Royal Niger targets 720 jobs

The company said the plant would boost Nigeria’s workforce and save the country billions of naira expended on importation of umbilical products.An umbilical is a cable which supplies fluid, power and data to drilling and production equipment.Anthony Okolo, Managing Director of the company, who announced this in Lagos, said the facility is expected to begin […]

The company said the plant would boost Nigeria’s workforce and save the country billions of naira expended on importation of umbilical products.
An umbilical is a cable which supplies fluid, power and data to drilling and production equipment.
Anthony Okolo, Managing Director of the company, who announced this in Lagos, said the facility is expected to begin operations in the second quarter of 2015 and will have an annual cable output of up to 12km per annum.
He said the umbilicals will be manufactured at Royal Niger’s facility at Angel Park, Iworo, Badagry, with ease of logistics from the Apapa Port and offers optimal logistics to all successful tenderers of umbilical projects in Nigeria.
“The plant will be a key element in ensuring leading manufacturers of umbilical products are able to meet their Nigerian Content compliance requirements by ensuring up to 60% of the equipment tonnage is manufactured in Nigeria while offering benefits in reduced cost in logistics and operations.
 The plant will also support aftermarket services, including umbilical repairs, reeler management and splicing.”