We’ve capacity to deliver construction, installation in energy sector, says Umennaike.
The Chief Operating Officer of Marshal International Contractors Limited, James Umennaike, has said that his company has the capacity to deliver procurement, installation, and logistics in the energy sector.
Speaking at the Nigerian Oil and Gas (NOG) Energy Week Conference and Exhibition, Umennaike noted that Marshal was also available for construction and fabrication in the sector.
Umennaike said, “Our company is focused on procurement and construction and installation and logistics. We are available for whatever equipment is needed in the community. We are also available for construction and fabrication that follows that.
“We also understand that it’s a changing globe and a lot of companies are involved, it’s slower than expected but a lot of companies are trying to leave hydrocarbons and petrol. Gas is more sustainable. A lot of companies are moving away from that, and we have made ourselves available to key into that movement.
“Any government that will find a way to step in and make access to some of the things required in the energy sector a bit more available is welcome. Startup funds for this renewable energy are exorbitant so people still key into their fossil fuels and know that it’s not sustainable but it’s cheaper.
“Renewable energy initial fund is a lot, so we need to get some kind of subsidy involved and from then it’s a takeoff platform and the government can step away. Now we need them to step in and help us.”
Umennaike said that NOG is an avenue for companies to showcase their operations, skills, and what they have to offer to other operators.
“It brings an opportunity for us to expand our network and to make ourselves visible to operators in oil and gas and that is why we have decided to take a booth here and showcase our services to those in the industry.
“Not so long ago the federal government decided to remove subsidy on PMS. What that tells us is that the cost of energy is rising so we need to find a way to diversify and think outside the box and maybe go into renewable energy in a way that will still enable us to sustain ourselves in the country and grow.
“If anyone has found a way to overcome the funding problem, then it is magic. It is an accepted headache if you decide to go into business in Nigeria.
“Accessing funds is a big issue and any government that manages to crack that and make it easier for companies to access funds whether forex or any other type will have done the country a great deal of good because once companies can get funds easily it drives down the cost of production and make the cost of these services affordable to Nigerians.”
