ce nt ury f a ct s b e hi nd co mme rci a l l e g a l
TRANSCRIPT
LEGAL &COMMERCIALFACTS BEHINDCENTURYBlock 105, NO 8 Baderinwa Alabi
Street, Lekki Phase 1, Lagos,
Nigeria.
+234 1-7009825
www.ceslintlgroup.com
"Our vision for energy is
driven by your desire for
safety and cost
efficiency"
CENTURY GROUPis a multi-operational company with interest
and expertise in the full value chain of the
oil and gas industry and non- energy sector
in Nigeria; founded on the promise
to create value, enable people, and solve
problems.
We are present in 4 FPSO’s, 7 flow
stations and 9 Oil Fields contributing about
200,000 bpd to national output through her
provision of technical support services.
OUR SERVICES
1. Cost Effective Development of
Hydrocarbon Assets.
2. Operation &
Maintenance (O&M) of
Hydrocarbon Assets.
3 Efficient Development of other
Energy Assets
4. Onshore/Offshore Logistics
Services.
5. Engineering Support Services.
•CENTURY GROUP is the first African company to own and operate FPSO’s on behalf of IOC’s
and NOC’s.
•Installed process capacity of owned FPSO’s:
•Oil: 80 kbopd
•Gas: 80 mmscfd
•Total installed capacity under our management:
•Oil: 300 kbd
•Gas: 300 mmscfd
•Total storage capacity under our management: >4 mmbbls.
•Terminal Export Operations: At peak production, only company (non-IOC) in Africa to offload
2 cargos of Suezmax size back to back in a week / simultaneously with 99% uptime.
•Only Nigerian company (non-Shell) operating a disconnectable turret designed to Australian
standards in Nigeria:
•Total manpower: >2,000
•Daily spend: excess of USD 200K
•The only FPSO provider managing a shore base (Port of Kidney Island) and the Lagos Naval
dockyard.
•Total Asset value under our management in oil and Gas infrastructure over UD $4 billion.
ABOUT US
MAJOR SUBSIDIARIES, PARTNERSHIPS & INTERNATIONALJOINT VENTURES
1. CENTURY ENERGY SERVICES LIMITED (CESL).
2. CENTURY EXPLORATION & PRODUCTION LIMITED (CEPL)
3. CENTURY PORTS & TERMINAL LIMITED (CPTL).
4. GAS PLUS SYNERGY LIMITED (GPSL).
5. EL-MINA PETROLEUM LIMITED.
6. CENTURY BUMI LIMITED (CBL).
7. CENTURY INTERMOOR NIGERIA LIMITED (CINL).
8. PUFFIN LTD SINGAPORE
9. ECO-SUBSEA & SYNERGY SERVICES
BUMI ARMADA BERHAD IN: CENTURY BUMI
LIMITED
INTERMOOR IN: CENTURY INTERMOOR NIGERIA
LIMITED
SHELL, TOTAL & ENI IN: CPTL OPERATED KIDNEY
ISLAND
EL-MINA GLOBAL VENTURES IN: CESL, CPTL &
CEPL.
KENIWENIMO EDWARD ETETE IN: GPSL, CESL,
CPTL, CEPL, EL-MINA PETROLEUM LIMITED
SHAREHOLDERS OF OUR INTERNATIONALJOINT VENTURES & OPERATED BUSINESSES
Alaba Owoyemi, Executive Director-Commercial, Business
Development and Technology.
He is an accomplished and result-oriented leader with a
proven ability to develop and strengthen teams. He has a
well-developed acumen in financial & commercial
management and business development. He is a graduate
of Electrical Engineering and a Chartered Engineer with
over 19 years of professional experience in the industry
and allied fields. His wealth of experience has benefitted
companies like General Electric and Aggreko.
DIRECTORS
Mr. Ken Etete is the Group CEO of Century Group.
He provides visionary leadership to the functional
subsidiaries in Century Group:
He holds a First degree in Accounting and Business
studies from the University of Port Harcourt,
Nigeria, an MBA in Oil and Gas from the CWC
institute London. He is also an alumnus of Harvard
Business School (OPM44).
His career spans over fifteen years, with proven
track record of competence and innovation during
his time at Wilbros and Blue water. He is vastly
experienced in diverse sectors of the Nigerian
economy- in the Nigerian oil and gas industry-
spanning the entire gamut of the value chain which
includes: FPSO Operations & Management, Gas,
Marine and Exploration & Production.
Mr. Maclaren Kosuowei is the Executive
Director, Enterprise. Prior to now, he was the
Managing Director of Century Bumi Joint
Venture (CBJV) the joint venture company
between CESL and BAB. He has over a
score experience in banking management,
corporate finance and risk management.
He was involved in the public sector where
he played a key role in the commercialization
and privatization of Nigerian
Telecommunications Limited (NITEL) as an
active member of the technical committee for
3 years.
