*L-R: Chairman, Pacegate Limited, Marnoj Kirpalani; His Excellency, Indian High Commissioner to Nigeria, Abhay Thakur; Honourable Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo; General Manager, Project Authorisation and Certification, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Paul Zuhumben and Managing Director, Pacegate Limited, Umesh Armanani at the launch of Pacegate Energy And Resources Limited (PEARL), a subsidiary of Pacegate Limited in Lagos on Monday, May 24th, 2021.
Nnenna Alozie
Lagos — Pacegate Energy and Resources Limited, PEARL, an arm of Pacegate Limited has entered into a partnership with Canadian Energy Solutions, CES to manufacture drilling chemicals, water and oil-based production chemicals for the oil and gas industry in Nigeria.
While commissioning the company’s ultra-modern manufacturing plant, the Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo stated that there is a need for innovative partnerships such as this to boost local content in Nigeria.
“I am pleased to formally commission the first local content fluids and chemical solutions manufacturing plant in Nigeria, which represents a significant landmark for the country’s industrialisation programme.
“Domestication of products has been at the centre of this administration’s industrialisation programme to drive job intensive growth of the Nigerian economy. It will increase local production, create job opportunity and improve our foreign exchange reserve position.
Also speaking, the Executive Secretary of the Nigerian Content Development and Monitoring Board, NCDMB, represented by the General Manager, Project Authorisation and Certification, Engr. Paul Zuhumben commended the efforts of Pearl.
“We commend the effort of Pacegate Energy Resource Limited for investing an installed capacity of 12.9 metric tonnes into the manufacturing of chemicals solutions aspects of the hydrocarbon value chain in Nigeria. At the beginning of local content implementation, the board had always emphasised that its focus will be on developing in-country capacity in manufacturing, fabrication, engineering, and other high-end services supporting the oil and gas industry. This project by Pacegate speaks effectively to this”
Also speaking, the Indian High Commissioner to Nigeria, Abhay Thakur, expressed satisfaction with the relationship PEARL has established between India and Nigeria, noting that it will be beneficial to both countries.
While speaking, the General Manager, PEARL, Franklin Oranusih disclosed that the company was established out of a desire to solve industrial challenges with innovative solutions and partnerships.
“We have a commitment to deliver quality and eco-friendly products as we continue to play our part in supporting local content in Africa. As the oil & gas sector continues to grow, it is expedient that we consider the effect it has on the environment, among others. This partnership is a sign of our commitment and we are delighted to announce it. We also appreciate the support of the Ministry of Industry, Trade and Investment and the Nigerian Content and Development Board – NCDMB for its support as we continue to fulfil this commitment.”
PEARL manufactures a wide range of chemicals and products such as Demulsifiers & Water Clarifiers, Corrosion Inhibitors, Scale Inhibitors, Biocides, and so on, while its technology partner, CES provides upstream chemical products bases. With PEARL’s access to CES Energy Solution’s global state of the art analytical and R&D laboratory capabilities as well as domain expertise for specialized test work, both companies continue to conduct innovative research and development activities to provide site specific solutions across Africa.
Founded in 2001, CES Energy Solutions has extensive testing capabilities for corrosion, scale, hydrogen sulphide scavenger and other production related requirements. The company will provide technical assistance to PEARL who is the exclusive representative for production chemicals in the oil producing countries of Africa. CES manufactures raw ingredients that PEARL formulates within Nigeria to provide field strength chemicals. CES who wanted a partner in Africa that brought their own in-house expertise and facilities to compliment CES’ capabilities in North America, chose PEARL because of its impressive resume and the track record of Pacegate.
