18 December 2012, Sweetcrude, Lagos – To boost the Local Content Initiative of the Nigerian government, Shell Petroleum Development Company Limited, has awarded Maturation Studies Services contracts to four Nigerian companies.
This will help the indigenous firms build their capacity in a key aspect of the oil and gas industry.
The pioneer contracts will enable Laser Engineering and Consultancy Nig. Limited, Ankorpointe Nig. Limited, Integrated Data Services Ltd (a subsidiary of NNPC) and Nubian Nig. Limited, to conduct front-end subsurface maturation studies in Shell’s onshore Eastern Operations for over a two-year period.
Maturation studies involve evaluation of subsurface data to build a picture of the hydrocarbon reservoirs and are vital to determining major oil and gas development plans.
In the past, there was a tendency to conduct a number of maturation studies overseas as a way of meeting planned targets.
Shell’s Manager, Geosolutions, Mr. Nedo Osayande, representing General Manager, Development, Mr. Bayo Ojulari, said, at the contract signing ceremony in Port Harcourt, Rivers State: “It has been a long journey. We liaised with the contractors on the conduct of subsurface studies, understanding their challenges and working to resolve them to a point where they can now render the required services. This is a top moment for Nigerian contractors in the oil and gas sector.”