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Telsy Consulting |
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Message by
CHAIRMAN, GROUP ADVISORY BOARD Close watchers of the Nigeria Oil and Gas industry and the Gulf of Guinea will have become convinced that monumental changes are taking place that are already having profound positive effects on the industry. These changes are anchored on the major policy initiatives and reforms of the Nigerian government in the following areas: (1) Oil & Gas Reforms policy that is leading to the restructuring of the oil industry including the Nigeria National Petroleum Company (NNPC). (2) The expansion of the crude oil reserves from 35.2 billion presently to 40 billion by 2010. (3) The aggressive development of the deep offshore oil blocks which is already leading to new frontier of exploration and production activities. (4) The harnessing of the hydrocarbon resources in the Gulf of Guinea especially aligning the Sao Tome/Principle JDZ with the Nigerian region. (5) The expenditure budget of about USD8 billion in year 2005/2006, by Joint-Venture Partners. (6) The enormous downstream initiatives leading to the proposed privatization of the refineries, petrochemical plants and the storage/pipeline/jetty facilities and advent of private refineries which will lift development in the sector to new heights over the next few years. (7) The expansion of the LNG sector to earn up to 50% of oil revenue by 2010 while the springing up of Independent Power Plants will maximize local gas utilization. (8) The dynamic policy towards local content maximization with the aim of developing this up to 50% by 2007 will also lead to local capacity building in the oil & gas industry. Against these ground-breaking developments, Telsy has positioned itself to provide excellent professional and consulting services to its clients both locally and abroad. Telsy is equipped with insights into the industry by offering leveraging opportunities to its clients both in the upstream and downstream sectors. It is also positioned to offer its services to both the public and private sector stakeholders. Furthermore, one of its strength includes financial and investment advisory services to its clients. This in effect means that apart from offering consultancy services a special value added service is in the area of investment portfolio advisory services which include sourcing funds for client’s projects. The critical reach that Telsy has in terms of consulting and investment advisory services is also global in nature. It has access across the board in North America, Europe and South East Asia to tap into information database and resources that are required to meet client’s needs. It is therefore with great pleasure that am offering you this information brochure and ask you to please take advantage of our quality service. Tunji Lawal-Solarin Chairman |
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