Latest News

                                          

Eunisell Restates Commitment to Innovations, Highlights Latest PMT Solution

Mr. Chika Ikenga, the Group Managing Director of Eunisell Limited, West Africa’s largest specialty chemical and oil and gas engineering solutions company, said innovation remains critical in enhancing productivity in the Nigerian business space especially the energy sector.

Ikenga added that for over 27 years the company has been at the forefront of introducing and deploying latest world-class technologies and tools used in providing critical solutions and enhancing efficiency for the energy sector in the region.

At a media interaction in Lagos on November 22, 2021, Ikenga said, “Eunisell has been a key driver of innovations in the West African energy sector, deploying latest global solutions locally for enhancing performances, significantly upscaling outputs and driving business growth for our wide range of customers.

“Eunisell is promoting a new technology called the Sage Rider PMT (paraffin melting tool) that is ingenious and charting a new course in the well intervention space in terms of wax and paraffin cleaning from oil wells. This has proven to reduce operational time and cost by 70%, with 99.8% effectiveness and efficiency.”

“The Sage Rider Paraffin Melting Tool can reach an extremely high temperature to renew the well to full bore drift. As a revolutionary solution, the Paraffin Melting Tool eases the cleaning and maintenance of wells susceptible to paraffin build-up to increase production and efficiencies.

“Engineered as a rechargeable battery powered tool, the Paraffin Melting Tool performs on all forms of wireline, including slickline, braided line, and e-line utilizing a cutting system along with heat that can reach greater than 315°C (600°F), and easily removing costly paraffin.”

Further highlighting benefits of the new solution, the Eunisell boss said, “This new approach aids in getting tubing to achieve full drift, reduces maintenance time and frequency, increases tubing production efficiency, allows logging and well servicing operation to perform as designed and extends time for paraffin to build back up.”

In addition, Eunisell has also partnered global industry leaders in deploying cutting-edge water treatment solutions for delivering high quality streams and precision cleaning needed to meet the most rigorous specifications for water, food, beverage and industrial hygiene including bio-degradable aluminum beverage cans.

Ikenga who founded the Eunisell Group including Eunisell Limited and Eunisell Interlinked Plc also noted that the company’s vision remains being the leading specialty chemicals, engineering solutions and environmental management provider in Africa, offering a full range of technical services to complement wide range of specialty products.

“In line with high ethical standards and regulatory compliances, our ISO 9001:2015 and TRACE International certification for anti-corruption compliances are a significant testament for Eunisell, underlining its resolve to sustaining global best practices in quality management systems, processes and service delivery in a manner that truly promotes green environment and assures overall human and environmental safety,” he concluded.

https://businessday.ng/news/article/eunisell-restates-commitment-to-innovations-highlights-latest-pmt-solution/https://guardian.ng/news/eunisell-boss-ikenga-restates-commitment-to-innovations-highlights-latest-pmt-solution/https://www.thisdaylive.com/index.php/2021/11/22/eunisell-gmd-ikenga-restates-commitment-to-innovations-highlights-latest-pmt-solution/

Eunisell Bags BusinessDay’s Nigerian Investor Value (NIVA) Award 2021

It was an exciting moment of reward for efficiency and resilience when Eunisell Group clinched the ‘Next Bull Award’ at the 2021 edition of the Nigerian Investor Value (NIVA) Awards organised by BusinessDay Media Limited and the Nigerian Stock Exchange.

The highly coveted Award was in recognition of Eunisell’s impressive growth, market reputation, regulatory compliance, visionary leadership, operational efficiency and corporate governance.

The Nigerian Investor Value (NIVA) Awards, formerly known as the Top 25 CEOs & Next Bulls Awards, celebrates CEOs of public companies who have created sustainable alpha-generating value through strategic intelligence, operating efficiencies, market leadership and organisational values.

Winners are selected by a proprietary survey carried out by the BusinessDay Research and Intelligence Unit (BRIU) with respondents including equity analysts, retail and institutional investors, financial journalists, sectoral experts and professional advisers.

Speaking on the feat recently, Eunisell’s Group Managing Director, Mr. Chika Ikenga said the recognition was for management and staff of Eunisell group for their relentless service, unwavering commitment and passion to add value to customers businesses which have seen the group grow significantly for over 27 years.

Ikenga who founded the Eunisell Group including Eunisell Limited, Eunisell Interlinked Plc. and Recare Limited also noted that collaboration and robust engagements with customers and partners have remained pivotal to its success story.

“As a proudly Nigerian brand with global competencies and network, for over 27 years we have consistently and diligently delivered world-class solutions in the specialty chemicals, oil and gas engineering production solutions, water treatment, industrial equipment leases and other allied areas of the energy sector across West Africa for our customers operating in a vibrant and ever challenging African business environment.