Engineer Rotimi Ogunlowo is the Managing Director of Gas Plus
Synergy Limited – A subsidiary of Century Group.
He is an experienced engineering consultant and professional
He possesses over 30 years experience in the oil and gas industry, 26
years of which was with Mobil Producing Nigeria (ExxonMobil affiliate).
His work experience covers new and old field development, production
optimization, reservoir simulation, secondary recovery, development
planning, planning and budgeting, reserves assessment, reservoir
management and opportunity generation group, also as technical
advisor etc.
An alumni of the prestigious Watson Business, Raleigh in North
Carolina, USA; a member of Society of Petroleum Engineers (SPE) as
well as Nigeria Society of Engineers (NSE).
ManagementTeam Mr. Osaretin Amadasun is the Managing Director of
Century Ports & Terminal Limited. He possesses over two
decades' experience in the Oil & Gas Industry.
A certified Associate Specialist in Oil & Gas Technology.
He holds a Post Graduate Degree in Engineering
Management and numerous Certifications in Project
Management, QA/QC, HIMA Safety Systems, HAZOP
Methods Leadership & Team working for Managers.
Before joining Century Group, he was involved in the
Design, Construction, Installation & Operations of
numerous Concrete Barge Mounted Flowstations at the
Shell Petroleum Development Company (SPDC).
Mr. Andy Eyre is the Managing Director of
Century Energy Services Limited, the
group's flagship company. He has 30 years’
experience in Field Operations
Management.
Prior to working with Century Group, he
worked with Ingersoll-Rand, Dresser-Rand UK
Field Services, Dresser-Rand Nigeria and
Angola on various medium, to large gas
compression and energy projects.
Present responsibilities include managing the
preparations and daily operation and
maintenance of fleet of FPSO’s,
refurbishment of shallow swamp gas
gathering CPF, oil export facilities and early
production solutions
__________________________
Mrs. Osas Uwaifo is the Managing
Director of Century Exploration&
Production Limited (CEPL) Her
professional career kicked off at
Chevron Nigeria Limited as a Reservoir
Engineer. She has worked in various
capacities in the Oil and Gas Industry
with over 15yrs experience in positions
of increasing responsibility and is
currently the Managing Director Century
Exploration and Production Limited.
EXECUTED &ONGOING
PROJECTS
NIGERIA PETROLEUMDEVELOPMENT COMPANY
(NPDC)
1. Operation &
Maintenance of the
Mystras FPSO (2010 -
2017) as well as
Supply, installation &
Commissioning of various
equipment. 2010 - Date.
2. Technical Services,
Operation & Maintenance
of OML 42 facilities on
behalf of NPDC (the
biggest asset divested by
SPDC in 2011.
3. Production operations
from BATAN flow station.
1. 15 years Licence to operate the Shell owned Island Offshore Logistics
support base. A service that is profiting other Shell JV partners including
TOTAL & ENI. 2011 - Date.
The facility provides adequate storage facilities including, open storage
areas, warehouses, chemical sheds, office accommodation and support
base services including stevedoring, materials and inventory management,
haulage, marine agency and bespoke supply chain management solutions.
SPDC, MONIPULO, FOLAWIYO AJE SERVICES LTD, GAS GROUP,ERIN PETROLEUM, OMAK MARINE, SHEBAH EXPLORATION &PRODUCTION, HYDRODIVE NIG. LTD, TOPAZ MARINE LTD andseveral other oil field owners are supported from this base.
SHELL PETROLEUM DEVELOPMENTCOMPANY (SPDC)
2. Engineering services and project
management support for the repairs of SPDC-
owned offloading buoy terminal in Bonny
Island. (2008).
3. Provided technical skills training for
Gbarain Ubie and Afam/Okoloma Youths
between 2006 – 2008 on behalf of SPDC.
EXECUTED &ONGOING
PROJECTS
1. Lifted and
exported
30,000bbls/day of
crude in
partnership with
PTT Company
Limited on behalf
of NNPC. (2013).
2. Secured a term
contract to lift Oso
Condensates and
Natural Gas
Liquids (2014).
NIGERIAN NATIONAL PETROLEUMCORPORATION (NNPC)
BUMI ARMADA BERHAD
1. Operation &
Maintenance,
Procurement & logistics
support of the Armada
Perdana FPSO, for Oyo
field development on
behalf of CAMAC/ENI.
(2009- Date).
2. Operation &
Maintenance,
Procurement & logistics
support of the Armada
Perkasa FPSO, (2008-
Date).
EXECUTED &ONGOING
PROJECTS
YINKA FOLAWIYO PETROLEUM(YFP)/CHEVRON NIGERIA DEEPWATER, VITOL
EXPLORATION NIGERIA
Operation and
maintenance of the
Front Puffin FPSO,
at OML 113 in the
Benin Basin for a
period of four years.
