Shell companies in Nigeria have been honoured by the Petroleum Technologies Association of Nigeria (PETAN) with the Aret Adams Award for Excellence in recognition of its “outstanding contributions to the growth of local content in the Nigerian oil and gas industry”, the 3rd corporate laurel to be won by Shell from the organization.
This announcement was made by PETAN, which comprises of 89 indigenous companies in the upstream sector of the oil and gas industry, at the 2017 award night held in Lagos, the event which also featured awards to other international oil companies and Nigerian service providers. In 2013 and 2015, Shell had also won PETAN’s Local Content Operator of the Year awards.
PETAN President, Bank-Anthony Okoroafor, during his address at the award ceremony, said the award was well-deserved and admitted the role of the leadership of Shell in the development of local content. He stated the lookout of indigenous companies to leveraging growth opportunities in the industry.
The representative of Shell companies in Nigeria, Bayo Ojulari, who is the Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo) expressed his gratitude for the recognition. According to him, Shell see local content as a serious business enabler and for this reason, took important steps in encouraging the community and Nigerian contractors before the Nigerian Oil and Gas Industry Content Development Act was enacted in 2010.
94% of their total number of contracts was awarded to Nigerian companies in 2016, with the total value amounting to $0.74 billion. Also, 110 persons have completed the Shell/PETAN Internship Programme designed to support efforts towards tackling the shortage of competent manpower in some critical disciplines in the oil and gas industry, with emphasis on geology and engineering.