Lagos - Bowalds Energy, the United Kingdom energy firm, is exploring new export opportunities in Nigeria.
This follows a recent conference the United Kingdom Trade and Investment (UKTI) organised in Nigeria where a Bowalds Energy team was introduced to the UK High Commission in Nigeria and to oil and gas companies with operations in the UK and Nigeria.
The initiative was part of the UKTI High Value Opportunities Programme, which helps UK businesses win large scale overseas procurement projects.
Wilson Balogun, Chief Operating Officer and Executive Director of Bowalds Energy, said the company’s attendance UKTI event was a turning point for the company.
“UKTI’s backing of our company gave the participating companies the confidence to see us as a trusted future partner. In addition, thanks to UKTI’s introductions, we are expected to have a working agreement with several oil and gas companies in the coming months,” said Balogun.
The company had advanced discussions with ExxonMobil, Addax Petroleum and Afren PLC.
As it ramps up its business in Nigeria, Bowalds Energy plans to expand its operations into Ghana, Uganda and Angola, using Nigeria as its regional hub.
Furthermore, one of Bowalds Energy’s priorities is to train young engineers in Nigeria to work on oil and gas projects. Following the introduction to GE Oil and Gas, the two businesses have gone on to work closely together.
- CAJ News