Eni lifts force Majeure on gas exports By Akinola Ajibade

Italian energy group Eni (ENI.MI), yesterday said that it has lifted a force majeure on gas exports from Okaka in Bayelsa state, Southsouth Nigeria.

News Mirror reports that the force majeure, which lasted for 10 days was announced after the firm repaired a vandalised pipeline that earlier resulted in the loss of 5 million standard cubic metres per day.

For the period of 10 days, the loss on the pipeline amounted to 50 million scuf, data compiled by News Mirror showed.

Eni declared force majeure on April 6 after the Ogboinbiri to Obiafu/Obrikom gas line operated by local unit Nigerian Agip Oil Company was damaged by a hacksaw cut, resulting in the loss of 5 million standard cubic metres per day.

A spokesman for Eni said in a statement that operations had been fully restored this week.

Disruptions to oil and gas production are common in the oil-rich Niger Delta region, where pipelines are often vandalised and crude stolen for illegal refining.

Comments

ICPC Will Not Hesitate to Deal Oil Racketeers

By Favour & Akinola Ajibade Oil racketeers will henceforth face prosecution and subsequently sentenced to prison, in the event that the decision of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) stands by its decision to completely eradicate such activities in the country. This happens as ICPC secured a seven year conviction for two fraudsters, Aso Adasa Morrison and Frank Biobarakuma recently. The body in a statement signed by its spokesperson, Mrs. Azuka Ogugua and made available to the media, said the two suspects were first arraigned sometime in March 2013 before Hon. Justice B. A. Georgewill of Rivers State High Court 16 on a 17-count charge bordering on conspiracy, forgery and obtaining false pretence regarding transactions in crude oil in Nigeria She said the court was informed of how the convicts and others at large between the month of March 2012 and February 2013 in Port Harcourt, fraudulently obtain...

Tinubu Swears - In Idris, Umahi, Wike, Festus, Edun, 40 Others As Ministers

By Favour & Akinola Ajibade President Bola Ahmed Tinubu, yesterday (Monday 21) sworn - in 45 ministers at Aso Rock Villa, saying they are welcome to the administration of renewed hope. In his address, the President said the ministers were carefully selected for the job, adding that their track records were good and excellent for the tasks assigned to them. He admonished them not to see themselves as ethnic or tribal ministers but ” ministers of the Republic of Nigeria”. He challenged the appointees to hit the ground running from the moment they were sworn in. The ceremony that lasted two and half hours was anchored by the Special Adviser to Tinubu on Media and Publicity, Aguri Ngelale, by first reading the citation of the Ministers, followed by oath-taking , appended their signature on a register, proceeded for Presidential handshakes and picture with Mr President.

SHELL PHOTOSTORY-2 ( LAKOWE GOLF COURSE, LAGOS

L-R: General Manager, Safety and Environment, Shell Nigeria, Elozino Olaniyan; Vice President Midstream, Henry Bristol; former Managing Director, Shell Nigeria Exploration and Production Company Limited (SNEPCo), Chike Onyejekwe; SNEPCo Managing Director, Elohor Aiboni and Shell Nigeria Vice President, Human Resources, Olukayode Ogunleye, at the Golf Kitty retreat organised for serving and retired leaders of Shell Nigeria at the Lakowe Golf Course, Lagos… recently. A cross section of serving and retired leaders of Shell Nigeria at the Shell Nigeria Golf Kitty Retreat held at Lakowe Golf Course, Lagos… recently.

Egbin- Operators: Drive Seamless Growth In The Sector

By Akinola Ajibade Egbin- Operators: drive seamless growth in the sector Egbin Power Plc is seeking rapid improvements in the ways and manners, in which electricity is being generated, distributed and transmitted in the country. The firm recently inducted thirty graduate trainees in order to achieve this goal. Picked from different universities across the country, the graduates, who are mostly engineers, are expected to undergo trainings in various strategic areas of electricity production in Nigeria and beyond. They include thermal, hydro and renewables. Prior to this, Egbin, a subsidiary of the Sahara Power Group, has inducted over 200 graduate trainees. Speaking at the Energy Training Centre, which is the venue of the induction ceremony at Egbin, the Group Managing Director, Sahara Power, Mr Kola Adesina, said that the firm has succeeded in changing power narratives in the country. According to him, the company has helped in broadening the horizons of many gra...

NEWS MIRROR

Search This Blog

Oando Acquires Oil Block In Angola