi-headed House committee on Gas at the Committee of the whole yesterday.

    They approved the recommendations that the excess payment of $592million should be recovered from TEPNG in consonance with the recommendations of Tabor VFM Audit Report.

    “That a forensic investigative audit into the cost over-run emanating from all change orders, including $2.2 billion on OML 58 Upgrade 1, $560 million on OUR Pipeline and $528 million on NOPL Pipeline Projects be conducted.”

    Similarly, the House while considering the report of the same Committee on the Need to Investigate the Contract for the Modification of the EGP 3B Production Platform following the Joint Venture Agreement between the NNPC and Chevron Nigeria Limited said:

    “That a supposed entity called Diakrino Services Limited which was engaged by NNPC/NAPIMS to conduct a Value for Money (VFM) audit at the cost of $1million was not a legal entity as was confirmed by the Committee from a search at the Corporate Affairs Commission.”

    The lawmakers therefore directed that the $1million awarded to Diakrino Services Limited should be paid back to the Federation Account by four workers of NNPC/NAPIMS involved in managing the contract awarded to Diakrino.

    They said they should also be apprehended and prosecuted for violating the Procurement Act, 2007.

     

  • Total names 15 finalists for Startupper challenge

    Oil giant, Total, has concluded the process of shortlisting the entries submitted for the 2018-2019 Startupper of the Year Challenge in Nigeria.

    The 15 shortlisted candidates include Amoo Rebecca, Eliminating Post-Harvest Waste;  Ayegba Victor, Unique Multiaxial Enterprise;  Ezenwere Emmanuel Arone, Aerial logistics; Hanson Anietie, Saint Hanson HealthCare; Ijir Aondosoo, My Waste, My Energy;  Izah Nelson, WorkLoad NG; Momoh AbdulJabbar, AMPZ; Nwakanma Obiageriaku Agatha, Tripp; Nwose Kingsley, Bewla; Obaoye Justus, Carido Automobile Service Tech; Ogunbanjo Olumide, AgroData Network; Okoroafor Chukwudifu, Drone/UAV Services;     Olatunde Victor, Fortified Foods Initiatives; Omotosho Oghenekevwe, I Sabi Work; and Orok David, Multi-Dro 311

    Their projects were selected out of more than 5,212 entries, through a questionnaire and a “Share for Likes” voting phase, before being reviewed by social business professionals.

    The 15 finalists will receive coaching over two days before pitching their projects to the local jury, made up of: Ayodeji Megbope, CEO, No Left overs; Bayo Rotimi, CEO Quest Advisory Services Limited;           Bosun Tijani, CEO of Co-creation Hub; Etop Ikpe, CEO Cars45; Funke Opeke, Founder/CEO MainOne Cable Company Limited; Iyinoluwa Aboyeji, Partner, Future Collectives; Mosunmola Abudu, CEO/Founder EbonyLife TV; Nasir Yammama, CEO/Founder Verdant AgriTech Limited; Obinna Ralph Ekezie, CEO/Founder Wakanow.com and Yewande Zaccheaus, CEO/Founder Eventful Limited.

    When the final selection process closes on February 12, 2019, the jury will announce the names of the three winners of the 2018-2019 Startupper of the Year by Total Challenge in Nigeria. These young entrepreneurs will receive financial support of up to N6miilion personalised support and coaching from Total Nigeria and a communications campaign to publicise their project. There will also be a Top Female Entrepreneur award for one of the finalists to support her project. The prizes will be awarded at an official ceremony on February 13.

    The 2018-2019 Startupper of the Year by Total Challenge, held simultaneously in 55 countries, 37 of which are in Africa, 11 in the Asia-Pacific and Middle East region, four in the Americas and three in Europe -reaffirms Total’s commitment to social and economic development in host countries worldwide. By helping innovative young entrepreneurs to realise their projects, the Challenge strengthens the local social fabric.

     

  • Shell, Total cut gas supply to GenCos over debts

    Four gas generating companies (GenCos) have shut down production as a result of their failure to pay gas debts owed Shell Petroleum Development Company (SPDC) and Total, as well as their inability to access fresh loans for gas, The Nation learnt yesterday.

    Consequent upon the liquidity issue that has now exposed the GenCos to over N1trillion shortfall, some of the GenCos have now resorted to securing credit facilities from commercial banks to sustain their production.

