Energy

September 11, 2012

Broron acquires support vessel for oil exploration

By Godwin Oritse

In line with the realisation of the local content objectives, BRORON Oil and Gas Limited has acquired a support but specialsed vessel ‘BSV Aviana’ to service the upstream sector of the Nigerian Oil and Gas industry.

In a chat with newsmen in Lagos, the Chief Executive Officer of Broron, Mr. Henry Ojogho, said that Nigerian firms are not doing up to five percent of jobs in subsea engineering, adding that the acquisition of the diver vessel will bring about an added value to the local content componentsof some the contracts executed offshore.

He noted that the target of government for local firms to achieve 40 percent of offshore contract may not be realisable if certain issues like duty payment on vessels are not waived for local operators.

Ojogho said that Broron is a wholly indigenous company with mainly Nigerians workers and international expertise that can compete anywhere in the world.”We are a local firm and we are also trying to position ourselves to take over from companies like Subsea 7, Bonbon and other foreign firms operating in the nation’s Oil and Gas sector.What we want to do is to achieve the local content component of contracts in the upstream sector.”

He explained that due the technical nature of the vessel, the firm had to retain the services of some expatriates who will train the local crew on how to handle the vessel.He added that the company is equally making plans to acquire a second vessel, which will mean the employment of more Nigerians by Broron.

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