MG Vowgas in business to halt capital flight — IZOMOR

MG Vowgas in business to halt capital flight — IZOMOR

ON October 3, 2017 2:59 AM / IN Business / BY
Ugoh Solomon Chinonso
MANAGING Director of a recently-launched EPC (Engineering, Procurement, Construction) firm in Port Harcourt, Engineer Godwin Izomor, has declared that his company is in business to halt capital flight in the oil and gas sector by developing capacity to undertake EPC jobs in the sector.
Izomor said this in the course of showcasing his firm’s capabilities to a select group of newsmen at his fabrication yard.
“There is no reason why fabrication jobs from the oil majors should be taken abroad, thus promoting capital flight. All that is needed in terms of quality and dimensions of work are here in this fabrication yard.”
He added: “We in MG Vowgas are pained daily when we see that for almost every little construction, other international companies take such jobs to their countries to fabricate and eventually ship back to Nigeria. Apart from the loss of time and huge revenue, that system really depreciates Nigeria as it creates job for others in other countries and leaves our people even more unemployed.’’
MG Vowgas has four main computerised workshops, where computer-controlled high-calibre machines and equipment were on parade.
These include the Multimax Drilling machine, welding machines of various specifications, and metal rollers capable of shaping thick metal plates.
Moving heavy ordinance is made easy as Vowgas has 300-ton, 150-ton, and 100-ton crawler cranes to move things around, including barges, boats, and other heavy equipment and/or vehicles.
Exuding patriotic sentiments, Izomor noted that Vowgas is committed to growing the Nigerian brand, explaining that the local content policy of the Federal Government is being fully implemented in the company, stressing that, “we have built our massive fabrication yard here in Port Harcourt, Nigeria for the purpose of building the Nigerian capacity in the oil and gas sector.”
Although the company is presently well equipped with major and ancillary facilities for efficient job delivery, Mr. Izomor explained that beside the 1,000 horsepower tug boat, and three big cranes with varying capacity, the company is concluding plans to “increase our fleet of vessels to meet the demand of the International Oil Companies (IOCs) operating in Nigeria.”
He further explained that beside the supply and management of vessels, the company “has experienced personnel to provide logistics support to customers, ranging from project start-up support to full project logistics management.”
Conscious of the safety requirement in such a facility, Izomor informed that the safety component of the services offered by the company are not only high, but uncompromising.
That perhaps explains why in 2015, MG Vowgas won the British Safety Council award “for demonstrating a strong commitment to good health and safety management during 2014.”