Media Center

Media Center

Media Centre

Pioneering Alternative Crude Evacuation, the Nestoil Way

Oil companies have for the past 45 years been battling cases of theft, technical challenges in the use of the 200km-long Trans Forcados Pipeline in transporting crude oil to the Forcados Oil Terminal which always witnessed frequent shutdowns due to vandalism and oil theft. This has made a number of oil producers unable to meet export targets, as some of the crudes are stolen. How was Nestoil able to pioneer a solution to the industry challenge?

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Collaboration will grow local oil firms into regional powerhouses

Nestoil Limited has proffered ways to transform local oil companies in the country into regional powerhouses capable of developing the economies of the West African region to the whole of Africa.
Group Managing Director, Dr. Ernest Azudialu-Obiejesi said collaboration among the oil companies will open them up to a lot of opportunities springing up across the new frontiers in the industry.

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Nestoil Receives Latest Certification in Quality Management Systems

Nestoil Limited and its sister companies, B&Q and Impac today received the latest certification for Quality Management System, the ISO 9001:2015.
The certification was issued by Germany-based DQS, a leading certification body. This certification officially confirms that Nestoil, B&Q, and Impac have put people, processes and systems in place to ensure quality delivery of products and services to customers and clients.
Nestoil is among the first set of companies to successfully transit from the earlier certification of ISO 9001:2008 to ISO 9001:2015.

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Nestoil GMD, Dr. Ernest Azudialu-Obiejesi Calls for Bolder Initiatives to Boost the Domestic Gas Supply Market

The Group Managing Director of Nestoil Limited and Dr Ernest Obiejesi says the Power sector holds the key to stimulating growth in the domestic market. Dr Obiejesi was speaking at the 4th Nigeria Gas Conference which held in Abuja. The Nestoil boss said the gas supply industry in Nigeria will experience a boom if the liquidity issues in the power sector were fixed.

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Vandalism makes Alternative Evacuation Indispensable

In the last 45 years, oil producing companies have used the 200km-long Trans Forcados Pipeline in transporting crude oil to the Forcados Oil Terminal. However, frequent shut downs due to vandalism and oil theft as well as technical challenges on the TFP have made a number of producers to be unable to meet export targets, as some of the crude are even stolen. Alternative Evacuation System is the latest proprietary way to address the huge challenge. Ifeanyi Ezuka, the Chief Technical Officer, Neconde Energy Limited, a subsidiary of Nestoil Group, in this interview with the Head, Energy & Solid Minerals Desk, STANLEY OPARA, says the innovation is a welcome development

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