Connect with us
Advertise With Us

BUSINESS

NNPC Committed To Supporting Local Investors – Baru

Published

on


The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Dr. Maikanti Baru, weekend emphasized the corporation’s commitment to support indigenous companies operating in the oil and gas industry to grow to their fullest potential.

Baru stated this in Lagos at the official unveiling of 11 new helicopters to Caverton Offshore Group, an indigenous aviation and marine logistics service provider, commended the company for its high quality services to the oil and gas sector.

A statement signed by spokesperson of NNPC said, Baru express confidence on the ability charge the company to deliver on its new contract to provide aviation services for the NNPC/Chevron Nigeria Limited (CNL) Joint Venture project based in Escravos.

“The award of a new contract by the NNPC/Chevron JV and the capacity of the Caverton Group to respond and mobilize with the introduction of 11 brand new helicopters exhibit the quality of character and tenacity of purpose of the company’s management.

“The development also represents true commitment towards ensuring seamless running of the nation’s oil and gas industry and by extension the Nigerian economy,” Baru said.

The firm was last year awarded a five-year logistics support contract by CNL, operator of the NNPC/CNL JV, for provision of aviation services with a two-year renewable option.

Earlier in his speech, the CEO of Caverton Offshore Group, Mr. Olabode Makanjuola, thanked the GMD and other partners for their consistent patronage, pledging that the company would continue to soar to greater heights.

He recalled that when the company started, they were told that the business was an exclusive preserve of foreign companies, “but people like Dr. Baru kept encouraging us, in line with their belief in supporting the growth of indigenous companies.”

He said over the years, the company had grown from a family business of six people to about 700 employees.

He also thanked the NNPC/CNL JV for the opportunity to participate in the latest Escravos project, even as he expressed confidence that Caverton would work hard to meet the expectations of its clients.



Copyright LEADERSHIP.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from LEADERSHIP Nigeria Newspapers. Contact: editor@leadership.ng







Advertisement
Comments

Sign up for our newsletter

MOST POPULAR

Pin It on Pinterest

Share This

Share this post with your friends!