National Engineering & Technical Company Limited
National Engineering and Technical Company Limited (NETCO) is Nigeria’s 1st National Engineering Company and is a wholly owned subsidiary of the Nigerian National Petroleum Company (NNPC).
NETCO was established in 1989 as a Joint Venture company (JV) between NNPC and
American Bechtel Incorporation, a world renowned engineering company.
NETCO started commercial operations in 1990 to acquire engineering technology through direct involvement in all aspects of engineering in the Oil and Gas industry. NETCO’s strategic vision is to provide Basic / Detailed Engineering, Procurement, Construction Supervision, Project Management, Quality Assurance & Quality Control, Environmental Consulting and Training.
Between August 1990 when NETCO started commercial operations to 1996, NETCO worked alongside Bechtel staff to execute more than 50 engineering projects. These include the Chevron Onshore Gas Plant of the Escravos Gas Project Phase 1 where more than 143,000 engineering man hours was worked. This project was the most technological advanced engineering effort ever undertaken in Nigeria by Nigerians.
The joint venture between NNPC and Bechtel lasted until 1996 when Bechtel exercised its option under the JV agreement and withdrew. NNPC took necessary steps to purchase Bechtel’s shares thereby making NETCO a wholly owned subsidiary with effect May 1st 1997.
Since the exit of Bechtel, NETCO has executed many significant projects and was awarded the prestigious ISO 9001 Quality Certificate in May 2000 by Bureau Veritas Quality International (BVQI). This achievement is the first by any indigenous engineering company in Nigeria. BVQI also went ahead to award NETCO its prestigious 1SO 14001 Environmental Management System in 2004.
NETCO as the first and the best engineering company of choice has been pursuing the domestication of engineering capacity in Nigeria’s Oil and Gas industry since 1990. NETCO has taken its support for the Local Content to a new level by integrating engineers from other Nigerian Engineering Companies into its project teams with the view of spreading engineering knowledge to as many Nigerians as possible.
NETCO is working towards providing an efficient and reliable engineering base for the NNPC group and the entire Oil and Gas Industry through personal commitment to work, constant technological advancement and continuous improvement in its work processes.
Plot 146B, Ligali Ayorinde Street
Tel: 234 – 1 – 2718840 – 45
Facsimile: 234 – 1 – 2718839