    The Executive Secretary, Association of Power Generation Companies (APGC), Joy Ogaji, who spoke on phone yesterday, said the power plants shutdown production due to lack of access to take loans.

    Asked to mention the four power generating firms that have stopped production, she declined, stressing that the companies would not want their names mentioned because of it is political season.

    She said: “Some of the GenCos that can access loans have resorted to taking loans to buy gas. Others that don’t have access to such loans are shutting down. Shell and Total have shutdown some of the power plants; they want the power plants to pay them.

    “From what we got, it is about four plants. Some of them don’t want their names mentioned. You know it is political season now.”

    Meanwhile, at 6:00 hour of yesterday, power generation was 4,069.90Mw. It was 4,092.1Mw on December 29 last year and 3,806.0Mw as at January 2.

    According to the Minister of Power Works and Housing, Babatunde Fashola, the power sector now generates 7000Mw as a result of the N701billion Power Assurance Guarantee.

    But Ogaji had on Monday raised the alarm over the liquidity challenges facing the electricity generation companies otherwise known as Gencos , saying that their current shortfall has exceeded N1trillion.

    Speaking with The Nation on phone, she noted that the N701billion Power Assurance Guarantee, which the Federal Executive Council approved for the companies in the first quarter of 2017, has been exhausted.

    According to her, there was a high hope that the Federal Government would make the electricity distribution companies (DisCos) pay at least 80 per cent of their invoices but the government has not realise it.

    She said: “The major problem that the generation companies are facing now is that of liquidity. The N701billion is over. The government has not succeeded in making the DisCos to pay at least 80 per cent of their invoices. The N701billion got finished in December. We don’t know how the Gencos will survive.”

    Insisting that the major problem confronting the companies is that of liquidity and not gas supply, she noted that the GenCos have not exhausted their present allocation of gas to power.

    The inability to pay for the gas, according to her, is responsible for the low utilization of gas.

    Continuing, she said “we have neither been able to pay for gas nor provide the gurantee.”

    The Executive Secretary, who was asked how the increase in the fine or penalty for gas flaring has affected the supply of gas for power, described the regulation as a welcome development, which does not in any way make any difference in the gas to power.

    The Minister of Power, Works and Housing, Babatunde Fashola had late last year told reporters in Minna, Niger State that owing to the Power Assurance Guarantee payment to Gencos, their monthly payment had risen 20% to 80%, bringing their production to 7,000mw.

    Meanwhile, the Managing Director, Transmission Company of Nigeria (TCN), Mr. Mohammed Gur Usman had in December told reporters in Abuja that the recent increase in the penalty for gas flaring by the Department of Petroleum Resources ( DPR) would lead to increase in gas to power to further boost power supply in the country.
    But Barrister Joy Ogaji insisted yesterday that liquidity and not gas is the problem of the companies.

    Meanwhile, the Nigerian Bulk Electricity Trading (NBET) Company, Dr. Marilyn Amobi Company Managing Director, whom The Nation asked on phone whether the Federal Government is planning another phase of power sector intervention for the GenCos, requested our Abuja correspondent to write a letter to request for the information.

  • Total starts up production of giant Egina Oil Field

    The French multinational oil and gas company, Total, on Wednesday said it had started production from the giant Egina Oilfield located 1,600 metres of water depths, 150 kilometres off the coast of Nigeria.

    Arnaud Breuillac, the President, Exploration and Production, Total, said that the Egina Field would produce 200,000 barrels of oil per day, which represents around 10 per cent of Nigeria’s production.

    Breuillac said, in a statement in Lagos, that the Floating Production Storage and Offloading (FPSO) unit used to develop the field was the largest built by Total.

    According to him, six of the 18 modules on the FPSO were built and integrated locally, while 77 per cent of hours spent on the project were worked locally.

    He said that startup had been achieved close to 10 per cent below the initial budget, representing more than one billion dollars of capital expenditure savings.

    Breuillac said that it was due to drilling performance where the drilling time per well had been reduced by 30 per cent.

    “Egina will significantly boost the group’s production and cash flow from 2019 onwards.

    “It will benefit from our strong cost reduction efforts in Nigeria where we have reduced our operating costs by 40 per cent over the last four years,” he said.

    Initially discovered in 2003, the Egina Oil Field is the second development in production on the Oil Mining Lease (OML) 130.

