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GASCO June 2014: 'Building Talent'

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GASCO June 2014: 'Building Talent' The Corporate Quarterly Journal of The National Gas Company of Trinidad and Tobago Limited Volume 25, No. 1, June 2014 BUILDING TALENT– HR Programmes Launch New Opportunities Page 16 GROWING tHe BusiNess–Page 4 New Acquisitions Apply now for NGC’s Business Upstream Development (BUD) Graduate Internship Programme 2014. The National Gas Company of Trinidad & Tobago Limited (NGC) is offering graduate internship opportunities to nationals of Trinidad & Tobago through its Business Upstream Development (BUD) Graduate Internship Programme.This career development programme is designed for budding young professionals, who have recently graduated from recognised and accredited universities and tertiary education institutions, with degrees that are relevant to the Company’s business. The BUD programme will provide recent university graduates with an opportunity to experience business in the energy sector with a view to ensuring that the consistent growth and sustainability of potential talent is available to feed the industry’s current and future needs. It is a two-year internship programme and trainees may be retained by NGC subject to organizational needs. Selection Criteria: Preference will be given to Graduates from A Bachelor’s degree, preferably an Upper Second Class the following disciplines: Honours or higher from a recognised university. • Chemical Engineering • Process Engineering Applicants should not be older than twenty-five (25) years • Civil Engineering of age and should have graduated within two (2) years of • Electrical Engineering the scheduled start of the internship programme. • Mechanical Engineering • Marine Engineering • Human Resources, Psychology, Sociology • Communications • Economics • Information Technology To apply online and to receive further information, please visit: www.ngc.co.tt Closing date for receipt of applications is 30th April 2014. CONTENTS Volume 25, No. 1 • June 2014 PReSidenT’S MeSSage • Taking Our Place on the World Stage 3 Produced by The National Gas Company of Trinidad and Tobago Limited (NGC) BUSINESS DEVELOPMENT Orinoco Drive • Growing the Business 4 Point Lisas Industrial Estate, Couva Republic of Trinidad and Tobago • S&P Credit Rating of A- for NGC 7 West Indies • NGC Signs Agreement with China 7 • The Need for a Transshipment Port Managing Editor and Dry Dock at Brighton, La Brea 8 Christine Punnett, Head, External Communications, NGC Sub-editor COMMUNITY Coretta-lee Clifford, Public Relations Officer, External • Beyond the Boundary 11 Communications, NGC Contributing Writers OUR HUMAN RESOURCE • Marleen Lord-Lewis, VP Operations, National Energy • Building Talent 16 • John Jones, Manager, Business and Technical Support, Operations, National Energy • Thérèse Lee, Graduate Trainee, Business and SAFETY Technical Support, Operations, National Energy • The NGC Eco-Phoenix Club 18 • Antonia Lucky, Corporate Lead, Environment, Health and Safety, NGC Photography NGC NEWS NGC Archives • Nigerian Study Tour of T&T 22 • NGC & UWI partner for Research Expo 23 Artwork The Art Bank Limited NATIONAL ENERGY NEWS Print • New Brand for National Energy 24 Scrip-J Printers Ltd • New Vessels Commissioned 24 Please address all correspondence to • Investing in the future: Rewards for GASCO News Engineering students 25 c/o NGC External Communications P.O. Box 1127, Port of Spain LABIDCO NEWS Tel: 868-636-4662,4680 Fax: 868-679-2384 • Stakeholder Engagement 26 Email: [email protected] Website: www.ngc.co.tt © 2014 Material in this publication, with the exception of photography, may be reproduced once credit is given to GASCO News. PRESIDENT’s MessAGE TAKING OUR PLACE ON THE WORLD STAGE The late American poet and activist, Maya Angelou, often spoke of her mission in life as “not merely to survive, but to thrive.” Over the decades, the National Gas Company of Trinidad and Tobago Limited (NGC) has certainly thrived in a locally and internationally challenging arena, holding true to a vision of becoming a valued partner in the global energy business. ince our humble beginnings in of these include: NGC’s increase in our skilled staff - over 800 dedicated 1975, NGC’s business has grown existing equity by the purchase of professionals who are passionate about exponentially and currently has ConocoPhillips’ 39% shareholding in their work. In this issue, you will an asset base of TT$41 billion Phoenix Park Gas Processors Limited meet some of these leaders and learn Sand a Standard & Poor’s (S&P) credit (PPGPL), a company which has earned more about NGC’s social responsibility rating of A-. Its expanded portfolio a reputation for strong financial initiatives in the arts, education, allows the Group to self-fund several performance, operating efficiency science, sport and the environment. major capital projects while remaining and safety, as well as the French profitable even in periods of weak energy giant Total’s assets in T&T. At the awards ceremony for the commodity prices. The Company Internationally, NGC has also provided exceedingly popular NGC Bocas