Niger Delta

Re-opening of OML-25: SPDC, BelemaOil commend FG

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The Shell Petroleum Development Company (SPDC) and the Belemaoil Producing Limited, have lauded the Federal Government for a peaceful resolution for operations to commence at OML-25.


Mr Osagie Okunbor, Managing Director of SPDC Nigeria stated this at Belema, Akuku-Toru Local Government Area of Rivers, during a joint visit to OML-25 host communities with a Federal Government delegation.

Okunbor said SPDC was happy to be back to the facility for operations to commence after two long years of discussions.

“A lot of credit to the Minister of State for Petroleum Resources, Mr Timipre Sylva and the Group Managing Director of the Nigerian National Corporation (NNPC), Mr Mele Kyari for bringing SPDC and Belemaoil together.

“SPDC is in support of what the Minister of Petroleum Resources and the NNPC GMD have said to bring peace to the host communities.

“It is absolutely important for peace to return because in the absence of peace, we will be where we are and nothing will be achieved,” he said.

According to Okunbor, no party is benefiting from the peace that is not found because even Belemaoil, a unit partner is not benefiting.

“So, it was in that spirit that we decided that it was important to sit together and find a way out of the impasse.

“I am very grateful to God that we have found that meeting point for us to work together with Belemaoil and the host communities,” he said.

The SPDC MD said that they had impressed it on Belemaoil to treat everybody well no matter what must have transpired in the course of the challenge.

“The President of Belemaoil should ensure that all sections of the host communities are carried along, and he gave us that commitment.

“So, it is very important that we don’t keep generating more and more crisis because at the end, we are all one for one purpose,” he added.

Mr Tein Jack-Rich, President of Belemaoil commended the federal government for achieving a far reaching reconciliation among the stakeholders of OML-25.

Jack-Rich pledged to carry everybody along no matter the position the parties took.

“Belemaoil will not treat anyone unduly because we need peace to develop the area and put an end to agitations,” he said.

reports that women from Belema, Offoin-ama and Ngeje communities in Akuku-Toru LGA, hosting OML-25 shutdown the facility over SPDC’s failure to develop the area.

OAS/MNA

Edited by Maureen Atuonwu

 

https://nnn.ng/re-opening-of-oml-25-spdc-belemaoil-commend-fg/

Science & Technology

Nigeria @60: FG lauds Nigerians for active participation on anniversary branding challenge

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Nigeria @60: FG lauds Nigerians for active participation in anniversary branding challenge

Anniversary

Abuja, Sept. 17, The Federal Government has hailed Nigerians who actively participated in the creative submittion of ideas for the Diamond Jubilee anniversary branding challenge.

Dr Isa Pantami, Minister of Communications and Digital Economy, made this known in a statement, on Thursday in Abuja.

Pantami said that as part of the government’s initiative of having an inclusive Diamond Jubilee Celebration, President Muhammadu Buhari on Wednesday launched and unveiled the anniversary logo that was earlier presented to the public virtually.

“It may be recalled that a Press Statement was released by the Diamond/Innovation/Change Challenge Sub-Committee of the Nigeria @60 Inter-Ministerial Committee, on Friday Sept. 4.

“It Called for the active participation of Nigerians in voting for the preferred logo as well as the design of the creative aspects of the event.

“We are pleased to note that many Nigerians contributed to the Challenge. Four Logos were made available to the public, on the Challenge Portal – https://nigeriaAt60.gov.ng.

“Analysis of the results revealed that the winning logo attracted 44.9 per cent of the total votes cast. The first runner up received 23.2 per cent of the votes, while the second runner up attracted 22 per cent of the votes,” he said.

Pantami added:“The Diamond Jubilee Logo, to be found on the Challenge Portal, depicts our togetherness, a country of approximately 200 million people whose natural talent, grit and passion glitter together like the precious diamond that we are.

“It is a clear illustration of the saying “we are only as strong as we are united, as weak as we are divided.”

He noted that Buhari, while unveiling the Anniversary Logo, appreciated Nigerians for their active participation and also reiterated government’s commitment in ensuring that citizens were actively involved in the development and implementation of its policies, programmes and projects.

“We want to also inform the general public, especially those who participated in the Challenge by submitting their entries for the Anniversary Slogan, Poem and Photograph, that selection process for these aspects of the Challenge is still ongoing.

“Results will be announced as soon as the process is completed. We thank Nigerians for making it possible to realise the goal of the Challenge.

Edited By: Ali Baba-Inuwa
Source: NAN

 

https://nnn.ng/nigeria-60-fg-lauds-nigerians-for-active-participation-on-anniversary-branding-challenge/

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Oil & Gas

SPDC’s oil production hits 514,000 bpd – Report

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The Shell Petroleum Development Company (SPDC) says it has grown its oil output to an average of 514,000 barrels per day (bpd) and developed additional capacity to produce more.


Mr Osagie Okunbor, the Chairman of Shell Companies in Nigeria disclosed the production data in the oil firm’s 2020 briefing notes made available to the News Agency of Nigeria on Wednesday in Yenagoa.

According to the publication, SPDC achieved the feat in 2019 when its production rose more than 10 per cent to 514,000 barrels of oil equivalent per day (boe/d) due to enhanced exploration and production activities.

On gas production, the SPDC stated it fed the domestic market and to the export market through the Nigeria Liquified Natural Gas (NLNG) plant, adding that it supplied approximately 50 per cent of the NLNG plant capacity.

The company’s gas feed to the NLNG facility in Bonny Island in Rivers comes largely from the Gbaran-Ubie and Soku plants in Bayelsa and Rivers.

According to the publication, gas production from Soku facility increased from 100 Million standard cubit feet per day (MMscf/d) in 2018 to 350MMScf/d in 2019.

