BusinessDay 28 Feb 2018

Wednesday 28 February 2018
06 BUSINESS DAY
C002D5556
WEST AFRICA
ENERGY intelligence
Brief
TOTAL Nigeria presents Starter Packs
to graduands of its 2016/17 Skills
Acquisition Beneficiaries
Total Nigeria has
presented Starter
Packs to 2016/17
Skiils Acquisition
beneficiaries in Koko,
Delta State.
During the presentation
event, Jean-Philippe
Torres, managing director,
TOTAL Nigeria PLC
said that building strong
partnerships for sustainable
development is part
of Total Nigeria Plc’s corporate
philosophy and
one that is central to all
our decision making processes.
“Our societal approach
to corporate social responsibility
aims at building
strong relationships
with our stakeholders
through structured and
constructive dialogue,
and addressing the identified
need areas from our
shared perspectives. This
helps us to better understand
our stakeholders’
expectations, and where
legitimate, meet them”,
said Torres.
Torres said that capacity
building provides more
sustainable contribution
to economic and social
development of people
and communities, than
support to investments or
running cost.
The Total Skills Acquisition
Program is
a sustainable youth
development scheme
were less privileged
youths of our host communities
are trained
in vocations of their
choice which include
Welding & Fabrication,
Furniture Making, Hair
Dressing, Fashion & Designing,
Fish farming,
Computer Studies.
Graduands of the
program undergo a
screening and pre-selection
process prior to
their placements in certified
training centers.
Training materials and
allowances are provided
for them and their trainers
to ensure they are
well equipped with the
necessary learning tools
throughout the duration
of their training.
Upon completion of the
training, which usually
spans one year, Total
Nigeria Plc fully establishes
these youths in
their various vocational
fields by providing them
with tools and resources
by way of Starter packs
being presented here
today.
Albert Mabuyaku (Corporate Affairs Manager) and Chinwe
Ifechigha (Corporate Social Responsibilty Manager) of Total
Nigeria Plc present Starter Packs for the Skills Acquisition
Program in Koko, Delta State.
finance people
appointments
Sea Trucks Group debunks WAV allegation
Sea Trucks Group
(STG) have debunked
recent
media reports
alleging that
expatriates brought on
board to manage West
African Ventures (WAV),
a Nigerian company providing
offshore engineering
services, have allegedly
conspired to hijack the
business from its owner.
STG in a public statement
stated that WAV has
undertaken an untruthful
press campaign to dispute
this position adding that
the STG and its subsidiaries
are the legal owners of
33 vessels that has been
subject of dispute. The
vessels; Jascon (“J”) Vessels
J2, J3, J8, J9, J12, J23,
J24, J26, J27, J30, J33, J39,
J40, J45, J51, J52, J53, J55,
J57, J60, J61, J62, J63, J64,
J65, J67, J68, J69, and Walvis
1, Walvis 5 and Maro,
are all located in Nigeria.
“Most if not all of the
Vessels are subject to
mortgages which Sea
Trucks granted in 2013 in
return for a US$575 mil-
GE & Marinus Energy to build first-of-itskind
waste gas to power plant in Ghana
As developing
countries embrace
innovation
that will guarantee
faster solutions to energy
challenges, GE Power
and Marinus Energy announced
a pilot project
to capture Isopentane gas
and use it as a fuel source
for generating electricity.
The Atuabo Waste
to Power Independent
Power Project will be the
first TM2500 power plant
in Sub-Saharan Africa to
use Isopentane gas as a
fuel source and will run
on GE’s latest TM2500 gas
turbines. This Isopentane
gas would otherwise have
been flared.
“Not only is the Atuabo
waste to power plant
enabling our company
to lead in innovative en-
lion loan. STG is beneficially
owned by Jacques
Roomans. Despite recent
allegations that he has
unduly influenced by employees,
Roomans had legal
and practical control
of Sea Trucks at the time
it entered into the Loan,
and at the time it went
into default.
In December 2016 as
a consequence of the default
and concerns over
improper governance,
Roomans and his partner
ergy solutions in Ghana,
but by using a fuel source
which would otherwise
have been flared as waste,
we are further reducing
emissions and costs,” said
Mr. Fred Asamany, Strategic
Advisor, Marinus Energy.
“This is good for our
were removed as directors
of STG. In May 2017
STG entered liquidation
following attempts by
Roomans to undermine
Sea Truck’s business.
Since then Roomans has
had no direct involvement
at all”, the company
stated.
The statement further
went on to state that
“Roomans also owns and
controls WAV. WAV is not
part of Sea Trucks as has
been reported, but a sis-
business, the climate and
eliminates the potential
environmental hazards
facing the local community.
GE is offering an innovative
solution which
gives us the confidence to
move from pilot to commercial
operations” he
ter company by virtue
of common ownership.
Historically, WAV operated
the Vessels (except
J30), under various charter
agreements with Sea
Trucks.
WAV’s refusal to comply
with the terms of these
charter agreements led
the relevant Sea Trucks
vessel owning companies
to terminate the agreements
in October 2017.
WAV thus continues to
illegally hold and utillise
the Vessels (including the
J30) which rightfully belong
to Sea Trucks”.
STG stated that “there
is no foreign conspiracy,
as WAV alleges, to rob
WAV of its assets or render
people unemployed.
WAV does not own the
Vessels, and upon recovery
Sea Trucks will ensure
that the Vessels will be
available to service the
needs of the Nigerian Oil
and Gas industry under
the management of indigenous
Nigerian operators,
safeguarding Nigerian interests
and employment”.
said.
In the first phase, Atuabo
will convert the Isopentane
fuel into up to 25
megawatts (MW) of power,
generating enough electricity
to supply power for
more than 100,000 Ghanaian
households. As additional
gas is brought onshore,
the plant is expected
to add on additional gas
generating units up to a
capacity of 100 MW. Additional
Isopentane fuel will
eventually be stripped off
an offshore gas supply and
processed at Atuabo by the
Ghana National Gas Company.
The gas turbine will
start on lean gas and transfer
to the Isopentane mix
over time, and the power
plant is intended to operate
at base load throughout
its life.