People
- 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
Local Content Achievement
Procurement
- 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
Assets
Over the years, OES has continuously invested in local repairs and refurbishments of its assets:
OES Passion Rig Refurbishment
- US$ 40 million cost funded by a Nigerian Bank
- Location – Port Harcourt Rivers State
- Knowledge building project for all who participated
- Project completed in May 2012
OES Respect Rig Refurbishment
- 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
OES Teamwork Repairs
- US$ 3.2 million project cost
- 100% indigenous vendors using OES rig personnel
- Facelift of the floors, wall and furniture given to the rig accommodation area
OES Integrity Repairs
- Currently undergoing repairs in Port Harcourt
- Manpower provided by the rig staff with local vendors providing support with supplies