OES Energy Services Limited

Local Content Achievement

OES has a 97% indigenous skilled workforce across all its operations from the rig floor hands to the Supervisors- Drillers, Toolpushers, OIMs, Rig Managers, etc.
All four swamp rigs in the OES fleet are run by competent Nigerian Rig Managers

92% of active OES vendors are indigenous and locally based
The remaining 8% are Original Equipment Manufacturers that we directly engage to access sole sourced equipment and parts
OES Spends an average of NGN12 billion per year on local and indigenous purchases

Over the years, OES has continuously invested in local repairs and refurbishments of its assets:

US$ 63 million cost funded by a Nigerian Bank
Cost included evaluation, assessments, interest payments, Project Office in Port Harcourt, Nigerian team taken to US and other ancillary charges associated with the project
Project initiated and commenced in Lagos – feasibility, assessment and design.
Assessment carried out revealed that the hull of the rig was severely damaged and had to be taken off the water for repairs
No Nigerian facility could handle the dry dock repairs so rig was taken to the United States for this purpose
OES ensured that ~90% of personnel attached to the project in the US were OES personnel from our Port Harcourt office, including the Project Manager
Project supervision was provided by the facility owners, hands-on experience gained by the OES Staff
90% of project cost was spent in Nigeria and on Nigerian vendors and people
Rig returned to Port Harcourt in October 2013 to complete the project

Currently undergoing repairs in Port Harcourt
Manpower provided by the rig staff with local vendors providing support with supplies

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