Skip to main content

Oando Acquires Oil Block In Angola

Oando Plc  Favour Ifeoluwa & Akinola Ajibade  Oando Plc  says it has completed and won the bid for the operatorship of oil block KON 13 in Angola. The firm which recently acquired Eni of Italy’s oil assets in Nigeria, said that the award of the oil block located in Angola’s onshore Kwanza Basin followed a competitive bidding process by the country’s oil and gas sector regulator. It further said hat the asset in which it owns 45 per cent participating interest, has estimated prospective resources of 770 to 1,100 million barrels of oil. Oando is handling its operations relating to the asset through its upstream subsidiary, Oando Energy Resources (OER). “Oando Plc,  Africa’s leading indigenous energy solutions provider listed on both the Nigerian Exchange Limited and Johannesburg Stock Exchange is pleased to announce that its upstream subsidiary, Oando Energy Resources (OER), has been awarded operatorship of Block KON 13 in Angola’s Onshore Kwanza Basin, following a...

Ikeja Electric loses a technician to death

Ikeja Electric loses a technician to death 

Ikeja Electric technician

By Akinola Ajibade

A field  technician attached to Ikeja Electric has lost his life, while fixing wires on the electric pole in Igbogbo, Ikorodu Local Government Area of Lagos state.

Named Matthew Umokoro, the technician was working on the electric pole to enable residents of the Itedo Oluwa Community Development Association have access to power when the pole suddenly broke.

It was gathered that the 42-year-old technician was rushed to the Akinbola Hospital where he was confirmed dead.

The Head of Corporate Communications, IE, Felix Ofulue, who confirmed the incident, said the firm has commenced an investigation and safety assessment of the incident.

Ofulue said: “One of our staff, a field technician, suffered a fatal accident while working on an electric pole. He was rushed to a hospital, but unfortunately, he passed on.

“It is a tragic situation and we deeply commiserate with his family and friends. Already, we have commenced an investigation and safety assessment of the situation to determine what went wrong.

“Safety is a critical aspect of the company’s culture and it is paramount that every technician is fully kitted in personal protective equipment whenever they are on the field.

“The company will spare no cost to ensure that staff members are protected in their line of duty due to the sensitive nature of the task.”

Also speaking on the incident, the Lagos State Police Public Relations Officer, Benjamin Hundeyin, disclosed that Umukoro’s corpse had been deposited in the Ikorodu General Hospital’s mortuary.

Hundeyin stated: “The incident happened on Monday, June 13, 2022. Matthew Umukoro’s colleague visited the station and reported that he was working on an electric pole around 3pm, but in the process, the pole got broken and he fell.

“He was immediately rushed to a hospital, but was pronounced dead by the doctor on duty.”


Comments

Popular posts from this blog

HAPPY 70 TO ELDER ADE ADEDAMOLA OGIDAN

PLATINUM BIRTHDAY ANNIVERSARY OF ELDER ADE ADEDAMOLA OGIDAN, A FOREMOST JOURNALIST & EDITOR By Favour Ifeoluwa & Akinola Ajibade Like a new born child, beaming with smiles for coming out of his mother's womb in order to live a fulfiled life, the celebrator,Ade Ogidan fits perfectly well into this category. Simply known as AAO, a shorten form of Ade Adedamola Ogidan, the thorough based journalist is without doubt, a  well grounded newsman.. With Bachelor of Science ( BSC) Degree in   Sociology and Anthropology( 1976 ) from University of Nigeria, Nsukka,  Ogidan has cut his teeth well in Journalism. Prior to this, he  taught in Osogbo Grammar School and worked at the Nigerian Communication respectively  after his youth service, a development, which no doubt prepared  him well for journalism profession and other future engagements. Pragmatic, resilient and outspoken, where it matters, Ogidan ensured  that his tenure as the first C...

Oil Block: Why Fed Govt Prioritises Production Bonus To Attract Local & Foreign Investors

Oil Blocks: Why FG Prioritizes Production Bonus to Attract Local and Foreign Investors By Ibrahim Musa The Federal Government has emphasized production bonus, which refers to the payment by an operator to a host country upon achievement of oil and gas production, as a strategy for attracting investors to bid for Nigeria’s oil blocks. Previously, the government relied on a high signature bonus, which refers to a single, non-recoverable lump sum payment made upfront by oil companies for their rights to develop oil blocks, as an option for maximizing revenue generation, thus discouraging investors with limited resources from bidding. Currently, the Nigerian Upstream Petroleum Regulatory Commission, NUPRC which regulates activities in the nation’s oil and gas industry, has removed all entry barriers to attract massive investments. This strategy aims at growing oil and gas production, enhancing Nigerian Content Development, attracting Foreign Direct Investment, contributing to l...

Axella Plans To Deepen Gas Utilisation in Nigeria

Axella' s Director of Business Development, Mr Franklin Imole By Favour  Ifeoluwa & Akinola Ajibade Axella's Gas Processing Plant announces Final Investment Decision ( FID) to develop a 50 MMASCF/D Gas Processing Plant, with h a view to deepen utilisation of gas  in the country. The firm, which is situated  in 0ML 56 in Delta State,  said that its making strategic investment in order to ensure that gas is available for industrial use in Nigeria. Situated in  Delta State, Southern Nigeria and billed to commence operation by the end of 2024, the facility, Axella' said, boasts of 12 MMSCF  Modular Plant with an interconnection pipeline network of about 4kilometres alongside other ancillary infrastructure. The facility, the company added, is expected to commence operation by the end of this year. Speaking on the plant ,  Axella's  Director of Business Development, Franklin Imole said: " As the Federal Government continues to pursue its...