NNPC denies handing pipeline contracts to 'Northern oil cabal', lists 17 firms as awardees

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The Nigerian National Petroleum Company Limited has denied reports that contracts for the rehabilitation of pipelines across the country were awarded to a “northern oil cabal”.

“To re-emphasise our commitment to transparency, NNPC subjected the selection process to a competitive tender guided by Bureau of Public Procurement standards, Infrastructure Concession Regulatory Commission expertise, and the active involvement of a Transaction Advisor,” a“We also had representations from NEITI and the Ministry of Justice in the project development team and the evaluation exercise”.NNPC said the report is fallacious and designed to bring the name of the firm into disrepute.

The company said the list of the awardees that form a consortium shows that lot one was awarded to Oilserve Ltd, Chu Kong Steel Pipe Group Company Ltd, and Saudi Crown Oilserve. Also, lot three was allocated to AA Rano, Zakhem Construction Nigeria, Bablinks Resources Ltd, VAE Controls S.R.O, while lot four was awarded to MRS Oil and Gas, CPPE Nigeria Ltd, according to the statement.While the contract agreement is based on building, operating and transferring, NNPC said the agreement does not entail the transfer of control of the assets to the companies.

 

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