Tuesday 14 January 2014

So, you want to work in the oil & gas industry?

As with any career, are you willing to do what it takes?  This could mean relocating your life/family to another country or by taking a much lower paid position or entry level and working your way up.  If you want to be the better candidate, are you willing to invest in yourself?  If you’re not, why should anyone else.
If you don’t have any work experience within the oil and gas industry another way to gain experience is through education.  There are many Universities, Colleges and Training Providers who offer excellent courses relating to the oil and gas industry.  Visit our  web page  www.bullmate.com for further information.
After maths and English, the most common requirement to work in the oil and gas industry is to hold qualifications in science subjects.  You will also need the desirable skills to match the job type you wish to do.
Working in the oil and gas industry can lead to an exciting variety of career paths.  You need to draw up a list of potential jobs that interest you.  You then need to do some research around the skills and qualifications required.  
Attend networking events and make sure your CV/Resume is up to date.  The more industry related people you meet, the greater your chances are of securing the role you want through them.  First impressions count, so make sure you show them that you are passionate and demonstrate your expertise.
Follow up with your new connections.  Perhaps they asked for your CV/Resume?  You should tailor your CV/Resume to the company and position you are interested in.  Always thank those you meet for the time they took to speak with you – this will also keep you fresh in their minds for any upcoming jobs.

Stable power soon, say Makoju, others

Nigeria will enjoy stable power supply soon as power firms are adopting measures to address the sector’s problems , experts have said. In an interview in Lagos, they raised hopes that things would be over soon.
Joseph Makoju, a former Managing Director of the Power Holding Company of Nigeria (PHCN), said the prospects for fresh investments, new technology and expertise of the new owners represented hope that the power challenges would be over soon.
He said the gains of the reforms would soon be made known to Nigerians, giving the commitment shown by the government and the private investors.
“I believe the future is bright for the sector. I see a lot of opportunities for uninterrupted power supply, capacity building and employment prospects for Nigerians in the long run,”’ he said
He called for patience and understanding from Nigerians as the investors embark rehabilitation, upgrade and deployment of robust infrastructure.

Hope dims on fuel import reduction

With the initial planned privatisation of the nation’s four refineries, many watchers of the downstream sector, involving refining and distribution of petroleum products had expected a significant reduction in fuel importation. UDEME AKPAN reports that the continuous importation will have adverse effect on the economy following President Goodluck Jonathan’s reversal of the policy.
It was the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke that first confirmed that the nation’s four refineries with 445,000 barrels per day, bpd capacity would be privatised this year. In an interview with Bloomberg TV Africa in London last November, She stated, “We would like to see major infrastructural entities such as refineries moving out of government hands into the private sector. Government does not want to be in the business of running major infrastructure entities and we haven’t done a very good job at it over all these years.

How to stop gas flaring, by NLNG

For Nigeria to eliminate gas flaring, the government must put in place adequate security measures for assets and personnel. It must also enforce operational best practices, Senior Business Strategy and Performance Analyst, Nigeria Liquefied and Natural Gas Limited (NLNG), Ezekiel Adesina, said in Lagos.
He said there was need for new partnerships in gas flaring reduction initiatives and commitment by the government to investment, adding that technology is a vital tool in monetising stranded gas and reducing flaring.
The country, he said, would require partnership from foreign investors and also employ public-private partnership (PPP) initiative to achieve both technical capability and financial support for zero flaring.
He said in 2000, gas flaring was 38 per cent in terms of volume while in 2012, it was 11 per cent, which showed that Nigeria has taken off 27 per cent of stranded gas that had been put into utilisation. He said that within the period, a lot of improvement had been made in reducing gas flaring in the country.
He noted that if the right regulatory framework and fiscal policies were put in place, Nigeria would have zero flaring in the next couple of years. Other factors to be considered, he said, include the issue of viability and commerciality of the gas as well as unbundling the value chain in the sector. This, he said, would give room for many players to come into the sector. It would also help to ensure that the stranded gas are captured and commercialised.

FG, IOCs to resume negotiation for 20 year-oil leases renewal

The Federal Government will resume negotiation with Shell, Chevron, Total and Eni (Agip) for the renewal of 20 year oil leases for each of the international oil companies (IOCs) soon, Daily Independent gathered at the weekend.
The newspaper had exclusively reported penultimate Monday, how hope of securing renewal by these oil companies in 2013 was dashed, five years after the expiration of the licenses, noting that the negotiations between government and these four majors have been moved to 2014 after recurrent deadlocks.
A source close to the previous negotiations told our correspondent also at the weekend that the parties are to go back to the negotiation table soon.
“Each of the IOCs you mentioned is meeting separately with the representatives of the government and what we know is that the parties are meeting very soon,” he said.