Green Energy to commission LPG extraction, power plants on Otakikpo marginal field

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The Operator of the Otakikpo Marginal Field in OML-11, Green Energy International Ltd (GEIL) states that it is set to commission the 12MMSCFD modular LPG extraction plant and 6MW power creating plants at the Otakikpo Marginal Field in Q2 2022.

These associated gas utilization projects are a crucial part of the Operator’s gas flares-out job targeted at getting rid of gas flaring, industrializing the host neighborhood by using the gas to create energy to the advantage both host community and the nation at big.

This scale of modular LPG plant will be the first to be set up in the company and the country repeated its objective to showcase the success of the job to other market players and the Government as one of its contributions to getting rid of associated gas flares in Nigerian oil fields.

The job got its Approval-To-Construct in April 2018 and was on FastTrack for completion. By July 2019, the equipment fabrication had actually been finished with Department of Petroleum Resources (DPR) and business representatives seeing the Factory Acceptance Test (FAT) in China which lasted for over a month.

According to Johnson Akinyemi, the tasks General Manager, “when finished, the project will supply daily about 60-metric-tonnes of LPG (cooking gas) to the domestic market. The plant deals with a Hybrid System and include four major processes of compression, hydrocarbon, dehydration, and refrigeration separation.”

Also commenting, the Chairman of the business, Professor Anthony Adegbulugbe, confirmed that “Green Energy International Limited has actually constantly stressed the value of delivering inexpensive and dependable energy to the world without threatening ecological and social excellence. It is a dedication to this sustainable culture that propelled the Company to prioritize, strategy and implement the advancement of associated gas reserves in parallel with the oil reserves; a really atypical technique that clearly separates us from our peers in the industry.”

Teacher Anthony Adegbulugbe even more expressed his fulfillment in the progress that the Company has made in its efforts to ensuring the green-house impact is eliminated entirely in GEIL operations. In his words, “we will continue to aim to place our Company as one of the elite business to deliver the energy the world should have through a powerful mix of capital efficiency, low costs and sustainable advancement”.

He further explained that contrary to extant and widely accepted market belief, Green Energy International Limited has had the ability to attain these fascinating outcomes without endangering traditional and important key monetary key efficiency indications that organizations utilize to track, measure, and analyze the monetary health of companies.

“The Company’s sound metrics has actually shown that its distinct underlying structure for success has actually delivered monetary sustainability to its stakeholders that is competitive not only with our direct E&P peers, however the more comprehensive market. In terms of sustainable advancement, it is safe to confess that Green Energy International Limited (GEIL) is certainly ahead of the pack. It is a Company that has actually have purposefully chosen the course least taken a trip and have actually emerged as an undisputed leader amongst our peers.” He concluded.

In terms of security efficiency, the Company’s HSE GM, Mr. Chuks Igbokwe verifies that Green Energy International Limited has actually developed and implemented its own program “Life-Saving Actions and Barrier Checks” in all its location of operations. “These Life-Saving Actions are indicated to draw attention to activities that might more than likely to lead to a casualty and executing the crucial, life-saving actions over which a person has control. This technique remains in line with the Company’s established and long-lasting core beliefs at GEIL, that security is not the absence of incidents, but rather it is the existence of defenses.”