    Total Upstream Nigeria Ltd operates OML 130 with a 24 per cent interest, in partnership with the Nigerian National Petroleum Corporation (NNPC) and South Atlantic Petroleum- SAPETRO Ltd.

  • BP, Exxon, Total, 13 others bid for Ghana’s oil fields

    Sixteen companies, including five majors, have submitted 60 applications for the five acreages on offer in Ghana’s first licencing round.

    According to Africa Oil+Gas Report, the Ministry of Energy (MoE) described the companies as “high calibre companies with proven track records,” and sees their interest as “a vote of confidence in the Ghanaian economy.”

    The applications opened publicly on December 21, are for prequalification for Expression of Interest (Eol) for competitive bidding for three Blocks (GH_WB_02, GH_WB_03 and GH_WB_04) in the Western Basin and direct negotiations in respect of two blocks (GH_WB_05 and GH_WB_06), all offshore in the Republic of Ghana.

    Two of the applications were invalidated as they were for Block GH_WB_01 which has been reserved for the Ghana National Petroleum Corporation (GNPC).

    “In line with this, 58 valid applications will be considered for the next stage of the process”, the Ministry said.

    The applicants include ENI, Cairn, Harmony Oil and Gas Corporation, ExxonMobil, CNOOC, Qatar Petroleum, BP, Vitol, Global Petroleum Group, Aker Energy, First E&P, Kosmos, Sasol and Equinor.

    “Government is determined to use a transparent process as specified by law to shortlist companies that have the capacity and will qualify based on prescribed criteria” said Mohammed Amin Adam, the country’s Deputy Minister of Energy.

    “We will collaborate and partner with them to explore and exploit the resource for our mutual benefit and most importantly the benefit of the Ghanaian people” said Lawrence Apaalse, Chairman of the Licensing Round Committee.

     

  • Total to boost oil export from Egina field

    Total SA is set to start export of crude from a major new offshore field in Nigeria, adding to global supplies at a time when oil prices are plunging.

    Shipments of Egina crude from a floating offshore production vessel have been scheduled for February, according to a copy of a loading program for the new grade seen by Bloomberg. Initial exports should be just over 100,000 barrels a day (bpd) but could double in the following months.

    The extra supplies will arrive at an awkward moment for an oil market that’s seen prices for benchmark Brent and West Texas Intermediate grades plunge by more than $30 a barrel since early October. The project will also bolster Nigerian production when the country is meant to be restricting supplies to help Organisation of Petroleum Exporting Countries (OPEC) and its allies avert a glut.

    Egina is the first of a series of a projects that are intended to revive Nigeria’s oil production into the next decade, while also increasing the share of output from offshore facilities and thus minimising risks from sabotage and crude theft.

    Total, the field’s operator, will handle shipments from a $4 billion floating production, storage and offloading vessel, the largest facility of its kind ever built by the French major.

    Nigeria agreed on Dec. 7 to curb its output when the OPEC and allied producers met in Vienna. The nation will have to cut supplies starting in January by about 40,000 bpd under the deal.

    Nigerian crude production has dipped in recent years and stood at about 1.76 million bpd in November, according to estimates compiled by Bloomberg.

    Exports of 200,000 barrels a day would make Egina a bigger grade than all bar three Nigerian crudes, based on January loading-program data compiled by Bloomberg.

  • Total, NNPC commission solar system in centre for ‘special children’

    Energy giant, Total, the Nigeria National Petroleum Cooperation ( NNPC ) and other ancillary companies have commissioned alternative energy, solar system at the Don Guanella Center at Nnebukwu community in Oguta Council Area of Imo State.

    The Center operated by the Catholic Church, houses mentally deranged children and those living with down syndrome, as well as homeless old people.

    With the commission of the solar system, the Centre will now have 24 hours uninterrupted power supply, which will ease the plight of the inmates and reduce the of running the centre.

    Speaking at the commissioning, the Catholic Priest in charge of the Center, Reverend Father Jude Anamelechi, commended Total and the NNPC for the gesture, which he described as a huge relief.

    According to the cleric, “the installation of the multi-million naira solar Energy has provided a big relief to the center in the area of power supply. It has greatly improved the lives of our children here in the center especially the fact of aiding in the management of health crises at night. The project has reduced the cost of powering the center and eliminated pollution caused by the use of diesel”.

