In the oil and gas sector, invested capital declines in value unless the machinery is being properly maintained. This projected loss therefore emphasises the need to develop the competence and know-how for repairing equipment on site, while at the same time save foreign exchange and improve production figures, analysts have said.<\/span><\/span><\/p>\n As part of contributions to create an enabling environment for the growth of the oil and gas industry in the country, Tricontinental Technologies which offers maintenance, repairs, construction and other engineering services, has stated its capacity to reduce downtime caused by the poor maintenance of equipments in the Nigerian oil\/gas industry.<\/span><\/p>\n In Prof. Toyin Ashiru, Chief Executive Officer of the company\u2019s words, “We help to extend the lives of equipment, pipelines and facilities used in the oil and gas industry by providing proper maintenance services including design, building and inspection as well as quality management for the oil industries. We also ensure that the contractors provided the best possible services that would extend lifeline of equipment and facilities in the oil industry to avoid plant shut-down”<\/span><\/p>\n