San Leon, the independent oil and gas production, development and exploration Company focused on Nigeria, has on behalf of Decklar Resources Inc in Canada disclosed an operation update on Oza field. As announced by San Leon on 20 December 2022, the company is currently in advanced negotiations in respect of the proposed sale of San Leon’s non-core investments in DPL. Part of the text of Decklar’s operational disclosure is as stated set below:
Decklar Resources Inc. has said that the company and its co-venturer Millenium Oil & Gas Company Limited have executed a new sale and purchase agreement for the delivery of 30,000 barrels of crude oil (bbls) to the Edo Refinery and Petrochemicals Company Limited (ERPC) in Edo State, Nigeria.
Decklar and Millenium have also announced that following the successful previous delivery of 10,000 bbls of crude oil, a sale and purchase agreement has been signed for an additional delivery of 30,000 bbls of crude oil to a small crude oil refinery in Edo State, Nigeria. Under the terms of the agreement an invoice will be issued after delivery of each 5,000 bbls of crude oil with payment to be received within 21 days.
Decklar and its co-venturer Millenium Oil & Gas Company Limited have executed a new sale and purchase agreement for the delivery of 30,000 bbls to the Edo Refinery and Petrochemicals Company Limited (ERPC) in Edo State, Nigeria. ERPC is a 6000 barrels per day modular refinery located in Ikpoba-Okha LGA, Edo State; in the Southern Niger-Delta region of Nigeria.
Laser Establishes Laboratories For Testing, Quality Control in Nigeria
As part of efforts by the Nigerian Content Development and Monitoring Board, (NCDMB) to increase indigenous capacities, capabilities and competencies in the oil and gas industry, the Executive Secretary, Engr. Simbo Kesiye Wabote recently commissioned a block of Quality Control and Assurance Laboratories christened, Nigerian Content Laboratories by Laser Engineering and Resources Consultants Limited.
Speaking at the commissioning, Engr. Wabote commended Laser Engineering for being as an indigenous company of repute, rendering premium services to the oil and gas industry in the areas of reservoir management, pressure-volume-temperature, (PVT) and environmental services, well intervention services (Slickline), and Research &Development services in a manner that ensures customers and stakeholders’ satisfaction through compliance with best practices for continual improvement. He specifically stated that Laser Engineering has made an indelible mark of becoming an enduring organization that utilizes available resources in solving intellectual problems in the oil and gas industry.
The Nigerian Content Chieftain cut the tape to formally open the Nigerian Content Laboratory Complex housing Calibration, Molecular & Micro-Biology, Instrumentation and Chemistry Laboratories. Other Laboratories at the complex include Research, Development & Incubation, Crude Assay, PVT Laboratories, Well Intervention Workshop, Reservoir Office and a Library.
Fielding questions from the media, Managing Director, Laser Engineering and Resources Consultants Limited, Prof. Mike Onyekaonwu maintained that the Analytical Science Laboratories were established to stem the tide of over-dependency on foreign laboratories. He disclosed that the research centre initiated a Hydrate loop to engender enhanced recovery of crude oil in Exploration & Production operations. The laboratories are also established for students in tertiary institutions to run basic experiments to enhance practical experience of their course of study.
Prof Onyekaonwu indicated that the fabrication of most of the laboratory equipment is done in-country to reduce costs on institutions of higher learning as he is the sole funder of the initiative. He harped on the need for the establishment of other laboratory facilities in the country, which would handle the nation’s peculiarities through innovation, research and development rather than the hurry for materialism.
The academic encouraged industrialists to create their own technology that can be deployed for problem-solving, noting that over-dependency on the NCDMB can be a problem. He disclosed that investments in research grow any economy and Nigerians need to be resilient to create indigenous technology.
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