“Eunisell remains committed to high ethical standards, regulatory compliances, top-notch technical expertise and global best practices in quality management systems, processes and service delivery in a manner that truly promotes green environment and assures overall human and environmental safety,” he remarked.

Since the first edition in 2014, the annual NIVA awards have served as a capital markets bellwether used in identifying the best performing chief executive officers and stocks on the

Nigerian Stock Exchange as well as leading privately-held companies.

Businessday Publisher, Frank Aigbogun stated that the award was a testament to the resilience of the winners and the stable structures put in place to keep the companies running despite prevailing circumstances. He also commended efforts in supporting communities.

“NIVA celebrates chief executives who through sound strategy, disciplined execution, world-class governance and adoption of a customer-first ethos have delivered alpha, thereby creating competitive shareholder value.

“While businesses wrestle with a volatile national economy and the aftershocks of the second wave of COVID-19, there are gems of resilience and pearls of grit that sparkle on the bourse. These stocks have sustained the residue of confidence in the Nigerian Stock Exchange after a year marred by unprecedented disruptions.

“Participating organizations were required to submit entries for the NIVA Awards. This availed them the opportunity to present themselves for an independent audit of shareholder value creation that gives shareholders the reassurance of the Seal of Good Housekeeping. Winners emerged through a transparent, credible process,” organisers noted.

The award ceremony held earlier in 2021.

 

2017/2018 Season: Eunisell, Rivers United FC Unveil New Jersey

Eunisell Limited and Rivers United Football Club have launched the new Eunisell-branded jersey for the 2017/2018 football season. The unveiling, which held at Renaissance Hotel, Ikeja, Lagos, on Monday, December 4, 2017, attracted a good number of football stakeholders and the sports media.

In a welcome address, Eunisell’s Chief Financial Officer, Mr. Charles Etuk, expressed delight over the extension of the shirt sponsorship deal, emphasizing ‘consistency’ as one of the company’s core values, and this has been demonstrated in its sponsorship relationship with the football club. He encouraged the Club to achieve more and make the company proud.

Speaking, Mr. Chika Ikenga, Group Managing Director, Eunisell Limited, said the company was pleased to renew its sponsorship, which was a result of the company’s belief in the Club. Mr. Ikenga explained the entertainment and business sides of football while stressing that success in football largely depends on hard work and sacrifice.

He urged Rivers United to “work harder and make the required sacrifice”. He stated, “You must find the strength to push forward and be the best”. Mr. Ikenga charged the team to win the trophy.

In a remark, the General Manager of Rivers United, Chief Okey Kpalukwu, congratulated the company upon its recent Nigerian Professional League Bloggers Award and described the company as “consistent”, “principled” and “involved” in sports. Chief Kpalukwu thanked Eunisell and attributed the Club’s success, in recent times, to the unflinching support of the company.

He, however, assured the company: “We are not going to disappoint Eunisell. This time, we must compensate them by achieving more. We will not relent as stakeholders of the league”.

Mr. Harry Iwuala, representing the League Management Company, commended Eunisell for its consistent sponsorship. In his words: “Eunisell is one of the pillars in corporate football sponsorship”. He urged companies to invest in clubs as it helps in boosting performance.

When interviewed, the Team Captain, Festus Austin, also known as “Koboko”, said the sponsorship had been a morale booster for the players. He apologized for the team’s poor performance in the last season and added, “We must go for trophy this coming season”. After the unveiling, there was a photo session and attendees had lunch afterwards.

Eunisell Gets Award for Longest NPFL Shirt Sponsor

Eunisell Limited, a leading Africa-focused specialty chemicals and oil and gas solutions company, has just added another award to its kitty of achievements. The company was given an award for Longest Front-of-Shirt Sponsor in the History of the Nigerian Professional Football League, NPFL. The award event, which took place at Sheraton Hotel, Ikeja, on Tuesday, November 28, 2017, was organized by the NPFL Bloggers.

According to the organizers of the event, this is a Special Recognition Award for Eunisell’s consistent sponsorship of Rivers United Football Club and contribution to the growth of NPFL. Receiving the award, Mr. Kalu Uma, who represented the company’s Group Managing Director, Mr. Chika Ikenga, commended the organizers for the League Bloggers Awards (LBA), an initiative conceived to celebrate outstanding players, managers and corporate bodies promoting the development of the NPFL.

Mr. Uma, on behalf of the GMD and the Eunisell team, thanked the organizers and pledged Eunisell’s unwavering support to Rivers United FC and the entire NPFL”. Uma said he hopes to see more corporate sponsorship of Nigerian football clubs, to make the league more attractive. He urged other companies to toe the line of Eunisell, a company that is already making history as a shirt sponsor.

