The Chairman of the Petroleum Technology Association (PETAN), Mr.Bank Anthony Okoroafor, has reiterated the Association’s commitment towards the realisation of the Federal Government’s four million barrels per day(bpd) of oil production.
Okoroafor stated this when he led PETAN Executives to present an award to the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) for his landmark achievement in the development of Inland basins in the country, especially the drilling of the Kolmani River-II Well and his efforts in Deep Water operations.
The PETAN Chairman commended Baru for engineering transformation in every aspect of the petroleum industry since his assumption of office.
He cited the resumption of exploration in the inland basins and the flag-off of Bonga South–west project which has been in the shelf for more than 10 years as fruits of the GMD’s visionary leadership and doggedness.
He stated that in recognition of Baru’s sterling performance and as a mark of appreciation to him, the association had decided to honour him with its “Visionary Leadership Award”.
He said Baru would also officially open the Nigerian Pavilion at the forthcoming Offshore Technology Conference (OTC) and serve as keynote speaker on the theme: “Nigeria’s Deepwater: The Journey So Far” at the conference.
In his remarks, Baru said the Kolmani River-II Well which spud-in was flagged off last month by President Muhammadu Buhari, is progressing satisfactorily, with drilling so far hitting 6,700 feet.
He explained that the target was 14,200 feet, although the depth could be deeper, depending on findings, even as he explained to the visiting PETAN Executive that President Muhammadu Buhari should be commended on the progress being made on the drilling of the well.