Home Business NNPC names Consortium members for rehabilitation of pipelines across Nigeria amid controversy

NNPC names Consortium members for rehabilitation of pipelines across Nigeria amid controversy

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Oil workers at a pipeline rehabilitation point/PHOTO: naija247news
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MON, OCT 09 2023-theGBJournal|The Nigerian National Petroleum Company Limited (NNPC) Sunday published the composition of Consortium members per lot for the rehabilitation of pipelines across the country, amid allegation of underhand dealings in the award of contracts for the pipelines rehabilitation.

The NNPC dismissed the allegation it said emanated from an ”isolated section of the media” as ”fallacious and designed to bring the good name of the Company into disrepute.”

The state oil company noted that it subjected the selection process to a competitive tender guided by Bureau of Public Procurement (BPP) standards, Infrastructure Concession Regulatory Commission expertise, and the active involvement of a Transaction Advisor.

”We also had representations from NEITI and the Ministry of Justice in the project development team and the evaluation exercise,” NNPC added.

Consortium members per lot spread across Nigeria named are:

LOT 1: Oilserve Ltd, Chu Kong Steel Pipe Group Company Ltd, Saudi Crown Oilserve

LOT 2: MacReady Oil and Gas Services, COBRA Instalicios S.A, Control Y Montajes Industriales & International De Pipelines, Iron Products Industries Ltd, Batelitwin Global Services Ltd, Bauen Empresa Constructora SAU, Sanderton Energy Ltd, The Spanish National Association of Manufacturers

LOT 3: A A Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, VAE Controls S.R.O

LOT 4: MRS Oil and Gas, CPPE Nigeria Ltd

”It is imperative to emphasise that these contracts are Build, Operate and Transfer agreements, and selected partners are to finance the rehabilitation and do not entail the transfer of control of these assets to any particular company.

Our objective is to enhance the integrity and functionality of the pipelines to facilitate the efficient transportation of crude oil to refineries and the distribution of its products across the country,” NNPC said in a statement in response to the allegation.

According to the NNPC, the ownership of these strategic national assets remains with NNPC Limited, and ”we are fully committed to ensuring their continued operation in the interest of over 200 million Nigerians.”

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