A Review of the Nigerian Energy Industry

WA Ventures vessel sinks offshore Nigeria

Waventures logo*Search and rescue operation on-going

26 May 2013, Lagos, Nigeria – Chevron Nigeria Limited, CNL, operator of the NNPC/CNL Joint Venture, has confirmed that Jascon #4 vessel belonging it contractor, West African Ventures Limited, capsized and sank early this morning while supporting a tanker loading at Single Buoy Mooring (SBM) #3, a loading point 30 km offshore in the Escravos area of Delta state, Nigeria.

Initial reports indicated that heavy ocean swells caused the Jascon #4 to capsize while performing tension tow operations of the tanker at SBM #3.

Emergency Response has commenced, including Search and Rescue operation with surface vessels, helicopters and divers.

“CNL wishes to stress that we conduct our business operations in line with the safest global industry standards. The safety of our employees and contractors alike, remains our highest priority,” Deji Haastrup, the
General Manager, Policy, Government & Public Affairs disclosed.

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