    He however appealed to the companies to do more and extend the solar to power  the borehole, stating that “with the type of children we have, water is very much important for their hygiene”

    The Priest disclosed that the Center had been in existence for 26 years, “Don Guanella Center belongs to the congregation founded by Saint Luigi Guanella, an Italian Priest. We rehabilitate mentally and physically challenged children.

    “These are children who deserve to live and enjoy life like others but are facing serious health challenges like epilepsy, Down syndrome, cerebral palsy and autism.

    “We have special school, the physiotherapy, occupational therapy and others. In our Guanella tradition we strongly believe that disability is never inability, therefore we help our children to discover the hidden capacities in them.

    “Ours is to reawaken in them and in the society the consciousness that every human being even those less gifted by nature have something to
    offer to the society.

    “With the recent admission, we have forty children (6 day care and 34 boarders) and some others are in their families because of the limited financial resources of the center to provide their ever increasing needs, which include feeding, clothing, medical, speech therapist, physiotherapist among others”.

    Read Also: Minimum Wage: No agreement on N30,000, Says FG

    Speaking at the occasion, shortly before the commissioning, the Managing Director, Total Upstream Companies in Nigeria, Mr. Nicholas
    Terraz, represented by the Head of Corporate Affairs, Abiodu Afolabi, said, ” we are contributing to the realization of the United Nations Sustainable Development Goals, SDGs. Number three and seven, which talk about ensuring good health and well-being as well as provision of cleaner, affordable, reliable, sustainable and modern energy”.

    He added that, “Two months ago, we embarked on the construction of this Solar solution project in fulfillment of the these goals andtoday, we are happy to hand over a project capable of generating 246MWH of electricity annually through the use of solar photovoltaic (PV) panels.

    “Each of the five buildings in the Centre is provided with solar power and run independently. With the completion of this project, the
    institution will depend less on diesel generators for its electrical needs, thus reducing environmental pollution as well as operational cost and this will leave more funds available to meet the other needs of the residents.”

    In her speech, a representative of the Imo state governor, Rochas Okorocha, Mrs Ama Eluwa, Permanent Secretary Ministry of Gender and Social Development, said, “indeed children are the leaders of tomorrow. They are the strength of a nation. They are the pride of the people. It is on this continent that children suffer immensely from abuse and neglect. Care and concerned for all children is the hallmark of a civilized nation.

    “In my capacity as the permanent secretary of Gender and Social Development, this one the institution that is under our supervision.

    “Our joy knows no bound as we see light not just for one hour but for 24 hours to help in taking care of our children.”

  • Community hails Total for resolving Akoka fuel leak

    Residents of Akoka community in Lagos State have commended the Total service station in Akoka for its swift response in tackling and resolving an accidental fuel leakage which resulted in contamination of water sources of some houses in the area.

    According to Segun Adesanya, Chairman, Akoka Community Development Association, the service station notified him about the fuel leakage immediately the incident occurred as well as the Lagos State Environmental Protection Agency (LASEPA).

    He stated that LASEPA directed Total to start immediate clean up and remediation which has since been done by the station.

    Some landlords in the affected area confirmed that the community was free from any form of contamination, and acknowledged the swift response of the management of the service station after the leakage was reported.

    One of the landlords, whose houses were affected, Mr. Razak Odufuwa, of No. 57, St Finbarrs College Road, Akoka, said there was an incident of fuel leakage in the area. He commended the management of the service station for mitigating impact of the fuel leak and speed of clean up exercise.

    Odufuwa said: “When the incident occurred, our water was contaminated and unsafe to drink or for any other domestic purposes.’’

     

     

  • Total fuel leakage: Station, others clarify remediation, restoration

    The remediation by the Akoka, Lagos Total filling station management in fixing its underground tank, which leaked fuel that polluted residents’water sources last year, has received commendations from government agencies and residents. They praised the firm’s management for its swiftness in addressing the leakage. However, a resident seems not happy and complains about the job which he describes as unsatisfactory. But the management of the filling station sees the complaint as an effort to sabotage its determination to make the area better than it was before the incident. EMEKA UGWUANYI examines the issues.

    Few months after the reported incident of an accidental fuel leakage at Total filling station in Akoka, Lagos State, which resulted in contamination of the water sources of some houses, Total officials said they have since carried out a thorough remediation and fixed all that was necessary to bring the environment to its original state.