(2014 - Date).
AMNI INTERNATIONAL PETROLEUMDEVELOPMENT COMPANY LIMITED
(AMNI)
We Mobilize, Install,
Operate and
maintaine the FPSO
Armada Perkassa
(Princess Aweni) for
Okoro- Setu field
development.
(2017 - Date).
ORIENTAL ENERGYRESOURCES LIMITED
(ORIENTAL)
Operation &
Maintenance
services for
production facility
and storage unit
(MOPU/FSO)
2010 - Date.
EXECUTED &ONGOING
PROJECTS
Provided
Operations &
Maintenance
support services
to their operations
facilities at the
Eku- 1 flow
station, OBNAGG,
SPDC PEB
facilities, Soku
booster station,
Nun-River flow
station, Izombe
flow station, Oso
platform amongst
others. (2002 -
2014).
DRESSER RAND NIGERIALIMITED
NNPC OIL FIELD SERVICESLIMITED (NOFS)
Effective
Operation and
Maintenance
services at the
Jones Creek
Flow station
(OML 42 & OML
119) through a
JV. 2012 - Date.
EXECUTED &ONGOING
PROJECTS
EXECUTED &ONGOING
PROJECTS
CHEVRON/CON OIL JOINTVENTURE
Integrated a robust and
effective security network
across the Niger- Delta;
Strategic intervention that
saved the JV from shut- in
of the Pennington
terminal.(2007- 2012). Till
date, the terminal is
operated on the Century
Group installed
structures.
AMNI
Operation &
Maintenance
services for
Siemens Afam
Power Station
repairs (2005 –
2006).
SIEMENS
SUNTERA RESOURCESLIMITED
Procurement and
Logistics support
for the supply of
casing and tubing
for drilling
operations at OPL
205 (2006 –
2008).
EXECUTED &ONGOING
PROJECTS
HORCHI CONSTRUCTION COMPANYNIGERIA LIMITED
Sectional
replacement of
pipeline at
Santa Barbara
flow station of
which SPDC
was the
ultimate client
(2006).
CENTURY GROUP FIGURES
2002 - Date, Century Group directly and
indirectly participated in about 50 valuable andimpactful energy projects worth over $ 2Billion.
2007 - Date, Daily operating cost of over$400,000.
Oil installations, equipment, and other assetsunder our management is estimated at over $4 Billion.Cumulative daily production of about 200,000bpd from all our operated locations.
Power generating capacity of 100mw and Gashandling capacity of 500mscf/d from our
numerous operated locations.
Direct and indirect work force of over 2,000competent, passionate and dedicated persons.
LAWYERS
LEGAL ANSWERS
BANKERS
KEYSTONE BANK
ACCESS BANK PLC
GUARANTY TRUST BANKPLC
AUDITORS
PRICE WATERHOUSECOOPERS (PWC)
FINANCIAL ADVISERS
HAMILTON & GEORGE
G O L D E N A S S O C I A T E S
Improved Field assessment
Pre-Front End Engineering and Design (FEED) & FEED Engineering
Front End Engineering and Design (FEED)
Enhanced Field development
Development of Capital Expenditure (CAPEX) Finance
EPCI Development of the field to first oil
Intrepid Offshore Construction- A Global Marine Contractor that specializes in the installation
and decommissioning of Floating Production Assets globally. This partnership equips us to
offer:
Bumi Armada BERHAD - The Malaysia-based international provider of offshore production and
support services and Century Energy Services Limited birthed Century Bumi Limited, a joint
venture in, Nigeria principally involved in the business of ship management and chartering,
operation and maintenance of FPSO units.
Harris Pye Engineering - The UK company with footprints on several countries and projects in
the marine services and fabrication space of the oil and gas sector is a partner of the Century
Group. Through this partnership quality specialised equipments, parts and services are always
available to the sub saharan oil and gas market.
Siemens - The German company has been a Century Group partner for over a decade.
Together, we provide cost effective support and access to crucial oil field development needs
WEAR Oil & Gas - WEIR - The Houston based company boasts of innovative services that
improve operational efficiency and reduce costs for drilling, well completion, production, refining
and related industries. Century Group is a part of the Weir global network of service centres.
The Century-Weir partnership ensures a supply of highly skilled and knowledgeable technicians
help its clients find safe, efficient, profitable solutions for their operations.
COMMERCIAL & BUSINESS DEVELOPMENT:
AKINTOYE [email protected]+234-803-402-1218
ALABA [email protected]+234-802-325-8666
KEN [email protected]+234-803-461-8889
KARL [email protected]+234-802-745-4679
LEGAL SERVICES:NADOU [email protected]+234-816-960-6337
FOR MORE DETAILS, CONTACT