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lse:sle

#522

from lse…

Experience

Pipelines Consultant/Project Manager
Eroton Exploration and Production Company Limited
Apr 2018 – Present1 year 5 months
Lagos, Nigeria
Eroton E & P is an integrated indigenous Oil and Natural Gas Exploration and Production Company with over 230 staff producing an average of 65,000 bopd and 60MMSCFD of gas.

-Leading investigation into integrity and flow assurance issues on pipelines, flow lines and gas lift lines resulting from pipeline leaks, valve leaks, illegal bunkering tap points and flow line harvesting.
-Project Manager and Focal Person for the subsurface scope of the Buguma Creek Re-entry Project, which involves simulations and collation of data for flow assurance and debottlenecking studies, reviews, wells producibility/comminglability, interventions requirements and opportunities maturation.
-Anchor Person in Projects and Facilities Team accountable for the interfaces and integration required to deliver the $200 million Alternative Crude Oil Evacuation System (ACOES) Project, which involves installation of interconnecting pipelines, in-field dehydration system, export pumps, lease automatic custody transfer units (LACT Units), manifold and pig trap systems, dry crude export bulk line and floating, storage and offloading system (FSO).
-Mapping out strategies and plans for pre-dredged sounding surveys and sweeping/dredging of well slot and access canal prior to carrying out new well drills, workover and well intervention works.
-Preparation of Work Requests, Purchase Orders, RFQs and Service Completion Certificates for various well slot location preparation and sweeping/dredging services.
-Accountable for engineering compliance to codes, regulations and professional best practice.
-Formulating and recommending strategies, budgets and procedures for enterprise wide preventive maintenance and monitoring of equipment and facilities infrastructures at various fields in OML 18.
-Subject Matter Expert for reviewing process piping and civil infrastructures deliverable packages for the $40 million Alakiri DOMGAS Project upgrade (Alakiri Natural Associated Gas).

“-Anchor Person in Projects and Facilities Team accountable for the interfaces and integration required to deliver the $200 million Alternative Crude Oil Evacuation System (ACOES) Project, which involves installation of interconnecting pipelines, in-field dehydration system, export pumps, lease automatic custody transfer units (LACT Units), manifold and pig trap systems, dry crude export bulk line and floating, storage and offloading system (FSO).”


#523

interesting post from lse…

pythonissa
Posts: 9
Price: 36.70
No Opinion
RE: New export facility
Today 00:22
i remember perfectly , junkie. this will be alien to you but i think one just has to use some common sense. my article is from a pan-African online journal specialising in the Energy sector and appears to be written in pretty decent English. the ones your mate Afa was citing on Sun Trust were not ( let’s face it , how would he know?) and the only things they specialised in came in brown envelopes - they were self-evidently ‘commissioned’. it’s really no more difficult than that. by the way i think you guys need to gen up on modern oil pipeline security. judging by your recent comments you appear still to be in the dark ages. unsurprisingly since pipeline terrorism and theft is a global issue in the 21st century, the digital fibre optic systems, which have been developed for immediate intrusion detection and alarm, are highly sophisticated. i think the NCTL will be pumping its last oil soon, which is shocking news for you lot and hence all the background noise. earplugs in, doors to automatic.


#524

“In this regard, we are in deep exploration, which has the potential to accelerate our gas reserves growth. In addition to marginal fields development, third party field development framework, focus on petrochemicals development, pipeline open access, and third-party export terminal development.

He noted that with Crude Oil and LNG Tracking (COLT), DPR is now utilizing Artificial Intelligence satellite-based solution to track the movement of every molecule of hydrocarbon leaving the shores of Nigeria to its final destination, stressing that the movement of every petroleum products cargo in and out of Nigerian territorial waters is also captured by the system.


#525

#526

interesting…sle came into the oml18 deal when oil was $29pb, eroton produce oil at $8/10pb…still a lot of profit to be had!!

http://www.sanleonenergy.com/media/2492545/brandon_hill_capital_-san_leon_energy_flashnote-_oml_18_acquisition_2016_08_26.pdf

" Life of field opex is estimated at US$13/bbl and <US$10/bbl between 2018 and 2021."

