PETAN Commends NNPC’s Oil Search Efforts in Chad Basin

Fri, Jun 2, 2017 | By publisher

Oil & Gas

THE Petroleum Technology Association of Nigeria, PETAN, coordinator of Nigeria’s participation at Offshore Technology Conference, OTC, has commended the Nigerian National Petroleum Corporation, NNPC, for its “aggressive” efforts in the search for oil in the Benue Trough and the Lake Chad Basin.

Bank-Anthony Okoroafor, PETAN president, gave this commendation while presenting three awards to Maikanti Baru, group managing director, NNPC, who received them on behalf of the Corporation.

The awards were won by the NNPC and its group managing director, at the just concluded event in Houston, Texas.

Of the three awards, two are for NNPC: the 2017 Oil Industry Award, given in recognition of the corporation’s “aggressive exploration campaign in the Benue Trough and the Chad Basin, and an Appreciation Award, for its role in the promotion of the growth of Nigerian companies and entrepreneurship in the petroleum industry.

A personal award, the 2017 Oil Industry Leadership Award, went to the Baru, as a mark of recognition for his leadership and outstanding contribution to the development of the Nigerian Oil and Gas Industry.

Presenting the respective awards to him,  Okoroafor said PETAN recognises the corporation’s efforts to increase the nation’s oil and gas reserves.

“By exploring for more oil in the Benue Trough and Chad Basin, the NNPC is working hard to grow the nation’s oil and gas reserves. This is a commendable effort and we will always identify with that,” he said.

Okoroafor condoled Baru over the loss of some of his family members recently.

On his part, a visibly elated group managing director thanked PETAN for the awards, noting that oil exploration in the Benue Trough and the Chad Basin “remains a duty that we must accomplish in order to increase the nation’s reserves.”

He added that the awards would spur him personally and the NNPC to achieve its sets targets thereby creating value for the nation’s hydrocarbons for the benefits of all Nigerians and other stakeholders.

PETAN is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream sectors of the Oil industry.

It aims at bringing together Nigerian Oil and Gas entrepreneurs to create a forum for the exchange of ideas with the major operators and policy makers.

—  Jun 12, 2017 @ 01:00 GMT