Contracts

penspen alliance with crestech secures pmc deal with nnpc

Penspen, a leading global provider of engineering and project management services to the energy industry, and Nigerian engineering firm Crestech, have signed their largest contract to date after forming a strategic alliance in November 2016.The companies have secured a deal with the Nigerian National Petroleum Company (NNPC) for the provision of project management consultancy services across four gas projects in the Niger Delta region, with work already in hand.The scope of services under the project management consultancy (PMC) contract includes, but not limited to, the following four identified critical gas development projects; Oil Mining Lease (OMLs) 24 and 18 Joint Development, OMLs 26,30,32,42 and Makaraba Clusters Development, OML 13 Cluster Development, OML 35/62 Okpokunou / Tuomo West Cluster Development.The scope of work covers project management services, as well as personnel support, throughout the duration of the planned gas development, initially expected to be completed by 2020.Peter O’Sullivan, chief executive officer of Penspen, said: “Our partnership with Crestech allows us to deliver the full range of work required by NNPC in Nigeria and this highlights a positive step in our relationship and growth in the region. The strategic alliance allows the best of both companies to be brought together to deliver positive results for clients.“The seven gas projects will help NNPC to achieve its overall gas supply goals to support Nigeria’s National Gas Policy (NGP) 2017. We look forward to working with NNPC and Crestech over the next four years.”The managing director of Crestech Engineering, Engr. ‘Gbola Sobande, expressed his excitement to have Crestech play such a key role in moving Nigeria closer to its gas development goals. He stated that “jointly delivering a project of great significance to Nigeria, along with Penspen, will help strengthen the relationship between the two partners, while also further solidifying Crestech’s position as a leading indigenous oil and gas engineering company that is recognised across Nigeria.The partnership allows Penspen and Crestech to provide engineering, project management and asset integrity services for oil, gas and energy assets in Nigeria. This project will combine Penspen’s global expertise with Crestech’s strong domestic reputation.Penspen has been active in Sub-Saharan Africa since 1972 and carried out a number of strategic projects in Nigeria including the Escravos – Lagos Gas Transmission System and Nigeria’s National Petroleum Products Pipelines and Depots.

Published: 30-08-2018

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