Oil Rig Jobs -Breaking Monopoly of Foreign Players in Drilling Oil Rig jobs

Oil Rig Jobs -Nigeria’s oil and gas sector has recorded another landmark development with the recent statement by Oando Energy Services Limited (OESL) that it had deployed one of its swamp rigs, christened ‘OES Passion’ to execute a two-year drilling contract, valued at N12 billion for Shell Petroleum Development Company (SPDC).

The development was indeed an indication of a rapidly rising capacity of indigenous companies in the Exploration and Production (E and P) arena.

It was also a boost to the success recorded by another indigenous company on April 29, 2008, when United Arab Emirates-based oil and gas fabrication contractor, Maritime Industrial Services (MIS) Company Limited named the second offshore jack-up drilling rig, ‘SeaWolf Onome,’ which was built for Nigerian oil fields jobs.

Before this development, MIS had in December 2007 launched the first offshore jack-up drilling rig ever built in the Middle East region, the ‘SeaWolf Oritsetimeyin’.

SeaWolf Onome was named after the wife of the Executive Director and Co-founder of SeaWolf Oilfields Services, Mr. Remi Okunlola.

The two rigs were being built at MIS Sharjah shipyard under a $254 million contract for SeaWolf Oilfield Services Ltd, a Nigerian indigenous offshore drilling contractor.

SeaWolf Onome and SeaWolf Oritsetimeyin were originally contracted by Norwegian Mosvold Jack up Limited in 2006.

The first rig was handed over in February 2009, followed by the delivery of SeaWolf Onome in June 2009.
Both rigs are a Friede and Goldman Super Mod 2 design with 30,000 feet rated drilling depth and an operating water depth capability of 300 feet (92 meters).

Commenting on the rig, the Chief Executive Officer of SeaWolf Oilfield Services, Mr. Adolor Uwamu, said the entire new-build project met all of Sea Wolf’s requirements and expectations.

“Both rigs have progressed on time, on budget and according to schedule and this is a vote of confidence in MIS whom we hope to continue our relationship with,” Uwamu said.

Recent    Success    in    Rig    jobs:

on June 26, 2009, MIS confirmed that it had received acceptance of delivery from its client, Sea Wolf Oilfield Services of Nigeria and has received the Protocol of Acceptance and Delivery for the Sea Wolf “Onome” - MIS Hull 105.Safety jobs are great opportunities for a potential career in oil rig jobs.

According to a statement by MIS’s Corporate Communications Director, Rana Said, the SeaWolf “Onome”, along with its sister rig the SeaWolf “Oritsetimeyin” are both considered ‘first of class’ rigs as they are the first ever Friede and Goldman Super M2 design rigs to be delivered in the world and are ABS certified.

In February 2010, Sea Wolf Oil Rig Jobs finally made an entry into the country with three offshore jack-up rigs.

Two of the three jack-up rigs, ‘SeaWolf Oritsetimeyin’ and ‘SeaWolf Onome’, valued at $508million arrived the Nigerian waters on January 30, 2010 to join the third rig, Delta Queen, which had been in the country since 2009.

Commenting on the progress, Executive Director and Co-founder of SeaWolf Oil services Limited, Mr. Remi Okunlola, said: “The first of them, SeaWolf Onome, is today in the Addax operating location- that is the first Nigerian-owned rig to ever operate in Nigeria waters and I’m pleased to say that it is the newest jack-up rig in the world and certainly the freshest jack-up rig to ever work in our waters.”

The Delta Queen is working for Conoil Producing, while the ‘SeaWolf Onome’  worked for Addax on Oil Mining Lease (OML) 123, offshore Akwa Ibom.

Speaking during the celebration of the milestone achievements of ‘SeaWolf Onome’, after it successfully drilled and completed three horizontal production wells and was on the fourth well, the former Managing Director of Addax Petroleum, Mr. Xinmin (Phillip) Wu, said the landmark achievements of the drilling rig was a boost to the Federal Government’s quest for more indigenous participation in the oil and gas industry.

“We are celebrating today because Addax Petroleum has worked jointly with the owners and operators of the indigenously owned jack-up drilling rig, SeaWolf Onome in the last one and a half years, and especially in the last 10 months, to fulfill part of the national aspiration of having Nigerians meaningfully partake in the oil and gas business in the country,” he said.

SeaWolf Oritsetimeyin, which was initially stationed at the LADOL base along the Lagos Harbour, participated in five bids, and won two and has since been deployed.

Delta Queen was originally contracted by Norwegian Mosvold Jack-up in 2006.

Established in April 2007, the company is co-founded by Mr. Adolor Uwanu, an ex-investment banker with Morgan Stanley, and Mr. Remi Okunlola, ex-law partner, Perchstone and Graeys.

With the pedigree of these professionals, there is no doubt that the success of indigenous firms in the drilling rig business could also be attributed to the world- class experience of restless indigenous professionals and investors who had earlier succeeded in most challenging tasks while in the services of foreign companies.

Other Landmark Areas:

Apart from the drilling rig business, wholly- indigenous firms like Conoil Producing, Sogenal, AMNI International, Platform Petroleum, Niger Delta Exploration and Production, Britannia-U, Oando Exploration and Production, and many others have pushed through development stages to put some of their oil fields on stream, using local capacity and capability.

As more and more Nigerian professionals quit the services of foreign multinationals and float local firms to make in-road into the upstream business, it is becoming increasingly clear that indigenous firms only need a chance to prove their mettle.

With the recent success recorded in the rig business, Nigerian indigenous companies stand in the front row of the league of foreign rig service providers like Transocean.

In fabrication and construction, wholly-indigenous firms like LADOL, Niger dock and Dorman Long have set world records with jobs delivered in Nigeria with local technicians.

In oilfield services, Tilone, Oando, Weafri, Weltek, Waventures, Global Ocean and many others stand out with exceptional services, with Tilone Subsea Nigeria Limited as undisputed indigenous leader in the provision of Remotely-Operated Vehicles (ROVs).

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With the recent success by Oando in the rig business, the company has no doubt moved further to become one of Africa’s fastest growing indigenous exploration and production firm with selective investment strategies that have seen it plug into streams of juicy non-operated assets, thus providing the firm with a variety of business models.

Oando’s latest drilling rig, OES Passion brings to three the number of rigs the company has in operation since the deployment of ‘OES Integrity’ in 2009 and ‘OES Teamwork’ in 2010.

However, OES Passion is a unique swamp barge with sequential well drilling capabilities and a skidding system that enable it drill up to six wells in one location.

The rig, which was formerly known as Parker 75, entered into service in 1999 and it is rated to 3000HP, an indication that it is able to drill up to 25,000feet in water depths of up to 16 feet.

The rig has a technical team that was 99per cent constituted by Nigerians, and several competent indigenous contractors.

Commenting on the rig, the Chief Executive Officer of OESL, Mr. Bandele Badejo, said the deployment of this rig further underlined the company’s commitment to ensuring competent indigenous companies take advantage of the provisions of the Nigerian Oil and Gas Industry Development Act.

Also commenting, Group Chief Executive Officer, Oando Plc, Mr. Wale Tinubu, noted that the company’s business strategy of diversification and expansion into the upstream oil and gas sector was yielding positive results.

With the enactment of the Nigerian Content Act, Nigerian  indigenous exploration and production companies have strategist to pool significant production that have enhanced the country’s gross domestic product, job creation, crude oil revenue receipts, domestic capacity development, foreign direct investments and ancillary business opportunities.

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