Oracle Intelligence

Online newspaper platform

Business Economy Energy

Chevron reaffirms commitment to Nigeria’s energy future

Sopuruchi Onwuka

Chevron Nigeria Limited has assured the federal government of its commitment to realizing the country’s key aspirations in the petroleum industry, stating that its businesses in Nigeria have been modified to align with the Decade of Gas and Nigerian Content Development policies.

Ad >>>

Director of Operations/Chief Operating Officer of the company, Segun Kuteyi, told visiting Executive Vice President (EVP) in charge of Upstream business of the Nigerian National Petroleum Company (NNPC) Limited, Udobong Ntia at Chevron’s Escravos operations base in Delta State, that Chevron’s ventures in the country remain profitable while meeting the objectives of gas flare reduction, gas commercialization and cleaner energy development.

He added that Chevron is also fully domiciled all its fabrication works in-country as part of investments in sustainability of the domestic petroleum industry operations.

“We are proud to be aligned with the Federal Government’s Decade of Gas initiative, and we continue to invest in cleaner energy solutions, reduce routine gas flaring, and build a profitable gas business. Today, 99.9% of our fabrication work is done in-country, reflecting our belief in investing not just in oil and gas, but in people, partnerships, and the future of Nigeria,” Segun declared.

READ MORE!  Biden relaxes sanctions on Venezuela, Chevron to resume ops

“Our business spans exploration, production, gas development, and deepwater operations—including the Agbami Field, one of Nigeria’s largest deepwater discoveries. At the core of our business is the Chevron Way, which outlines our core beliefs, values, and purpose: delivering affordable, reliable, and ever cleaner energy; promoting human ingenuity to solve energy challenges; and operating with trust, integrity, and accountability,” he added.

Oracle Intelligence reports that Chevron Nigeria Limited (CNL) hosted Udobong Ntia on a working visit at its Escravos operations base, using the opportunity to underscore the strategic importance of Chevron’s role in Nigeria’s oil and gas sector.

The CNL Executive Leadership Team, led by Segun Kuteyi, and the company’s Director of Asset Development/Chief Asset Development Officer, Michelle Pflueger, received the NNPC delegation and highlighted Chevron’s over 60-year heritage as a key investor and one of the largest oil and gas producers in Nigeria.

During the visit, the EVP was briefed on Chevron’s integrated operations, which include conventional assets both onshore and offshore, the Escravos Gas Plant (EGP), and the Escravos Gas-to-Liquids (EGTL) facility—one of five such plants globally. The presentation covered major accomplishments, business planning, production forecasts, operational challenges, and Chevron’s innovative approaches to asset integrity and cost management.

READ MORE!  Lokpobiri pledges government’s support for Renaissance

The EVP commended Chevron’s partnership with local communities, which has enabled the company to sustain its social licence to operate in regions where other international operators have left due to operational challenges. He praised Chevron’s innovative use of technology, particularly the deployment of Unmanned Aerial Vehicles (UAVs) for asset monitoring and encouraged continued collaboration among industry stakeholders.

The high point of the visit was a tour of the Integrated Operations Centre, the Tank Farm, and the EGP facilities. The EVP’s engagement concluded on a positive note, reinforcing Chevron’s commitment to unlocking Nigeria’s energy potential and delivering lasting value to its people.

LEAVE A RESPONSE

Your email address will not be published. Required fields are marked *