03 December 2018, Sweetcrude, Port Harcourt — The Petroleum Technology Association of Nigeria, PETAN, has urged investors coming into the country for oil and gas business, to invest in local companies with credibility for quality and reliable delivery.
PETAN, which is the umbrella association of indigenous oil servicing firms in the country, stated this at the weekend during the official opening of an indigenous oil servicing firm, Global Process and Pipeline Services Limited, GPPSL, in Port Harcourt.
PETAN Chairman, Mr. Bank-Anthony Okoroafor, said if attention is given to more credible local companies, it will promote capacity which will positively result in the development of the nation.
Okoroafor commended the management of GPPSL for adhering to the rules of PETAN in the establishment of the company and urged the oil firm to continue building capacity in the development of the country.
Also speaking, the Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, Engr Simbi Wabote, commended the oil servicing firm for its speedy improvement few years after it kicks started.
Wabote, who was Chairman of the occasion, advised the firm to maintain its quality, especially concentrating on its best specialisation for quality delivery
“GPPSL dream that started years ago in a humble level has grown to an enviable position today. This is because they did not dabble in different areas which expose them to incompetence.
“Therefore, GPPSL should concentrate on your best area of specialisation for standard and quality production. There is quality here and there is safety in the company’s facility.
“The circle where they operate is the bedrock of the nation’s economy and if the quality is maintained, GPPSL will become an enviable company in Nigeria”, Wabote stressed.
Earlier, Managing Director of GPPSL, Engr Obi Uzu, said the firm which started eight years ago, has built its reputation on professionalism and quality service delivery in the oil and gas sector, without compromising safety and quality standards and today has developed to multinational business with a brand name attracting partners and investors.
Uzu stated GPPSL has continued to provide value, reliability, and technically effective solutions to its ever-increasing clientele base, adding that it was on this basis that multinationals like ExxonMobil and other stakeholders like NCDMB, PETAN have been flowing smoothly with the company since its existence.
“Global Process & Pipeline Services Limited started operation eight years ago right here on this very ground, where we are all seated now. Then, it was a virgin, swampy and empty ground. We had two personnel, thereafter we followed with some low-cost equipment, then a mini-warehouse and a two-room bungalow as our main office.
“As a strategy in anticipation for growth, we put in place a governance code for the shareholders. Thereafter, deliberate efforts were invested to get GPPS certified by various IOCs, industry players, and regulatory agencies. Organisational and management control structures were developed and put in place to give room for this rapid growth the company has witnessed.
“Our critical success factors include massive in-house capacity in terms of fit for purpose equipment; competence, dedicated and resilient workforce; extremely commendable track records; and unbroken focus in our core areas of competency.
“Our strategic plan into the future is all clearly set-out; our goal is to turn GPPSL into a global brand, spreading into other countries. We have no doubt that GPPSL would become the obvious market leader in our product service line, especially in Africa. I see GPPSL expanding her geographical foot-print into other Sub-Saharan Africa countries in the nearest future.”