NETCO is the engineering subsidiary of NNPC established in 1989 to acquire engineering technology through direct involvement of the parent corporation in all aspects of Engineering in the Oil and Gas and non-oil sectors of the economy.
NETCO’s vision was outlined to become Nigeria’s premier indigenous Engineering Company with the strategic vision of providing Basic/Detailed Engineering, Procurement, construction Supervision and Project Management capability, using state-of-the-art technology. From concept studies to detailed Engineering, NETCO offers the complete range of Engineering disciplines required for robust, innovative and cost efficient Greenfield development and modification / re-qualification of ageing offshore assets required to produce beyond original design life
Until 1997 it was a JV between Nigerian National Petroleum Corporation (NNPC) and American corporation Bechtel, Inc. NNPC purchased Bechtel’s shares thereby making NETCO a wholly- owned subsidiary. NETCO provide design and Engineering services across the life cycle of oil and gas assets. 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)
NETCO in strategic alliances with qualified and tested companies, is presently venturing successfully into the EPCI (Engineering, Procurement, Construction and Installation)
For more information about this company, please visit: “http://www.dev.nnpcgroup.com/netco”