    Various documents seen by The Nation and eyewitness accounts confirmed that the French oil giant met all requirements as well as restored normalcy to the affected water systems in the area.

    The document obtained from Lagos State Emergency Management Agency (LASEMA) and the Lagos State Environmental Protection Agency (LASEPA), dated June 15, noted that contamination of water due to petrol leakage from the station’s underground tank was cleared. Some landlords in the area said the community was free from any form of contamination, praising the swift response of the management of the filling station after the leakage was reported.

    Three landlords confirmed that the environment was safe. One of them, Mr. Razak Odufuwa, who claimed to be the landlord of No. 57, St Finbarrs College Road, Akoka, whose house was affected, admitted that there was an incident but commended the reaction of the company, which he said, acted swiftly to mitigate the effect.

    “Initially, when the incident occurred, our water was contaminated and unsafe to drink or for any other domestic purposes. The station was the first to alert us; they disconnected all the water sources and gave us alternative source of water while they corrected the situation. They have corrected the situation, dug a new borehole in my house and I now have clean water as you can see (drinking water from the tap),” Odufuwa said.

    Another landlord, Olusegun Oladipo, of No. 61, St Finbarrs College Road corroborated Odufuwa’s claim, adding that the company responded beyond their expectations as their situation was now better than how it was before the incident. “We now have new borehole with cleaner water supporting the government’s commissioned water system,” he added.

    Similarly, another landlord explained that the situation has become a blessing in disguise, saying: “For sure, we were affected by the leak from their underground tank, but the situation has landed us several bore-holes with cleaner water supporting government’s commissioned water system.

    “Any accusation against the company is purely malicious and has no basis because the company has done all that was required by law to do and more for us. As such, we are grateful for their swift action to contain the incident and provide an additional water system for the community of Akoka.”

    Reports from various expert agencies, presented by the managers, indicated that the community can now go about their daily business without fear or concern. Besides, some dwellers in the area also confirmed to The Nation the swift and consistent response of the station managers towards the crisis, which occurred last August 13.

    However, a resident, Ifeamaka Umeike, expressed dissatisfaction with the effort of the station, complaining that it had not yielded good result. According to her, the company claimed to have done remediation, but the area, she said, was still polluted.

    “All we are saying is that the filling station should exhume and evacuate its fuel tank and replace it with new ones because the tank is still leaking,” she added.

    However, the station dealer told The Nation that the right steps were taken and they have also been fair to all since the inception of the crisis till date.

    Documents obtained by The Nation confirmed the steps the company said it took to manage the situation, and how it liaised with relevant stakeholders, including the Akoka Community Development Association, Lagos State Emergency Management Agency, Lagos State Environmental Protection Agency, LASEPA, National Oil Spill Detection and Response Agency (NOSDRA), the Department of Petroleum Resources (DPR) and Bariga Police station in the remediation process.

    They also presented the final certification reports declaring the area free and safe from pollution.

    In LASEPA’s document sighted by The Nation, dated June 11, the community was declared free of water adulteration arising from petrol leakage from the station’s underground tank, following several tests.

    They also presented a proof stratification certificate of conformity, dated September 29, last year, which indicated that the leakage had been fixed. In addition, the management of the station provided a document, which detailed how the management of the station held several meetings with government agencies and landlords in the area where it was formally resolved that the station should provide the affected houses with alternative source of water, conduct medical evaluation of residents of affected houses in recognised government hospitals, as well as provide affected houses with new boreholes.

    The dealer of Total Service Station, Akoka, Mr. Aleem Maruf, admitted that there was indeed, fuel leakage in the station premises, but disagreed with the claim that the community was neglected.

    He said: “On August 13, 2017, we discovered that there was fuel leakage in one of our underground tanks after we realised that 600 litres of petrol was missing. Immediately, we notified Total headquarters and our station at Apapa, which swung into action without delay.

    “We started by disconnecting all the water sources immediately. The situation was appropriately reported to Bariga police station after which we alerted and invited all stakeholders including officials of the LASEMA, LASEPA and DPR. They all toured the community and took samples from houses to determine affected areas as well as extent of damage. By the end of the investigation, it was discovered that seven houses including the station were affected.