In his words: “Our desire is that by this time next year, we will have more people following the league, so that our league will become more attractive and profitable”.

Only recently, Eunisell renewed its shirt sponsorship deal with Rivers United FC for the 2017/2018 football season.

Eunisell Renews Rivers United Shirt Sponsorship Deal

Africa-focused and leading specialty chemicals and oil and gas solutions company, Eunisell Limited, has renewed its front-of-shirt sponsorship with Rivers United Football Club for the 2017/2018 season. The signing of the renewal agreement took place at the company’s head office in Victoria Island, Lagos, with representatives of both parties in attendance.

In an opening remark, the Chief Financial Officer of Eunisell, Mr. Charles Etuk, said Eunisell expects Rivers United to justify the company’s investment in the Club by improving its performance this coming season and possibly winning the Nigeria Professional Football League Title. In his words: ‘‘We want an improvement in Rivers United’s performance to justify our sponsorship.’’

The General Manager of the Club, Chief Okey Kpalukwu, expressed gratitude to the company for the support which, according to him, has been a strong motivation for the success they have achieved since Eunisell started its sponsorship relationship. Kpalukwu promised an improvement in his club’s performance. He said, “We will not fail you; our performance will not disappoint you this coming season,” adding that the Club had also recorded some success at the continental level.

The agreement papers were signed by Mr. Charles Etuk for Eunisell and Chief Kpalukwu for Rivers United. Also in attendance were Mr. Kalu Uma and Mr. Stanley Olisa, both for Eunisell, and Ahmed Abdulrahman, Rivers United General Secretary. Eunisell has been the front-of-shirt sponsor of Rivers United since the 2015 football season.

Eunisell Educates Customers on Automotive, Transmission and Industrial Fluids

Eunisell Limited, Africa’s leading specialty fluids management company, organized a one-day technical training for lubricant additives customers, as part of its efforts to raise the participants’ technical awareness of the lubricant market to enable them have a better understanding of the link between engine design and lubricant performance, and also beef up their knowledge of global trends in the downstream sector of the Oil & Gas industry. Currently in its 15th year, the event held at Renaissance Hotel, GRA, Ikeja, Lagos, on Friday 22, September, 2017 with the theme: “Advances and Trends in Automotive, Transmission and Industrial Fluids.”

Speaking on the event, Ramesh Hullur, Chief Executive Officer of Eunisell Limited, said the training has been designed to help participants gain cutting-edge knowledge on trends and developments in the automotive, transmission and industrial fluids market. “This training is very essential and is meant to bring together professionals who are into blending of lubricants and other petroleum and allied products in Nigeria, with a view to bringing them up to speed with industry developments and technological breakthroughs that have led to the advancement of additives and lubricants in other parts of the world,” he said, adding that the seminar creates a veritable platform to access latest information on specialty fluids, thereby enhancing application expertise.

Iain Fraser, Chief Executive Officer of Eunisell International, who was also at the event, expressed the company’s determination to see Nigeria benefit from the development of the downstream sector while the participants are also empowered with quality knowledge. He said: “Nigeria must not be left out of the developments in the downstream sector; this is why we carry out such trainings

 

for various organisations at no cost. We have done this every year for the past 15 years, empowering participants with requisite knowledge to guarantee the production of top quality lubricants for automobiles and industries in Nigeria”.

Hullur spoke on “Eunisell in Africa and ‘Industrial Gear Oils, Hydraulic Oils’” while Fraser spoke on “Base Oils and Viscosity Modifiers.” Franklin Oranusih, Chief Production Chemist, Eunisell Limited, spoke on “Automotive, Gear Oils and Automatic Transmission Fluids.”

Eunisell has been supplying key products and solutions to a wide base of customers operating in Africa since 1996 and is a major supplier of oil fields chemicals such as demulsifiers, corrosion inhibitor, water clarifier and sludge breaker to local and international oil companies including Shell, Total, NPDC, Network E&P and Oando.

Eunisell Successfully Completes TRACEcertification, an internationally recognized due diligence review, for the fifth consecutive year

Specialty fluids management company, Eunisell limited has for the fifth time completed TRACEcertification, a comprehensive due diligence review and analysis administered by TRACE, the world’s leading anti-bribery standard setting organization. Certification by TRACE signifies that Eunisell has completed an internationally accepted due diligence procedure and has been forthcoming during the review process. A TRACEcertification review includes screening of directors, partners and employees occupying management positions, a watchlist and reputational check, adoption of an Anti-Bribery Code of Conduct, as well as the completion of online anti-bribery training. As part of the review process TRACE also collects business and financial references.

