Business Hilights
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NigerStar 7 coming to shore up logistics in petroleum sector– Cottart

The Chief Executive Officer of NigerStar7 Adaba, a frontline operator in the services section of the oil and gas industry, Mr. Yann Cottart, has revealed that the firm is coming with the needed expertise and business case that will redefine the nation’s oil and gas logistic sector for good.
Explaining more during the N7.2 billion vessel which remains among the most powerful Nigerian flagged DP2 Anchor Handler (140mT bollard pull) owned by a Nigerian company and operating in Nigerian waters, he said activities of the firm will buoy performance at the offshore level.
According to him, “Our mission is to serve Nigeria’s offshore oil and gas industry by executing the largest and most complex EPIC deep-water projects, and today with this new addition to our fleet, we are closer to our goal as we become the only Nigerian Tier 1 EPCI contractor with a number of modern assets 100% owned and positioned in the country.”
“With this investment, NigerStar 7 is creating employment opportunities for marine personnel, our teams onshore and contractors/suppliers providing support services to our vessel,”.
Business Hilights gathered that it has a 52-passenger-on-board accommodation capacity, 460m² deck space, and an Electronic Fuel Monitoring System. It is the first of its kind to explore Nigerian waters and has been hailed as a major complement to the local content policy of the federal government.
In his remarks, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Wabote hailed the partnership between NigerStar 7 and Nigerdock Shipyard in the realization of the deal.
He further canvassed more partnerships as part of growth in local content within the nation’s maritime, oil and gas industry.
Wabote stressed that “we must commend NigerStar 7 for its renewed commitment to local content practice and the noticeable repositioning it has undertaken to project the value proposition it offers as an oil and gas service provider of high repute.”
NCDMB boss therefore commended NigerStar 7 for its commitment to Nigeria and called on other companies to emulate the example of the company in terms of making visible investment in the Nigerian economy. In accordance with NigerStar 7’s commitment to the Nigerian Oil and Gas Industry Content Development Act of 2010, the personnel on NigerStar 7 Adaba, including its Captain are Nigerians.
Making her goodwill message, the vessel’s god-mother, Mrs. Olapeju Adenuga, who is also the company’s Legal Counsel noted that “The name of our beloved vessel originates from its new habitat, Nigeria. Adaba emanates from the native Yoruba language of the western people of Nigeria and refers to the bird, Dove. The dove is symbolic as an embodiment of hope, reliability, guidance and loyalty. The sturdy bird also characterizes the strong build of our vessel.”
Corporate officials at the event include representatives of International Oil Companies including ExxonMobil, Total and Chevron, the Chairman of Jagal Group, Mr. Anwar Jarmakani and others.

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