HOUSTON, Jan. 30 -- Baker Energy, a unit of the Michael Baker Corporation (AMEX:BKR), announced today that Nigeria LNG Ltd. has renewed a three-year, $5.8 million-per-year, Maintenance Services Contract with its Nigerian affiliate, Baker/OTS Nigeria, Ltd. (Baker/OTSN).
Under the contract renewal, which includes an option for a two-year extension, Baker/OTSN will provide a wide variety of operations, maintenance and support activities for the Liquefied Natural Gas Complex located at Bonny Island, Rivers State, Nigeria. Services include planned maintenance; project engineering and shutdown services; and the provision of management and administrative personnel and facilities for site operations, logistical, technical and materials/equipment support.
"The opportunity undoubtedly is one of our most challenging ventures to date, but it is also the single largest opportunity for Baker/OTSN to validate its position as a market leader in the execution of operations and maintenance services contracts. It will be a total metamorphosis from simply providing human resources to taking part in planning and management activities. This further solidifies our reputation as a true partner with our clients in meeting their strategic objectives," said Richmond Leeb, managing director, Baker/OTS Nigeria, Ltd.
Nigeria LNG Limited (NLNG) is jointly owned by Nigerian National Petroleum Corporation, Shell, Total LNG Nigeria Ltd and Eni. It was incorporated as a limited liability company on May 17, 1989, to harness Nigeria's vast natural gas resources and produce Liquefied Natural Gas (LNG) and Natural Gas Liquids (NGLs) for export. The company has a wholly-owned subsidiary, Bonny Gas Transport Limited (BGT), which provides shipping services for NLNG.
Baker/OTS Nigeria, Ltd., is a joint venture between U.S.-based Michael Baker Corporation and local Nigerian shareholders. The company is supported by a management and operations team from Michael Baker Corporation subsidiary, Baker Energy, in Houston, Texas, which works with oil and gas companies worldwide to provide total asset management solutions.
Michael Baker Corporation (http://www.mbakercorp.com/) provides engineering and operations and maintenance services for its clients' most complex challenges worldwide. The firm's primary practice areas are aviation, environmental, facilities, geospatial information technologies, pipelines and telecommunications, transportation, water/wastewater, and oil & gas. With more than 4,000 employees in over 50 offices across the United States and internationally, including more than 400 employees in Nigeria. Baker is focused on providing services that span the complete life cycle of infrastructure and managed asset projects.
Source: Michael Baker Corporation
CONTACT: David Higie of Michael Baker Corporation, +1-412-269-6449
Web site: http://www.mbakercorp.com/