HEOSL Support’s FG’s Investment Drive In Gas Sector

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1 year ago
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Mohammed Shosanya

Heritage Energy Operational Services Limited (HEOSL), has pledged his commitment to support Nigerian Government’s efforts to improve investments in the gas value chain.

Ado Oseragbaje, its Chief Executive Officer, disclosed this at a panel session during the 2023 annual strategic international conference of the Association of Energy Correspondents of Nigeria (NAEC),which held in Lagos last week.

He was represented at the event by Sola Adebawo, General Manager, Government, Joint Venture and External Relations

He said:“In keeping with the global energy transition and the need for cleaner sources of energy, HEOSL views gas as an important immediate transition fuel to lower the Nation’s carbon emission footprint in line with our climate change commitment, and is working with OML 30 JV partners to sanction a gas monetization project.”

He revealed that women constitute over forty percent of his top leadership team.

“We are a non-discriminatory Company that provides career opportunities and an inclusive environment for competent and committed individuals of both sexes to be and give their best,” he said.

He added that HEOSL is the operator of OML 30 Joint Venture between the NNPC Exploration and Production Limited (NEPL) and Shoreline Natural Resources Limited (SNRL), a prolific asset with huge potentials for contributing to the nation’s daily oil and gas output.

The one-day conference exhaustively discussed how best to overcome the headwinds confronting investors in Nigeria’s Energy Transition and necessary steps to motivation foreign direct investment into the oil and gas industry.

Also speaking were experienced industry value chain stakeholders including regulators, operators as well as off-takers. Notable among them were :Austin Avuru, Executive Chairman, AA Holdings; Akachi Nwokedi, President, Nigerian Gas Association; Profesor Omowumi O. Iledare, Professor of Petroleum Economics and Policy Research and the Director of Energy Information Division of the Center for Energy Studies; Mrs. Audrey Ezeigbo, MD/CEO Falcon Group; Abel Nsa, Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and others.

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