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JULY 2019 VOL. 2 NO. 7 CONTENTS 7 As Valuechain Celebrates 1st Anniversary Cover 4 EDITORIAL AVIATION 42 Head of Boeing 737 Program to INDUSTRY Retire 5 Cement-less Completion Technique of 43 Stakeholders Reject Ethiopian Wells Debuts Airlines’ Plan to Fly Local Routes 31 15 Deepwater leading the way in The Long Wait for Kaduna’s discovered resources COLUMN N15bn Petroleum Institute 44 #BLUEFORSUDAN 17 Why Investors shun Nigeria’s Gas Sector MOTORING 19 Barkindo: When Architect of Declaration of Cooperation (DOC) 46 New Land Rover Defender Got Nod for 3 More Years completes Rough Testing in Africa ahead of World Premiere 22 NNPC GMD HANDOVER: From Baru to Kyari: Roll-Call of Who-Is- Who PROPERTY 50 Housing Regulations, Enabling 36 JULY Short TAKES Policies captured in current Legislative Agenda — Senate 38 The Highs of Nigeria Oil & Gas President Conference (NOG) 2019 27 SPORTS Star of the Industry Idahosa Wells Okunbo (JP) 52 Algeria crowned AFCON Chairman, Ocean Marine Champions, Beat Senegal 1-0 Solutions great philosopher once ceived during our anniversary said, “A journey of a celebration on July 10th, 2019 Athousand miles, starts in Abuja was very encourag- with one step.” For us at the ing, and it really strengthened Valuechain magazine, that our resolve to aim higher. For step started on July 10th, the benefi t of those of you 2018. That unforgettable day that were not able to attend was the day we came into the ceremony, we’ve decid- being as the foremost oil and ed to bring the event to your gas publication in the country doorstep so that the celebra- that has its root in northern tion will continue. na Petroleum Institute that Nigeria. At the starting point, Also in this summer edi- has been on construction for we knew that our terrain tion, our cover story brings more than 10 years now. The would be rough and hostile, you a situation report on the report tries to answer ques- we knew we would be reject- abandoned N15 billion Kadu- tions such as; who is in charge ed by the heavily discrimina- of the construction, what level tory market, especially the of development has been at- private sector arm of the In- tained and what is stopping dustry, which is mostly coast- the project from completion? al based. We knew from the Interesting Industry sto- onset that we had to earn the Publisher/Editor-in-Chief ries such as a recent break- Musa Bashir Usman respect of the industry in or- through of a cement-less der to thrive. That was why we Acting Editor technique of sealing oil wall; Benjamin Ike set for ourselves a very ambi- How Deepwater is leading the tious target from the begin- Acting Deputy Editor way in the global convention- Fred Ojiegbe ning, that eventhough we are al oil discoveries, and a look at a local magazine in the most Contributors “why Investors are shunning populous country in Africa, we Gideon Osaka Ironhand S. Chukwuemeka Nigeria’s Gas sector despite have to aim at a standard that Aisha Sambo its potentials. is international. The quality of David Chukwu This and many more stories our content must be appeal- Graphic Consultant from Aviation, Sports, Motor- Theresa Ogbonna ing. The aesthetic look of our ing and the rest are packaged hardcopy must be attractive Business Dev. Executives in this edition for your reading Adeniyi Onifade (South) and above all, we have to at Abdulkarim Sani (North) pleasure. any moment of time avoid the Zakari Abdulkadir (S/South) Have a nice time reading! temptation of falling into ‘yel- Circulation Manager low journalism’. We are glad Danlami Nasir Isah MB. Usman that in our one year of oper- NB. Feel free to send in your views Online Editor and have your say @ ation, we were able to adhere Saidu Abubakar [email protected] to these targets. The outpour- Photo Editor ing of commendations we re- Bashir Bello Dollars 1-2 Abu-Rayyan Street, New NDC Layout, Kaduna. Tel: 08077201571, Abuja: 07089626420, Lagos: 08036840121. email: [email protected] www.thevaluechainng.com [email protected] @thevaluechainng.com thevaluechainng.com 4 Industry 07:19 Cement-less Completion Technique of Wells Debuts Traditional Cement may no longer be used in Sealing Wells in the Oil Industry. –By Gideon osaka his is coming on the heels between the liner/casing and the tion department led by Guillaume of the fact that the industry open hole which is incredibly ben- Viger worked with Welltec to devel- Thas witnessed a remarkable efi cial in highly-layered reservoirs op the technology. The simplicity innovation as Welltec, a well in- of varying permeability where se- of the WAI enabled us to success- tervention and well constructions lective production, water shut-off fully deploy the technology the solutions company and Total Ex- or stimulation is needed. The WAI fi rst time without operational is- ploration and Production Com- has