THE AFRICAN INSPIRATION – Marine Platforms

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Taofiq Adegbite, CEO, MPL

Marine Platforms Ltd (MPL) is an oil and gas company established in Nigeria with a mission to be recognized as the preferred deep-water service provider, delivering exceptional results even in formidable situations.

Vanguard NOGSpeed findings revealed that Marine Platforms’ activities go beyond Nigeria; predominantly upstream and in the offshore operations of the industry. It’s already recognized as one of Nigeria’s most rapidly growing indigenous oil and gas companies.

Within its short period of establishment, MPL has played significant roles and executed some of the major projects in the oil and gas industry.

Vanguard NOGSpeed learned that it is renowned for its quality, innovative cost-efficient and speedy delivery of projects and contracts, its ever improving workforce and facilities, its quality asset build up, and an unrelenting quest for expansion of its operations and facilities, among which is its latest acquisition of the awe-inspiring African Inspiration vessel with its state-of-the-act Subsea capabilities.

This report attempts to focus on Marine Platforms’ experience, challenges, efforts and how the company sustained its rising profile during one of the most excruciating era in the history of Nigeria Energy operations.

Though the impact of the recession was significant resulting in major downsizing in the industry, Marine Platform retained its entire work force, exemplifying the words of Mary Kay Ash, “ people are a company’s greatest asset”. A key strategy adopted by the company during the turbulent era was to aggressively push its revenue drive while reducing its cost of operation without compromising quality. The company firmly believes that it was God’s grace: the wisdom and strength it received to define its purpose right, which has seen the company through it all, Vanguard NOGSpeed investigations revealed.

This tenacious disposition of the company saw her win some strong contracts even during the “winter” era, one of which was the famous Agbami Phase 3, a major deep-water construction contract it from Chevron Star Deepwater and carried out Transportation, Installation and Pre-commissioning (TIP) of flexible flowlines, jumpers, umbilical and Manifold for the Agbami field,. The project was delivered safely, on time and within budget, Vanguard NOGSpeed gathered.

The Inspiration

The African Inspiration, proudly owned by Marine platforms, is a highly innovative vessel built in Havyard, Norway and delivered to the company in January 2015. Simply referred to as “The Inspiration”, it is an advanced subsea IMR support vessel designed to operate in harsh weather conditions. It is complete with the latest environmental demands, built according to DNV clean design rules. The Vessel is diesel-electric driven for optimal operation and flexibility to reduce fuel consumption, noise and vibration levels. It possesses:

  • 250 te AHC crane, 3000m
  • 20 tonnes at 10m, AHC 3000m c/w man riding ability
  • Two 200hp work-class ROV with depth rating of 3000m
  • Helideck for Sikorsy S 92
  • 120 POB
  • 1200 square metres deck space
  • Extensive Client Office Facilities
  • FIFI 2
  • Methanol tank 220m/3
  • 8m x 8 m working moonpool
  • Mezanine deck prepared for two work-class ROV systems

Vanguard NOGSpeed learned that Marine Platforms has achieved unmatched progress in Local Content Development. It is the first company to introduce ROV Simulator into the Nigeria oil and gas industry. While oil business was dwindling, the company’s 2015 African Inspiration Build Cadets were being promoted.

In June 2016 and October of 2017, the company executed Coil Tubing transpooling projects onboard African Inspiration, Agbami field, a feat that came with highly impressive implications as it was the first ever, safe transpooling of over 12,000 feet of 2 3/8 inch steel tubing on a deepwater offshore field.

By this, the company achieved an OPEX Cost savings worth millions of dollars for its client by delivering the entire project with local and regular crew, which Marine Platforms is proud to have been at the very core of, as against in 2015 when a similar project was carried out onshore with significant cost and schedule impact for client. This feat was widely celebrated by the Chevron Subsea group as Vanguard NOGSpeed gathered.

Marine Platforms exceeded its client’s expectation on this project in performance and safety – helping its client save even where they would have willingly committed scarce resources due to the criticality of the project. The company has delivered these outstanding project performances, not once, but twice, indicating that it was not a happenstance, thereby entrenching its proficiency and assuring its client of repeatable success.

Vanguard NOGSpeed findings indicate that the company played a significant role during the first ever total shutdown and turn-around maintenance on the Agbami FPSO.

A good Company to keep

As a company, Marine Platforms has come to see its clients as business partners.

Recently, it demonstrated its famed efficiency that ensured the possibility of simultaneously completing Agbami Phase 3 installations while also carrying out shut down and restart operations on the subsea assets.

Vanguard NOGSpeed findings revealed that Marine Platforms is driven by integrity, humility and a deep desire to make a difference. It creates and surrounds itself with a strong culture and value system that prioritize its pursuits for excellence. An inner reflection on Marine Platforms’ strengths and weaknesses indicates that it is a company that continuously equips itself with the drive to conquer against all odds in a highly competitive field.

“This is the part we have chosen to play and are playing in the industry as a company and as a team, and we are inspired to do it better than we have, already”, said Engr. Taofik Adegbite, the Managing Director / Chief Executive Officer of Marine Platforms Ltd.

NOGSpeed learned that Marine Platforms is not only a stay-open company in both easy and hard times, but one that operates a robust management structure, which ensures it stays focused and true to its vision.

If, according to May Kay Ash, a company is as good as the people it keeps, then an industry is as good as the company it keeps.

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