Literary also owns, maintains and operates an technical services to Tanzania, and Festival, the novelist and overall onshore/offshore pipeline network of in 2012 NGC, National Energy and winner, Robert Antoni, lauded the prize approximately 1,000 km, and over the the Tanzania Petroleum Development as “wonderful” and “necessary” stating years has developed sites, port and Company signed a Memorandum of that “it is up to us in the Caribbean to marine infrastructure and services. Understanding (MoU) for co-operation decide who we are, to take a place on between both countries’ energy the world stage”—a challenge that NGC There is a definite need to continue sectors. In 2013, NGC also submitted has already accepted. to diversify and grow the business a bid for a multi-product pipeline during this Golden Age of opportunity, between Uganda and Kenya. There We hope that you enjoy this issue and when world demand for natural gas is has also been careful, strategic share your thoughts with us as we expected to surpass many other forms consideration of opportunities in Costa move forward. It is going to be an of energy. China will take the lead as Rica, Ghana, Panama, and the USA. historic, rewarding and remarkable it is expected to experience the largest ride. increase in demand. NGC will also continue to develop downstream opportunities with the NGC’s new strategic focus, which provision of Compressed Natural Gas is aligned with that of our national (CNG) for transportation, and the agenda, will capitalise on increased supply of gas to the light industrial INdAR MAHARAJ world demand for not only natural gas, and commercial sectors on the islands. President, NGC but technical expertise. These strategic investments in the energy sector at home and abroad Although NGC is significantly will ensure the Company and nation’s diversified, with gas providing less continued growth. than half of its revenue, the Company has dramatically broadened its core We can all agree that the continued business of natural gas marketing economic success of Trinidad and and transportation with recent key Tobago is inextricably linked to the acquisitions which have been steered energy sector. Our Company’s success by our Commercial Department. Some is a reality, principally because of 3 GASCO News / JuNE 2014 BuSINESS dEVELOPMENT GROWING THE BUSINESS NGC’s recent business acquisitions look to local upstream and downstream sectors as well as global energy giants. How has this new business strategy helped to strengthen the Company and what’s next? NGC’s Acquisition of Total’s Upstream Assets Signing Ceremony: NGC’s Chairman Roop Chan Chadeesingh; Minister of Energy and Energy Affairs, Senator the Honourable Kevin Ramnarine; Total’s Project Director, Juan Marcos Braga and NGC’s President, Indar Maharaj. cquisition is one of the strategies its business model. Instituted in August is desired. The question now for NGC utilised by companies to achieve 1975, this model concentrated on the becomes one of capital efficiency and Agrowth. purchase, transportation and sale of growth,” explained The Honourable natural gas from the former Amoco’s Minister of Energy and Energy Affairs, Other strategies include diversification, East Coast fields to the Trinidad and Kevin Ramnarine. He further indicated divestment and internal growth or Tobago Electricity Commission (T&TEC), that with its strong asset base, NGC combinations of these stratagems. In which has since evolved significantly. has “the seed to begin to diversify 2013, as a valued player in our nation’s the economy and diversify the energy natural gas-based energy industry, “The existing NGC business model, sector. The vision for NGC has to be an the National Gas Company (NGC) was which has worked well, will however expansionist vision that takes it out of mandated by the Government to relook not provide the accelerated growth that T&T.” 4 BuSINESS dEVELOPMENT Expanding beyond the core exploration and production assets for E&P business earnings within Trinidad US$473 million. The transaction was and Tobago, using them to further This translates to a new direction and a finalised on 30th September 2013, with develop the local energy sector and, dramatic broadening of NGC’s horizons economic benefit from 1st January by extension, the nation. beyond its traditional business of natural 2012. The acquisition included Total gas marketing and transportation. In E&P Trinidad BV and Elf Exploration The continued successful execution of keeping with this mandate, one of Trinidad BV, two of Total’s subsidiaries the new business model will require the key strategic acquisitions involved that comprise a 30 % working interest becoming more involved in both NGC’s purchase of ConocoPhillips’ in Block 2(c) and 8.5 % in Block the upstream and the downstream 39% shareholding in Phoenix Park Gas sectors and to start looking outside of Processors Limited (PPGPL), a company Trinidad and Tobago for opportunities which has earned a reputation for strong “The continued to invest in the energy sector. financial performance and operating successful execution This may well necessitate further efficiency and safety.
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