Folawiyo Petroleum’s use of Century Energy Entrenches Nigerian Content

Folawiyo Petroleum’s use of Century Energy Entrenches Nigerian Content

Yinka Folawiyo Petroleum’s (YFP) engagement of indigenous oil services group, Century Energy Services Limited (CESL), has raised the bar on Nigerian Content development in the streaming of the Aje field, an offshore oil concession which brings Lagos State into the league of oil producing states in the country, ThisDay reports.

Company officials said; “in deploying cost effective operation and maintenance services to the first oil field outside the Niger Delta region , CESL has shown proven competence and capability in offering fit-for-purpose solutions in strategic and technology driven areas such as engineering, fabrication and construction; marine and subsea services; pipeline system, pipeline leak/clamping; operation and maintenance.”

“Consequently, Its age-long strategic partnership with YFP operators of the Aje field facilitated the development of this asset from a mere concept, twenty years ago; to full commercialization in May 2016. With this positive development Aje field is the first oilfield outside the Niger Delta to produce commercial volumes of hydrocarbons, which has helped in no small measure to prove the prospectivity of other frontier basins in Nigeria,” they added.

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