    “Having done this, an agency, Terra Aqua Environmental Consultancy Limited, commenced remediation, which started right from the station. We were advised by LASEPA to get tank for all the affected houses and supply them water regularly for the period of the remediation. We bought Geepee tank of 2000 litres capacity for all affected houses and supplied them with government approved water four times in a week to ensure that they don’t lack water. We also made provision for medical check-up to be carried out at their convenience.

    “By May 2018, the affected areas were declared free from pollution, hence, it was confirmed safe to drill new boreholes. As instructed by LASEPA, we have dug four boreholes while the 5th one is due for completion.”

    Reacting to Ifeamaka Umeike’s claim, Maruf denied neglecting the community, stating: “On the day the sad incident broke, the lady in question was not around, she came back two weeks after we had cleared the environment and done the needful by law. However, remediation exercise was still ongoing. She commended the station on the efforts taken so far and this is glaring in a letter she wrote to us.”

    The Nation saw the letter dated  August 30, last year where she (Ifeamaka) applauded the company’s swift action, stating: “I have to applaud the fact that they (Total station dealer) swung into action quickly. They provided affected residents with tanks of water, which they replenish periodically. While the filling station is quite responsive, I am yet to see any action taken by Total Nigeria Plc.”

    Maruf also alleged that “she came back to complain that her pipe connections has been polluted. And I wondered how that could have happened because I had disconnected all the pipes in the affected areas when the leak was discovered while she was away. But I heeded and changed all her pipes again. Note that while other houses have 2000 litres of Geepee tank, I gave her (Ifeamaka’s) house 7000 litres of Geepee tank with pumping machine that takes water directly to her apartment to fulfill her desires’’.

    “Three days after, she came back to my office and asked me to change her washing machine hose, which she claimed got contaminated by the leakage. Without arguing, I set out for a new hose but she was discontented with eight different hoses I brought, insisting they did not fit her washing machine. She eventually requested for a new washing machine and asked me to get her a 7kg washing machine that cost N250,000 as against her 3kg type. She came back the second day to thank me and told me I was free,” Maruf said.

    The Nation sighted a receipt of the 7kg washing machine and a picture of the old washing machine.

    Nonetheless, Maruf said: “She was doing all this after the remediation has been certified okay by the agency in charge. As a matter of fact, we have started digging boreholes, so far, we have dug boreholes in four houses, and the fifth one is ongoing. But she refused to let us dig in her apartment, but we eventually dug it with the intervention of security personnel.

    “However, she still complained that the water is not neat, whereas, water from other houses where we dug the same borehole had no issue, so we suspected she was sabotaging our efforts, especially considering the fact that there is a government borehole in the same house producing potable water.”

    Maruf also explained what led to the fuel leakage, as well as steps taken to avert future occurrence.

     

  • Aiteo, NCDMB, Total get awards

    The Aiteo Group has won declared Indigenous Oil and Gas Company of the Year.

    This was at the  Nigerian Oil and Gas (NOG) Awards held in Abuja.

    The gala and awards night rounded off the Nigeria Oil and Gas Conference and Exhibitions organised by  London-based CWC Group.

    NOG is Nigeria’s yearly oil and gas industry event, which draws key players across the energy sector. It is a viable platform for networking, sharing ideas, and exploring new opportunities and innovations in the industry.

    This year, many industry professionals came from both the public and private sectors.

    Aiteo’s CEO and Executive Vice Chairman, Benedict Peters, attributed the company’s emergence as the indigenous oil and gas company of the year to the depth of its human resource, and sustainable investments in the industry, and the economy.

    “We remain committed to our vision of shaping the future of sustainable energy in Nigeria and beyond, strategically deploying resources and technologies that lead to sustained economic development and value for all stakeholders. This honour from the NOG is fulfilling, particularly coming from our peers and a reputable industry platform. We dedicate this award to the highly committed, talented and industrious people working at Aiteo and making things possible on a daily basis,” Peters added.

    In the Corporate social responsibility (CSR) arena, Aiteo gives back to the local communities in which it operates through grants and donations, seed capital and philanthropy. It has also supported several social investment projects, including special focus on supporting the study of Engineering in host communities and sports, the CEO said.

    In sports, Aiteo has become the  major financier of football after a string of contributions to the Nigerian Football Federation (NFF) and the  Super Eagles. To support local football, Aiteo took over the sponsorship of the Federation Cup,  and renamed Aiteo Cup.

    On the continental stage, Aiteo partnered the Confederation of African Football (CAF) to sponsor the African Football Awards in January this year.