AN international oil service and engineering company, Technip Group, has indicated interest to work with the Nigerian National Petroleum Corporation, NNPC, in its core areas of business.

The Senior Vice President of Technip Group, Mr. Philippe Barril, disclosed this recently during a courtesy call on the Group Managing Director of NNPC, Mr. Austen Oniwon.

Barril who led a delegation of Technip Group’s executives on the visit said the NNPC can count on them as a partner, as they are keen on developing a long term relationship with the corporation.

Barril, who said Technip has been in Nigeria for 10 years developing engineering capabilities of major players in the oil and gas sector, said his delegation’s visit was also to enable them hear from the NNPC boss the policy and plans of the corporation so that they can plan effectively.

Responding, Oniwon briefed them on the changes that are anticipated in the Nigerian oil and gas sector as a result of the Nigerian Content Development Act and the Petroleum Industry Bill, which he said would be passed within the life of the current administration.

Oniwon argued that the PIB will not only change the way businesses are conducted in the industry, but also would bring about a lot of changes in the operations of the corporation, which would be re-focused as profit-driven commercial entity independent of the government.

“Transformation within the corporation is already on in preparation for the passage of the PIB, as we are expected to hit the ground running,” he said.

He added that the new NNPC is focusing on developing its upstream portfolio to grow production to 250,000 barrels per day by 2015, opening up of the inland basins, fixing the refineries, expansion of local refining capacity through the construction of three Greenfield refineries, establishment of petrochemical and fertilizer plants and the construction of gas infrastructure for gas to power projects aimed at realising the Federal Government’s ambition to raise power production to 40,000 mega watts.

He urged Technip to partner with NNPC to deliver on the projects.

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