BNP Paribas: Oil needs to fall to $9-$10 to compete long-term. A blockbuster new report from BNP Paribas finds that the oil industry faces existential decline from the combination of renewable energy and electric vehicles. The study finds that the energy return on capital invested is 6x-7x times better for solar and wind plus EVs than it is for gasoline. As a result, if gasoline is going to compete with EVs, crude oil would need to fall to $9-$10 in the long run.

https://finance.yahoo.com/news/oil-struggles-markets-rocked-trade-190000512.html


#527

#528

Very interesting!

https://ncdmb.gov.ng/2019/08/ncdmb-notore-explore-investment-opportunities/


#529

News soon eh!!


#530

#531

https://sweetcrudereports.com/benefits-of-nigeria-morocco-gas-pipeline-project/

The PCA will particularly facilitate the establishment of a gas pipeline to supply the product from Nigeria to Morocco and the West African sub-region and further into Europe.

He explained that along the pipeline’s corridor all the way to Morocco and into Europe, there was a huge potential for the development of the West African sub-Continent and part of North Africa.


#532

Award of Site Survey Permit
The Barryroe Partners can now confirm that they have received permission from the Minister of State at the Department of Communications, Climate Action and Environment to undertake a seabed debris clearance, environmental baseline and habitat assessment site survey (the “site survey”) over the area of the Barryroe field within SEL 1/11. Pursuant to the terms of the Updated Farm-out Agreement with APEC (as amended), and subject to the receipt of funding from APEC or alternative financing arrangements being put in place, the site survey is expected to commence later this month

http://www.providenceresources.com/sites/default/files/OPERATIONAL%20UPDATE%20-%20SEL%201-11%20BARRYROE%20-%20AWARD%20OF%20SITE%20SURVEY%20PERMIT_0.pdf


#533

https://sweetcrudereports.com/saudi-arabia-to-cut-export-by-700-000-b-d-from-september/


#534

Partner San Leon Energy has advised that planning has progressed significantly for the installation of a new export pipeline and an FSO to improve production from onshore fields in OML 18.


#535

Extension of Backstop Date

As at close of business on August 12, 2019, no funds had been received in the Company’s account but the Company has received further assurances that the US$ 9 million loan advances due under the Updated FOA are in the process of being paid. Accordingly, the Barryroe Partners have agreed to a backstop extension of on or before August 19, 2019. Should these funds not be received by the revised backstop date and taking into account creditors on the balance sheet and existing forward commitments, including the necessary planned site survey at Barryroe and the proposed business re-engineering, the Company would need to put in place alternative financing arrangements in order to provide it with sufficient working capital beyond the end of August 2019.

Update on Site SurveyOn August 9, 2019, the Barryroe Partners confirmed that they have received permission from the Minister of State at the Department of Communications, Climate Action and Environment to undertake a seabed debris clearance, environmental baseline and habitat assessment site survey (the “site survey”) over the area of the Barryroe field within SEL 1/11. The nominated vessel is currently finishing up current activities in the North Sea prior to the planned mobilization to Barryroe. Pursuant to the terms of the Updated Farm-out Agreement with APEC (as amended), and subject to the receipt of funding from APEC or alternative financing arrangements being put in place, the site survey is expected to commence later this month.


#536

#537

For WTI, oil prices had climbed 4.30% by 12:36pm EDT to trade at $57.29. Brent Crude was trading up even more at 4.70%, at $61.32—resuming its over $60 per barrel that it had fallen under during the first week of August as the trade war stoked fears of souring oil demand growth.


#538

https://sweetcrudereports.com/seplat-advocates-adoption-of-latest-technologies-in-nigerias-oil-sector/


#539

#540

Site SurveyOn August 9, 2019, the Barryroe Partners confirmed that they have received permission from the Minister of State at the Department of Communications, Climate Action and Environment to undertake a seabed debris clearance, environmental baseline and habitat assessment site survey (the “site survey”) over the area of the Barryroe field within SEL 1/11.

Whilst the implementation of the site survey is subject to the receipt of funding from APEC or alternative financing arrangements being put in place, the Company has agreed payment of the contractual mobilization fee to ensure that the contracted vessel can mobilise to Ireland. The nominated vessel is currently finishing up activities in the North Sea prior to its planned mobilization to Ireland, which is expected to occur later this week, with an expected commencement of operations prior to month end


#541