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17 oil and gas companies in Lagos

The oil and gas companies in Lagos, Nigeria, should give a lot of jobs in Lagos, but instead, it gives a lot of problems.

Oil and gas companies

Oil and gas companies in Lagos

In this country, the refining motorists very often remain without any gasoline at all. There is long kilometer queue; transport stops in the streets to get to the gas stations. Only some ‘shady’ people sell fuel ten times more expensive than any oil company sell it. This country produces 2 million barrels per day and supplies 8% of US market total consumption of oil.

Lagos, the economic center of Nigeria, which is a country with a population of 108 million people, is the largest metropolis by the population of black Africa. As a result of the collapse of the public service system, its inhabitants try to save leaving. There are allegedly planned, but essentially anarchic, privatization spanned transportation, education, health, communications, electricity, but the city continues to grow in an atmosphere of violence. Bullies harass passengers of old, broken taxi. Only occasionally there are police or military to using batons to clear the roadway from its vendors filled with the newspapers in Nigeria.

gas companies

Oil and gas companies in Lagos

READ ALSO: Oil price rises as OPEC sticks to output pledges

During the oil boom, which happened in the 70s Nigeria seemed extremely promising. Then, its GDP per capita was about thousand dollars, and Nigerian had a standard of living not inferior that time standard of living in Taiwan. Nowadays, our country occupies the 13th place in the list of the poorest countries in the whole world, and the rate of GDP per capita does not exceed $ 200 per year. According to the American magazine Newsweek, the impoverishment of the country is mainly the result of the military plundering billions of petrodollars. Last year, the sale of oil in Nigeria has brought $ 8 billion, which accounted 90% of its foreign exchange earnings.

Now a chic district of Lagos – Victoria, where the offices of multinational corporations and embassies are located, seems an illusion. Oceanside Beach Bar would be a nice beach, but it’s all littered with debris. The city has grown immensely due to the oil boom. For 30 years its population has increased by 10 times. Lagos mosaic is full of contradictions and contrasts, an incredible mix of modernity and tradition.

Oil companies in Lagos

Oil and gas companies in Lagos

In the former capital of Nigeria, the beggarly areas coexist with fashionable ones. It could be called an African Venice: islands and islets are spread in the lagoon, which became the name of the city when in 1490 it was discovered by the Portuguese. But there is no tourism – Lagos has the reputation one of the most dangerous cities in Africa.

Along with corruption and misappropriation thrives there is another occurrence: the so-called 419 scam – by a number of the illegal articles. These rogues specialize in deceit foreign businessmen engaging them in some brilliant agreement and disappearing after receiving the advance payment. Nigerian Justice has identified about 10 thousand of such scoundrels. They are not too hard to give the presence of a reliability, after procuring letterhead with a stamp, for example, Nigerian National Petroleum Corporation (NNPC) claimed. However, the criminalization of the economy captures all levels. And, first of all, the main industry – oil.

companies in Lagos

Oil and gas companies in Lagos

After beginning its first offshore oil field in 1958, Nigeria has become one of the leading exporting countries of raw materials. Shell, Mobil, Elf and several other international companies instantly decided to use the hydrocarbon resources of Nigeria. As a consequence, the NNPC, the most important joint venture partner, currently receives about 75% of rescues from oil resources. The rest goes to providing technological support and wages payments to foreign partners.

Oil and gas companies in Lagos

Oil and gas companies list

Oil and gas companies in Lagos

  1. Derotech International;
  2. Eternal Oil-Gas;
  3. GRENIGAS;
  4. Hommaston;
  5. la bella Oil And Gas Ltd;
  6. Mainprops Limited;
  7. 7Network Exploration and Production;
  8. NIPCO;
  9. Petroventures Nigeria Limited;
  10. Techno Oil;
  11. Woodshore Resource Nigeria Limited;
  12. WOTTNIG Nigeria Limited;
  13. Yinka Folawiyo Petroleum;
  14. Hemla Global Services Ltd;
  15. Lenoil;
  16. Dozzy Oil And Gas Limited;
  17. Shell.
Oil companies

Oil and gas companies in Lagos

Oil is produced mainly in the Niger Delta. Where the bright equatorial sun sets behind the horizon, the dark sky swims over the Nigerian delta flashes from the lights of the numerous oil rigs. But despite the enormous natural wealth (Nigeria is the world’s sixth country to export oil), the inhabitants of swampy delta live in extreme poverty, often without electricity, clean water, and even fuel. One of the poorest villages is located a few hundred meters from the huge deposits of oil, where the oil storages of Shell are located. ‘We have no electricity, – says one of the residents, – but we receive at least some light’.

