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Dreg Waters leads frontier of servitisation of oil, gas sector.

Dreg Waters Petroleum and Logistics Limited is set to create a memorable and valuable experience for stakeholders in the oil and gas sector
gathering at the 23rd Africa Oil Week/Upstream Conference in South Africa.
The Chief Executive Officer, Dreg Waters Petroleum and Logistics Limited,
Ms. Damilola Owolabi, underlined that part of the efforts of her company
to remain relevant is to be innovative and expansive in terms of quality
of services offered to clients.

She explained that despite the nationwide recession affecting all
industries, including Oil, her organization still operates in line with
the company’s vision and has advanced beyond procuring licenses and
permits for operators.

“To add value to the industry, we are now supplying petroleum products
offshore, leasing various marine equipment and dealing with supply of
manpower labour among other services rendered to local and international
companies as well.”

Owolabi added that: “There will always be opportunities in crisis
especially where you are solving a problem and offering value added
services.”

Furthermore, she noted that since the global market decline has forced
Nigeria into a thinking economy, the oil and gas sector is requiring
innovation and as a result, it is no longer enough for sector players to
be recycling the same old services or re-inventing the wheel, especially
where customers are demanding greater value.

Owolabi, who secured an exhibition booth for her organisation at the
forthcoming Africa Oil Week conference in Cape Town, South Africa, from
October 31st to November 4th, 2016, will be giving international
participating organisations a generous insight towards investing
opportunities in the oil and gas sector in Nigeria.

She said: “This year, Dreg Waters is not just attending the Africa Oil
Week conference, but we are inviting delegates to our exhibition booth
number 70; there, we will be bridging gaps, responding to business
inquiries, liaising with foreign companies intending to trade in Nigeria,
as well as packaging and selling all our services – from immediate support
with procuring different operational licenses and permits for companies,
to clearing of petroleum products into Nigeria and much more”.

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