Energy
Bayelsa Govt seeks more investments by SPDC
Bayelsa State Government has called for better collaboration with The Shell Petroleum Development Company of Nigeria Limited (SPDC) to enable more investments in the state, and to give more value to the people of Bayelsa.
The state’s Deputy Governor, Lawrence Ewhrudjakpo, made the call during a business meeting with the management of SPDC in Port Harcourt, recently.
“The relationship between Bayelsa State and SPDC is cordial. Thank you for your investments in our state. Thank you for your contributions to support development efforts in the state. But how do we improve on this and bring dividends to our people? There is still so much more to unearth in our state,” the deputy governor said.
He said, “This meeting is to see how we can work together to create a suitable environment for SPDC to operate and generate value for all of us. We wish to collaborate and expand your portfolio in Bayelsa State and to see how we can partner to reduce youth restiveness and tackle the increased use of drugs by the youths in the state.”
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He said the state had recorded a huge success using sports to engage youths in the state so as to keep them away from vices particularly drug abuse and violent crimes. The youths have shown that if we give them encouragement, they can deliver good value.
“For two years now, we have been experimenting with programs to engage the youths towards positive actions, to reduce restiveness. The state government believes that sports is an avenue to dilute criminality and the prevalent use of drugs. Our efforts have started budding and fruits are coming in. Bayelsa came 3rd at the National Sports Festival in Edo State. We have the annual Bayelsa Wrestling Classic. The youths have shown that if we give them encouragement, they can deliver good value.,” he said.
Managing Director, SPDC and Country Chair, Shell Companies in Nigeria, Osagie Okunbor, said, “We support the government’s effort to improve the environment in Bayelsa. Your statement speaks to focus. It means that there is a plan. As a company, we key into your vision because we know that if you are successful, it will help us and help our business environment. We commend you and His Excellency, Governor Douye Diri, for what you are doing to support business in Bayelsa State.”
Okunbor, who was represented by SPDC’s Director and Head, Corporate Relations Nigeria, Mr. Igo Weli, commended Bayelsa State for its successes in sports including the gold medal in Olympic and Commonwealth freestyle wrestling championships won by Baraladei Igali who is currently the state’s commissioner for sports.
He said, “Thank you for coming back home to Bayelsa State to share your wealth of experience. With your Olympic gold medal, you could have been anywhere else in the world enriching yourself. But you chose to come home to be a model to our young people.”
The Bayelsa State Government delegation included Chairman of the House of Representatives Committee on Sports, Tare Porri; Commissioner for Sports and former Olympic and Commonwealth freestyle wrestling champion, Igali; Commissioner Mineral Resources, Dr. Ebiere Jones; and Director of Sports, Braveman Wodi.
Keen on optimising production from the nation’s hydrocarbon assets to boost revenues and meet her OPEC production quota, the Nigerian National Petroleum Company Limited (NNPC Ltd.) and its Joint Venture partner in the Awoba Unit Field, Newcross Exploration and Production Ltd., have restarted production from the Awoba field which last contributed production to the Bonny Terminal in 2021 and was finally shut down in February 2022 due to evacuation issues and crude oil theft.
This was contained in a statement put out on the state oil company’s X handle on Tuesday from Abuja, under the signature of its Chief Corporate Communications Officer, Olufemi O. Soneye.
He asserted that since the restart of the Awoba field by NNPC Ltd and it partners on April 13, 2024; production from the field has averaged 8,000 barrels per day and is expected to plateau at 12,000 per day at full ramp up within 30 days.
Awoba is also expected to significantly boost gas supply to the power sector and other gas-based industries, Soneye added.
Biztellers reports that the Awoba Unit which straddles OMLs 18 and 24 is located in the mangrove swamp south of Port Harcourt, Rivers State. Both OML 18 and OML 24 assets are under the management of the NNPC Upstream Investment Management Services (NUIMS).
Recall that the NNPC Ltd. has been recording a string of production successes from the JV portfolio which have significantly lifted overall national production. Besides the recent start of production at the Madu Field by the NNPC Ltd/First E&P JV, the company has achieved the restart of production at OMLs 29 and OML 18 in late 2023 which have steadily contributed an average of 60,000bpd to the nation’s production output since their restart.
The Group Chief Executive Officer of NNPC Ltd., Mallam Mele Kyari, ascribed the achievement to the President Bola Ahmed Tinubu administration’s success in providing enabling operating environment for businesses to thrive.
He expressed appreciation to all stakeholders (staff, operators, host communities, government security agencies, and private security contractors) who played a pivotal role in achieving the feat.
The Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partner in OML 85, First Exploration and Petroleum Development Company Limited (First E&P), have commenced oil production from the asset also known as Madu Field.
Biztellers reports that production from the field which is located in shallow waters offshore Bayelsa State and operated by First E&P is expected to be at an average of 20,000 barrels per day.
The achievement is a testament to the commitment of the President Bola Tinubu administration to optimise production from the nation’s oil and gas assets through the provision of enabling environment for existing and prospective investors.
According to the Group Chief Executive Officer of NNPC Ltd, Mele Kyari, the commencement of oil production at the Madu Field is a significant milestone that will contribute to the larger goal of meeting the production required to drive revenue growth and boost the nation’s economy.
He commended stakeholders for their support, and opined that the addition of 20,000 barrels per day by an indigenous oil player signals the commitment of stakeholders to achieving economic development for Nigeria.
Recall that the Final Investment Decision (FID) on the development of the Madu Field and a sister field, Anyala, was taken by the NNPC Ltd/First E&P JV in 2018.
Production from the Madu Field will be processed at the JV’s Abigail-Joseph Floating Production Storage and Offloading (FPSO) Unit, which has a crude oil storage capacity of up to 800,000bbls.
Chevron Nigeria Limited (CNL) has denounced stories being peddled around that it is recruiting.
General Manager, Policy, Government & Public Affairs, CNL, E. O. Brikinn, denounced the stories in a statement made available to Biztellers, in which he cautioned that the company will not respond to enquiries about “fraudulent advertisements and job offers”.
It reads, “Chevron Nigeria Limited (“CNL”), operator of the Nigerian National Petroleum Company Limited (“NNPCL”) and CNL Joint Venture, is aware of the circulation of false recruitment information in some media and online channels in the name of CNL and Chevron Corporation, purportedly advertising job positions in CNL.
“Additionally, fraudulent job offers have reportedly been sent through emails, text messages and phone calls by individuals purporting to be staff or representatives of CNL and Chevron Corporation.
“Members of the public are hereby notified that CNL does not solicit job applications or initiate recruitment processes through emails, posters, handbills, text messages, social media, or phone calls.
“Job seekers are advised to always check the company’s website at: http:/www.careers.chevron.com, and the national newspapers for job advertisements from CNL.
“CNL does not and will not require applicants to make any payment towards processing any job application. Job offers requesting candidates to pay money, at any point during the recruitment process, are not from CNL. CNL advises that anyone who receives these fraudulent communications should report them to the appropriate law enforcement agencies.
“CNL hereby dissociates itself from all false job adverts and offers published in any online media platform, web site, email, poster, handbill or any other medium.
“CNL will not respond to enquiries about fraudulent advertisements and job offers.”
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