- Safiu Kehinde
The Petroleum Technology Association of Nigeria (PETAN) has on Wednesday presented an Award of Excellence to the Managing Director of Shell Nigeria Exploration and Production Company Ltd (SNEPCo), Ronald Adams, as it commended Shell for supporting Nigerian content development in the energy industry.
This was made known in a statement issued and made available to NPO Reports on Thursday.
The award which was handed over by PETAN Chairman Wole Ogunsanya during a courtesy call at SNEPCo office, described the managing director as an “astute and visionary technocrat”.
This, according to the statement, was in apparent reference to his efforts to sustain the achievements of SNEPCo in deep-water production since he came into the role in October last year.
“The history of local content in Nigeria is Shell. Apart from the fact that most of the people in the industry are ex-Shell, for some of us that work with the service companies, Shell gave us jobs that enabled us to build capacity.
“Shell has continued to play this role and PETAN remains ready to continue collaborating with Shell to raise local capacity.” Wole said.
In his remark, Adams expressed gratitude for the award while commending PETAN member companies for contributing to the success of SNEPCo operations at Bonga “from first oil in 2005 to the production of the 1 billionth barrel in 2023.”
He said that investments by IOCs and independent producers in the energy industry would deliver lasting impact when organisations like PETAN leverage their experience and expertise for the overall development of the sector.
PETAN comprises over 100 indigenous technical oilfield service companies, with cumulative annual revenues running into millions of dollars. The organisation celebrated its 30th anniversary last year.