eradicated several operational sues. We delivered a step change pany announced the fi rst deploy- risks that are associated with the improvement in our well construc- ment of a completely cement-less cementing process in depleted and tion record and plan to deploy the completion in the Republic of Con- over-pressured reservoirs. “Total WAI in subsequent wells, espe- go during 2019’s second quarter. E&P Congo has utilized innovative cially those identifi ed as high-risk,” Welltec, in the fi rst quarter of 2017, technologies and methods to con- Bouget added. deployed the Welltec Annular Bar- tinually improve the drilling curve “The WAI technology will, with- rier (WAB) in the Moho North Ara- on the Moho North Albian fi eld de- out doubt, transform how future bian Field. The company used velopment project. We were early wells are constructed in the indus- this knowledge and experience, adopters of Welltec’s WAB technol- try. We are proud of this collab- together with Total E&P Togo, to ogy which has assisted in ensuring oration with Total E&P Congo to expand Metal Expandable Annular zonal isolation and annular sealing demonstrate our ability to deploy Sealing technology by deploying (liner to formation) during the de- game-changing innovation that what is said to be the world’s fi rst velopment of our major oil project can simplify, eliminate risks and cement-less completion, using the in the Republic of Congo. The WAI enhance operational effi ciency. Welltec Annular Isolation (WAI) was deployed as part of the global This world-fi rst deployment of the in open hole. The WAI is said to effi ciency drive to reduce drilling WAI technology is very important employ simple metal expandable expenditure whilst maintaining the as we progress our mission to de- packers to provide long length benefi cial productivity index in this velop and deliver ground-breaking open hole zonal isolation in order highly heterogeneous carbonate solutions which enable our client to replace the functions of tradi- fi eld,” said Ronan Bouget, Drilling to optimize the management and tional cement. This has led to im- and Completions Manager of Total development of their assets,” said portant gains in effi ciency in the E&P Congo. ‘Gbenga Onadeko, Senior Vice well construction process. The “our Albian Asset team led by President of Welltec Africa. WAI reduces free annulus space Manfred Bledou and the comple- 5 Industry 07:19 AsAs ValuechainValuechain CelebratesCelebrates 1st1st AnniversaryAnniversary –By Benjamine Ike istory was made Sickle Cell Foundation. Executive Secretary, Petro- Wednesday July 10, The event which took place leum Equalization Fund, Alhaji H2019 in the ever fledgling at the Fraser Suites located in Ahmed A. Bobboi, former Dep- capital city of Abuja when Val- the central business district uty Managing Director of Nige- uechain, an Oil and Gas related (CBD) attracted the creme de ria LNG, Alhaji Basheer Koko, magazine celebrated the first la creme of the oil and gas former Managing Director of anniversary of the publication sector and the society in gen- Eterna Oil, Mr. Ibrahim Boyi, with Awards and launch of a eral among whom were the Managing Director of Daily 7 Industry 07:19 Glamorous award plaques beautifully arranged before the presentation Times Newspapers, Mr. Aliyu Usman said the theme was leum Industry Bill (PIB), are crit- Akoshile, member represent- deliberately chosen to x-ray the ical to the development of the ing Keana/Awe/Doma Federal performance of the first term Oil and Gas Industry. constituency, Hon. Abubakar of President Muhammadu Bu- “We call on the stakeholders Hassan Nalaraba, among oth- hari’s administration; in the oil involved, particularly the Exec- ers. and gas sector. utive and the National Assem- The proceedings got under- According to him “while bly, to ensure speedy passage way about 1500hrs with a ren- we acknowledge the various of the PIB and put measures in dition of the national anthem achievements made by this ad- place that will make our local ably delivered by Vicky Makun, ministration in the Oil and Gas refineries work.” closely followed after the rit- Industry, in their first term in of- While commending the new uals by a welcome address fice, however, it is important to Group Managing Director of the by the publisher, Alhaji Musa point out that the two sensitive NNPC, Mallam Mele Kolo Kyari Bashir Usman. Entitled the Ni- aspects of the Industry are yet for admitting, in his inaugural gerian Oil and Gas Industry in to receive deserved attention. speech that the nation’s Oil and the last four years: Achieve- “The aspects which are Gas Industry isn’t at the place ments, Gaps and Prospects, namely Refineries and Petro- it’s supposed to be, the publish- In his goodwill message to the event, the Secre- tary-General of the Organization of the Petroleum Ex- porting Countries (OPEC), H.E.