Business Day: "Nigerians Can Actually Manage Oil, Gas Assets"

In 2003 the Department of Petroleum Resources, DPR, awarded the Oil Mining Lease for Uquo marginal field located in OML 13, onshore Akwa Ibom Sate. The oil asset, acquired by Frontier Oil, was among 23 others as part of the Federal Government’s Marginal Field Programme meant to boost Nigeria’s crude oil production, reserves addition, employment generation and above all, indigenous participation in the oil and gas industry.

The Uquo field and upstream development is an unincorporated joint venture between Frontier Oil (60 percent) and Seven Energy (40 percent).

Uquo marginal field prides itself as a 100 percent indigenous oil and gas asset. “In terms of operating the plant itself, we are also proud to say that we have various experienced hands. What we have been able to do is to tell the whole world that Nigerians can actually manage these assets. We do not have a single expatriate on site. Nigerians are capable of delivering effective results from oil and gas plant and that is what we have been able to achieve”, said Wole Adefila, Operations Director, Frontier Oil Limited during a facility tour to the company’s oil and gas fields in Eket, Akwa-Ibom State.

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