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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...
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Gunmen attacked Senator Ubah, many feared dead

The Senator, representing Anambra South District, Ifeanyi Ubah has escaped death by whisker on Sunday night.

His convoy was attacked  at Enugwu-Ukwu community in Njikoka Local Government Area of state,  a development, which resulted into death of unspecified number of his orderlies.

Punch report said that about six policemen were gunned down in the shoot-out between the gunmen and police operatives.

According to the report, some observers believe that the attack could have been a premeditated assassination attempt on the lawmaker.

“Senator Ifeanyi Ubah was attacked today by some hoodlums in Enugwu Ukwu. It was a calculated attempt. It wasn’t an impromptu action. The policemen were about four in the convoy and they were attacked.

“All their arms were collected. The boys that spearheaded that attack were about nine in numbers.” An eye witness said.

“He survived it but there are casualties. Some policemen in his convoy were killed. I just spoke with him. He’s okay but told me there are casualties.” A close friend of the senator said

Senator Ubah could not be contacted on phone for his reaction to the incident as his line was unreachable as at the time of filing this report.

Meanwhile, the state police command has confirmed the incident. Spokesperson of the command, DSP Toochukwu Ikenga, said claimed that the casualty figure were still unknown but confirmed that there was an attack on the men of the command at Enugwu-Ukwu.

“The Commissioner of Police Anambra State Command, CP Echeng Echeng, has led police operatives to the scene of the shootings in Enug-Ukwu, although the details of the incident are still sketchy. Operatives are on the ground there as operations are going on and the situation is being monitored. Further details shall be communicated please.” Ikenga said 

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