While commenting on the completion of their 2016 TRACEcertification review, the Chief Executive Officer, Eunisell Chemicals, Mr. Ramesh Hullur noted that the company has made every effort to operate in compliance with international standards and best practices since it began operations in fluid solutions for the oil and gas and manufacturing industry almost 2 decades ago. “We are not new to business in Nigeria and other parts of the world, although there are peculiarities in each market, our standards and policies are never compromised.” he said, adding that Eunisell has successfully completed the TRACEcertification process for 5 years consecutively since 2011.

TRACEcertification underscores Eunisell’s commitment to commercial transparency and anti-bribery compliance.

 

 

About TRACE

 

TRACE International and TRACE Incorporated are two distinct entities with a common mission to advance commercial transparency worldwide by supporting the compliance efforts of multinational companies and their third party intermediaries. TRACE International is a non-profit business association that pools resources to provide members with anti-bribery compliance support while TRACE Incorporated offers both members and non-members customizable risk-based due diligence, anti-bribery training and advisory services. Working alongside one another, TRACE International and TRACE Incorporated offer an end-to-end, cost-effective and innovative solution for anti-bribery and third party compliance. For more information, visit www.traceinternational.org

Eunisell display technical competence at 2015 SPE Conference and Exhibition

Africa focused oil and gas firm, Eunisell has restated its commitment to support local content in the oil and gas industry, particularly among marginal field operators in the country, with a view to early production in oil and gas marginal fields.

 

In an interaction during a technical session at the Society for Petroleum Engineers Conference and Exhibition in Lagos, the General Manager of the company, Engr. Patrick O’Callaghan stated that the changing times in the oil and gas industry now requires companies to embrace partnership, and innovation, if they must are to stay profitable. “The dwindling oil price is a major topic here today, companies are cutting cost and so the modus operandi has to change in many ways as finance, cash flow, releasing value from stranded assets, have become some of major concerns of operators today.  This is one of the reasons we are at the conference and exhibition to show stakeholders our central production facility which was built for Network E&P in a record time of 90 days from which significant quantities of oil from the field have been produced within the last 5 months”

 

He further explained, that a combination of modular construction processes and lease, operate, and own agreement has been a good choice for the field owner who is reaping the benefits of a producing asset while spreading the capital costs required.

 

“During the option period, the operator enjoys a reliable operation, gains valuable insight into his production profile, and can effectively manage his cost of managing, operating, and running the facility. This provides the opportunity to build equity that can be invested in adding additional assets”. O’Callaghan added that about a month ago, the company recorded 100,000 man hours at one of its facilities without any loss time incident which he attributed to the professionalism, quality of staff and a sound health and safety policy of the company.

 

Also conducting participants and delegates round the exhibition booth, the General Manager, Eunisell Chemicals, the specialty chemical arm of the company, Ruary McGregor pointed out that the company in the last 18 years has supported the oil and gas industry both IOCs and Nigerian companies with a range of speciality chemicals including production chemicals as well as produced water and potable water treatment and analytical services.

 

The 39th edition of the SPE NAICE had the theme Natural Gas Development and Exploration in an Emerging Economy – Strategies, Infrastructure and Policy Framework. The annual event attracted a host of attendees, delegates and exhibitors from across the world.

Eunisell Becomes Shirt Sponsor of Sharks Football Club

Nigeria Premier League team, Sharks FC of Port Harcourt has unveiled their new Eunisell branded jerseys which will be used when the season currently on a two-week break resumes in August.

 

Speaking at a grand event which held in Lagos on Tuesday, the Group Managing Director of Eunisell, the official shirt sponsor of the club, Mr. Chika Ikenga said his company went into the sponsorship deal to support local football and encourage the team to play better football. Chika noted that “sports have a key role to play in solving many of the current issues in Nigeria. If more individuals and corporate organisations will rise to support our local football, the opportunities to develop talents, create jobs and unite us further as a nation are limitless”.

 

He further advised Nigerian teams to develop a more strategic marketing plan for corporate organisations in order to ensure they get the much desired sponsorships.

 

Also commenting, the Chairman of the League Management Company (LMC) and Vice President of the Nigeria Football Federation (NFF) Mallam Shehu Dikko expressed satisfaction with the way the deal was reached while also calling on other firms to come forward to exploit other sponsorship windows in the league. “We are very excited having our clubs breaking new grounds on how to raising funds from the corporate world. This is a good development for sports in Nigeria and we are happy with it” he said.

 

On his path, the General Manager of the club, Chief Okey Kpalukwu thanked the company for the sponsorship and assured of his team’s better performance following the deal. ”The players have a very high morale right now and you will begin to see positive changes in the way we play” he noted.

 

While fielding questions from the media, both parties did not comment on the value of the sponsorship but it was revealed a one year renewable contract was signed.