Economy
PEARL Gathers Stakeholders to Discuss Oilfield-Scale Problems in Nigeria
By Adedapo Adesanya
Pacegate Energy and Resources Limited (PEARL) has taken its advocacy for increased collaboration in the Nigerian oil and gas sector by engaging stakeholders to discuss and share insights on ways to address oilfield-scale problems, proposing the monitoring of antiscalants as one of the solutions.
At a one-day webinar and seminar themed Scale Inhibitor, Application, and Monitoring, stakeholders shared innovative industry development and supply chain updates, analysed global trends and discussed practical ways to apply and monitor scale inhibitions in the industry.
The event, which was held in partnership with the Canadian Energy Solutions (CES) and Jacam Catalyst, had in attendance Ms Sonia Hukil, Second Secretary (Commercial) & Trade Commissioner at Deputy High Commission of Canada to Nigeria; Mr Dave Horton, Chief Technology Officer CES Energy Solutions; Dallas Disney, Technical Service Director Jacam Catalyst; and Mr Mihir Patel, Supply Chain Director, CES Energy Solutions.
Others were Mr Franklin Oranusih, General Manager Sales and Technical at PEARL; Mr Godwin Ejeh, General Manager Operations at PEARL, and Mr Ayodapo Keshinro, General Manager International Sales at Adipro International Corp amongst others.
It was discussed that scaling represents a major challenge for flow assurance as solid deposits grow over time in oil pipelines, valves, pumps etc. hindering the free flow of fluid with a significant reduction in production rates and equipment damages.
The seminar highlighted the need for stakeholders to discuss the processes of applying and monitoring scale inhibitors to address the industry’s pertinent problems.
Speaking at the hybrid event, Mr Franklin Oranusih, General Manager of Sales and Technical at PEARL said scaling is one of the prevailing sectoral challenges of the Nigerian oil and gas sector that affects the operations.
In his words, “scale formation causes technical problems that lead to equipment damage and economic losses. Preventing it relies on discussing and understanding the composing of the scale, appropriate scale inhibitor, and early pre-treatment. However, the use of chemicals, acting as a scale inhibitor, has significantly proven to be the effective and economical approach to control scale deposition.”
The Second Secretary (Commercial) & Trade Commissioner at Deputy High Commission of Canada to Nigeria, Ms Sonia Hukil also commented on the need for strategic interaction and collaborations to promote the advancement of the Nigerian oil and gas industry.
She said, “Nigeria’s upstream sector contributes significantly to the country’s revenue but also there are commercial opportunities for Canadian companies in both the upstream and downstream sectors and it includes opportunities to provide training, technology, storage equipment and many others”.
Also commenting on the importance of collaboration, the Supply Chain Director at CES Energy Solutions, Mr Mihir Patel said addressing difficult sectoral challenges effectively requires partnerships and sustainability.
“To effectively navigate the supply chain market and ensure business continuity, companies must understand the factors that affect product pricing and the key drivers,” he added.
PEARL is an indigenous local content company that provides fluids and chemical solutions to various industries such as oil & gas, refineries, petrochemical, and transportation sectors of Nigeria’s economy.
The company represents Canadian Energy Solutions (CES), exclusively across Africa. The components of Canadian Energy Solutions are formulated by PEARL in its production facility based in Nigeria and are distributed across the world under the brand name – ADIPRO.
By Modupe Gbadeyanka
The Dangote Refinery located in the Lekki area of Lagos State has been described as a game-changer for Nigeria’s economy because of its significance to the country’s sustainable growth.
This was the view of the Ogun State Chamber of Commerce, Industry, Mines, and Agriculture (OGUNCCIMA) through its president, Mr Niyi Oshiyemi.
“The Dangote Refinery is a game-changer for Nigeria’s economy. With a capacity to refine 650,000 barrels of crude oil daily, it has reduced Nigeria’s reliance on imported petroleum products, conserved foreign exchange, and fortified our energy security.
“This milestone reinforces the critical role the private sector plays in national development,” Mr Oshinyemi said, noting that, “The refinery’s operations have created employment for Nigerians at all levels while fostering technology transfer and skills acquisition. This has strengthened local businesses and equipped them with the tools to compete in domestic and global markets.”
The emphasis on local content has been a cornerstone of Dangote Refinery’s strategy. By sourcing materials locally and partnering with indigenous companies, the refinery has supported the growth of Nigerian enterprises and encouraged investments in infrastructure, engineering, and technology.
