Huub Stokman,Chief Executive Officer of OVH Energy Marketing Limited,has emphasized that the recent acquisition of his company’s asset would turn it around.
Stockman,in a message to the company’s customers and stakeholders said the strategic move aims to create the leading downstream oil and gas company in Ngeria and West Africa, driven by
operational efficiency, best in class management and optimised physical infrastructure to deliver premium petroleum products and related services to our customers, in line with global standards.
He told the customers that the company’s branded retail service stations wil be rebranded NNPC, improving the retail footprint of the merged entity and enriching supply chain and product avaiability across our different locations.
According to him,the merged entity will build on the existing success of OVH Energy and operate model service outlets leveraging OVH’s extensive asset base and commercial capabilities combined with NNPC brand strength,adding that the company will continue to invest in networks and upgrades to grow the business.
He added:Until the successful integration of the merger, it is business as usual Our business will continue to run effectively, and existing contracts and agreements with you wll remain the same We will ensure to keep you updated on the integration process .These are excitng times for all of us believe our transformation into NNPC Retai Limited wil be beneficial for our business and the nation, whilst presenting a positive opportunity for our people, customers, and wider stakeholders in the region”.