Worst of all is the situation for the residents whose houses are right on the vast oil fields. ‘We give them all, but we do not receive anything in return, – says Tony Okpokparovo, a farmer from the town near Port Hakortom. -. But they are developing our bowels’. One of the military governments issued a decree that the land, located over the oil fields, is a federal property. At the same time, the authorities by the inability or unwillingness have done very little to help the people of the delta. Civil unrest, protests, clashes, foreign experts grabs – a direct result of this.

Nigerian gas companies

Oil and gas companies in Lagos

In the delta of about one and a half thousand villages and settlements with up to 4 million people who are waiting for favors from the oil companies, not backed by their own government. If you do not take into account the myriad military and police checkpoints along the ruined roads, the government does not seem to pay any attention to the residents. ‘The main problem is the knowledge that national wealth is distributed unfairly, – says Victoria Danya, public relations manager of the joint venture Shell Nigeria -. In every community, people are well aware that they need roads, hospitals, schools, and they require this. The oil companies, according to the Nigerian government, are closer to the people, and because of this we are responsible for their fate’.

In fact, Shell and other foreign companies play a major role in the development of local communities. During 1998 Shell has spent $ 36 million on community support programs in education, infrastructure, and health. According to the company officials, their motivation has nothing to do with altruism – rather, this aid is needed to prevent possible sabotage and disorder, which is sometimes difficult to avoid. So, among 173 small leaks of oil deposits in the entire Shell network in the state of the River in 1998, 80 of them were due to sabotage. As the locals say after oil leak compensation foreign companies can bring them more revenue than the yield of cassava and maize.

Top oil and gas companies

Oil and gas companies in Lagos

Every Nigerian remembers the discontent that happened in 1993-1994. It created a lot of problems with the Ogoni. Its representatives accused Shell and the government environmental destruction as a result of the development and production of oil. A fighter for the environment, writer Ken Saro Wiwa and also several Ogoni activists, were executed by the military regime of Sani Abacha on trumped-up criminal charges in 1995. The international community responded to the sanctions, which, however, did not affect the oil companies operating in the country.

‘We will not go away from Nigeria as long as the UN does not take a formal decision on the boycott of this country, – said at the time chairman of the board of the Shell company, Cornelius Herkstreter. – We have 5 thousand people there, and we will not abandon them to their fate. In addition, in the event of our withdrawal from the Nigerian market, be sure there is someone else who will quickly take this niche’.

Nigerian worker

Oil and gas companies in Lagos

Moreover, the head of the group confirmed the earlier decision to invest $ 4 billion in the organization of production in Nigeria LNG. ‘It is also the cause of environmental protection since the gas is not burned. We’ve already signed agreements with prospective recipients of these products Thanks to this project we will create 6 thousand new jobs’. – He said.

The first steps of the new leader of Nigeria were the best match to what was expected from him, and in most of Nigeria and abroad. The country has changed a lot: freed political prisoners, the abolition of the death sentences opposition, abolished of the old attributes sham democracy – obedient committees and commissions. But ask the first comer in the streets of Lagos or the capital – Abuja: whether he believes that the military would ever go back to the barracks, and strengthen the defense, and not share power and oil revenues. The answer is unlikely to be positive.

profitable gas companies

Oil and gas companies in Lagos

The situation with oil is similar all over the country. And, unfortunately, it is very sad. Oil and gas servicing companies in Lagos do not bring the city profits or a clean environment. Unfortunately, people are suffering from their ‘wealth’, their ‘black gold’ make them poor.

READ ALSO: Culture, Tourism sector credible alternative to oil

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