MIDWESTERN Q1 & Q2 2019 NEWSLETTER MIDWESTERNQUARTERLY update 19 | Page 14

ARTICLES 40,000 barrels crude oil storage tanks developed with Local expertise Newly commissioned 2 x 40,000 barrels crude oil storage tanks executed with 99% Nigerian expertise – Head of Project E ngr. Peter Idowu, Head of Project, Midwestern Oil and Gas was interviewed by the Midwestern Oil and Gas’ Newsletter Assistant Editor (Engr Duke Onojuvwevwo) during the 27th COREN Assembly held in Abuja from 6th to 8th August 2018. The theme of the engineering assembly was The Nigerian Built Industry: Building a Sustainable Structure with Allied Professionals. Engr. Peter Idowu spoke on how engineering plays a key role in achieving the objectives of Midwestern Oil and Gas especially through the Project Department. He also gave insights into projects that the company is planning to implement soon. 14 Excerpts: The theme of the COREN assembly “Building a Sustainable Structure with Allied Professionals” is an interesting one that simulates the system that Midwestern has test run successfully over the years. As you may be aware, the engineering and projects department are one of the key drivers of our business as an oil and gas com- pany. Apart from the geologists that locate the oil, most other accomplishments are project driven by engineers. Midwestern is a clear example of the success of the local content policy, since the company itself is a creation of the local content policy based on the marginal field bid round of 2003 aimed wholly at indigenous companies. It is key to note that Midwestern is run wholly by Nigeri- ans, and also in terms of service providers, the company, from an engineering point of view basically deploys almost 99% of its services to purely Nigerian companies. The two 40,000 barrels storage tanks that was newly commissioned is a case in point, where only less than one percentage of the job (only the automation) was done by non-Nigerians. Due to decline in production, the company is looking at gas-lifting as a secondary recovery method to provide pressure support. The company is also looking into a mini modular refinery to process some of its oil into finished goods. The company is also considering implementing gas utilization plans by way of an LPG plant, these are the main projects the company is planning to undertake soon apart from recovery optimization projects that keep the company going. Implementation of all of these is planned through local vendors as much as the skills are available. Nigeria is in order to achieve the right objectives, if the right strategies are developed which integrates the con- tribution of relevant teams of discipline specialists who together harness value to produce the required solutions or results. The success of engineers of Nigerian nationality is elaborated by our success in running indigenous oil and gas companies profitably without expatriates, despite the fall in oil price and the generally difficult economic situa- tion. This shows that there should be no barriers to Nigeri- ans running Nigeria successfully. The infrastructural deficit such as lack of bridges, power and adequate roads needs not exist if various engineering disciplines are applied to the task especially within a Public Private Partnership framework. The use of home-grown experts also enables the delivery of better solutions. Collaboration and team work are key elements to get- ting the best value from various disciplines and experts especially if we allocate jobs to local companies who we identify as being capable. The performance of Nigerian Engineers in project delivery is satisfactory although there is always room for growth and acquisition of additional skills. To close the gaps, we must continue to encourage training and on-the-job exposure, so that local compa- nies and national engineers will grow their expertise as