The ripple effects of the Dangote Refinery extend beyond the energy sector. Its presence has catalyzed industrialization by attracting investments in related sectors such as petrochemicals, manufacturing, and transportation. This multiplier effect has significantly expanded Nigeria’s industrial base and enhanced the nation’s economic competitiveness.
“This refinery is a shining example of what can be achieved through visionary leadership and investment in strategic sectors. It demonstrates Africa’s potential to compete globally and foster regional integration,” Mr Oshiyemi remarked.
In addition to its economic contributions, Dangote Refinery has maintained a strong commitment to corporate social responsibility. The Dangote Group’s investments in education, healthcare, and infrastructure have improved the quality of life for many Nigerians and strengthened community resilience.
“Dangote Refinery exemplifies the role of private sector enterprises in driving social progress alongside economic development. Its initiatives in healthcare and education are building a brighter future for Nigerians,” the OGUNCCIMA chief noted.
He urged stakeholders across public and private sectors to emulate the Dangote Refinery’s innovative approach to development. By fostering partnerships and investing in transformative projects, Nigeria can achieve sustainable economic growth and reduce its reliance on external resources.
“This refinery stands as a model for what is possible when the private sector leads with vision and commitment. We call on all stakeholders to collaborate and replicate such success stories to build a resilient, self-reliant, and prosperous Nigeria,” Mr Oshiyemi concluded.
By Adedapo Adesanya
The House of Representatives on Wednesday passed the Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) for the next three years (2025-2027).
In passing the MTEF, the lower chamber’s committees on Finance, Petroleum Upstream, and Petroleum Downstream were tasked to investigate reports from the Revenue Mobilization, Allocation, and Fiscal Responsibility Commission (RMAFC) alleging that the Nigerian National Petroleum Company (NNPC) Limited’s withheld N8.48 trillion as claimed subsidies for petrol.
Additionally, the investigation will address the Nigeria Extractive Industries Transparency Initiative (NEITI) report that claimed the NNPC failed to remit $2 billion (N3.6 trillion) in taxes to the federal government.
The committees were further directed to verify the total cumulative amount of unremitted revenue (under-recovery) from the sale of Premium Motor Spirit (PMS) by the NNPC between 2020 and 2023.
Some of the recommendations in the MTEF as adopted by the house are; that the projected oil benchmark prices are $75, $76.2 and $75.3 per barrel in 2025, 2026 and 2027, respectively.
Three-year projections for domestic crude oil production are 2.06 million barrels per day, 2.10 million barrels per day and 2.35 million barrels per day for the subsequent years of 2025, 2026 and 2027.
The country’s economic growth rate forecast, measured by the gross domestic product (GDP) was put at 4.6 per cent, 4.4 per cent and 5.5 per cent for the years 2025, 2026 and 2027, respectively.
By Adedapo Adesanya
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said the price of Premium Motor Spirit, also known as petrol, being sold by the old Port Harcourt Refinery, which resumed production on Tuesday, is N75 per litre higher than that sold by the Dangote Refinery.
This was revealed by the association’s Public Relations Officer, Mr Joseph Obele, during the official reopening ceremony of the refinery, which is now operating at a capacity of 60,000 barrels per day.
Business Post reports that the lifting price of Dangote’s petrol product is N990 per litre. However, the refinery announced a N20 discount on Sunday, which is only available to marketers buying a minimum of 2 million litres of the fuel.
Mr Obele, a former chairman of the Independent Petroleum Marketers Association of Nigeria (IPMAN) at the Port Harcourt Deport who initially applauded the federal government for revitalising the old refinery, expressed concern over the pricing disparity between petrol supplied by the Nigerian National Petroleum Company (NNPC) Limited and the Dangote Refinery.
According to him, while Dangote Refinery sells petrol to marketers at N970 per litre, NNPC’s price stands at N1,045, a difference of N75 per litre.
He said the N75 price differential is a steep margin for businesses, particularly for an industry where profitability hinges on competitive pricing.
However, Mr Obele described the refinery’s restoration as a significant step in reducing Nigeria’s dependence on imported petroleum products.
He revealed that the Group Chief Executive Officer of NNPC Limited, Mr Mele Kyari, has promised to address the issue and harmonise prices to mitigate the impact on marketers and consumers.
The reopening of the Port Harcourt Refinery I is expected to enhance local production capacity and reduce reliance on imports, a move welcomed by stakeholders across the sector.
However, concerns over pricing disparities underscore the need for continuous reforms to stabilise the downstream sector of the petroleum industry.
The reopening has also sparked anticipation for the rehabilitation of other state-owned refineries including the second refinery in Port Harcourt as well as the Warri and Kaduna structures.
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