The SPDC also stated that the improved oil output was due to addition of 106 producing wells within its oil blocks in the Niger Delta.

The oil firm said that within the period under review, the Trans Ramos Pipeline which conveyed crude to its Focados oil export terminal was re-opened.

It said that the Gbaran-Ubie gas plant in Yenagoa, achieved peak production with 175,000 barrels of oil equivalent per day.

SPDC said it had the largest oil production asset in the country and operated a leased area of 31,000 square kilometres from which it produced while working to increase capability by investing in exploration and production activities.

“The SPDC JV’s assets include 340 producing oil wells consisting 97 land, 181 west and 62 central assets, 56 producing gas wells (10 land, three west and 43 central assets). A network of approximately 4,000 km of oil and gas pipelines and flow lines.

“The assets include 10 gas plants, two major oil export terminals, Bonny and Focados and an additional export facility a shallow water Floating Production Storage and Offloading Vessel christened `Sea Eagle’ currently stationed off Bayelsa coastline, One power plant,” the publication said.

Edited By: Dianabasi Effiong/Grace Yussuf
Source: NAN

 

https://nnn.ng/spdcs-oil-production-hits-514000-bpd-report/
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Oil & Gas

NNPC’s Legal team bags Africa arbitration award

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The Litigation Team of the Nigerian National Petroleum Corporation (NNPC) has won the Leading Case Counsel Team of the 2020 Africa Arbitration Awards.


The corporation disclosed this in a statement by its spokesman, Dr Kennie Obateru, in Abuja on Wednesday.

He said that the award was given to the team in recognition of its stellar performance at the 8th Edition of the East African International Arbitration Conference (EAIC), held in Nairobi, Kenya, recently with participants joining virtually.

“At the conference, which was aimed at promoting commercial arbitration and showcasing African lawyers and law firms, which have performed well in arbitration practice, the NNPC Legal Team gave a presentation on the challenges and lessons learnt from arbitration and the successes recorded.

“Among the successful arbitration cases showcased by the team at the conference were the IPCO (Nigeria) Vs. NNPC in respect of the dispute over the Bonny Export Terminal Project in which 367.5 million dollars was saved after 13 years of litigation.

“Also, the ESSO E&P Nigeria Ltd. Vs. NNPC in respect of the dispute over the interpretation of the Production Sharing Contract (PSC) covering Oil Prospecting License (OPL) 209/Oil Mining Lease (OML) 133 in which the enforcement of 2.7 billion dollars’ claim was dismissed,” he said.

He said that other recent arbitration cases presented at the conference include ESSO & Others vs. NNPC in respect of alleged breaches in interpretation and implementation of the PSC covering OPL 222/OML 138 with over 380.141million dollars saved.

Also, the Atlantic Energy Group vs NPDC in respect of allegation of wrongful termination of Strategic Alliance Agreements over eight OMLs resulting in the award of 1.6 billion dollars in favour of NPDC was also presented.

“Besides the presentation, the NNPC Legal Team’s entry for the Leading Case Counsel Team category of the Africa Arbitration Award was adjudged the best among entries from 100 other institutions across Africa resulting in the award.

“The award is a testimony to the commitment of the Legal Division and indeed the staff of the corporation to the Transparency, Accountability and Performance Excellence (TAPE) agenda of the Malam Mele Kyari-led management of NNPC,” he said.

Edited By: Ifeyinwa Okonkwo/Grace Yussuf
Source: NAN

 

 

https://nnn.ng/nnpcs-legal-team-bags-africa-arbitration-award/
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General news

Yobe Gov inaugurates construction of houses for IDPs

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Gov.  Mai-Mala Buni on Friday in Damaturu inaugurated the  construction of 15 units of two-bedroom semi-detached houses for Internally Displaced Persons (IDPs) in the state.


Buni noted that the project was sponsored by the Nigerian National Petroleum Corporation (NNPC), Shell Petroleum Development Company of Nigeria Limited (SPDC) Joint Venture (JV), Shell Nigeria Exploration and Production Company Limited (SNEPCO) and Total Nigeria Plc.

Represented by Alhaji Bukar Dauda, Commissioner for Housing and Urban Development, he described the gesture as historic milestone in the state’s effort for resettlement, rehabilitation and reconstruction drive.

“No doubt, when completed the 15 units of two-bedroom houses would bring succor to the families of the beneficiaries.

“In this regard, we would like to express our appreciation to Shell Nigeria Limited, Total and NNPC on this noble objective of providing permanent shelter to the victims of insurgency in Yobe State.”, he added.

Buni urged all corporate bodies and well-to-do individuals to emulate the gesture.

In his remarks, Mustapha Abubakar, the Managing Director ‘AB Energy Resources Limited’ and one of the project managers also commended NNPC, Total Nigeria Plc and and SPDC JV for the notable project.

He said the shelter intervention was aimed at providing immediate and medium-term relief to vulnerable host populations and IDPs In selected communities in the state.

“It is a part of the NNPC’s initiative to provide immediate relief and critical sustainable community development that will positively impact the lives of the IDPs.

“And also to support early recovery and rehabilitation of impacted persons into the society.”, he said.

Abubakar called on the state government to support the programme by providing adequate security for speedy completion to put smile on the faces of the beneficiaries.

NAN reports that the NNPC in partnership with SPDC Joint Ventures has spent N315 million on the construction of new and upgrading of structures at Modu Mustapha Primary School Damaturu.

The projects executed are construction of four blocks of four classrooms, administrative block, renovation of one block of three classrooms, supply and installation of solar panels for uninterrupted power, drilling of borehole and reticulations and construction of 10 apartments of toilets among others.

Edited By: Sadiya Hamza
Source: NAN

https://nnn.ng/yobe-gov-inaugurates-construction-of-houses-for-idps/
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