Saturday 9 February 2013

NNPC commends Century Group on seamless operation of Mystrax FPSO



AN indigenous operator, Century Group received accolades from the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Mr Austin Oniwon, on the seamless operations of the Mystrax FPSO owned by the Nigerian Petroleum Development Company (NPDC) situated at Okono Okpoho Field in Oil Mining Lease (OML) 119 offshore Nigeria.
“It has been a successful operation and a testament to the strength of what indigenous companies can do when given a chance,” he said.
Oniwon gave this commendation while declaring open the recently concluded Nigerian Oil and Gas conference in Abuja. The Business Development coordinator, Mr Kunle Ajayi, thanked Oniwon for giving Century Group the privilege after emerging the winner in an intensely competitive bid. Century Group, through its subsidiary, Century Energy Services Limited (CESL) O&M, emerged as the preferred contractor to provide O&M services for the companies.
The company has 99 per cent operational up-time and over 80 per cent machinery availability. The Mystrax is the third Floating, Production, Storage and Offloading (FPSO) to join the CESL O&M fleet. The company also provides O&M services for the Armada Perkasa and Armada Perdana FPSOs which service the Okoro Setu Field on OML 112 and OML 120/121 fields respectively.
Century Group is committed to creating 500,000 jobs within a decade. The company has grown to be the largest manager and operator of four FPSO vessels with over 15 Offshore Support Vessels (OSVs) in Nigeria and Sub-sahara Africa. The company has the financial competence, technical competence and international partnerships required to achieve rapid growth and to deliver on its vision of creating opportunities, solving problems and empowering people.

No comments:

Post a Comment