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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...

Shell distributes $1m relief materials to flood victims, advises others to follow suit

PHOTO AND CAPTION


Okunbor 

 Shell has started distribution of $1million relief materials to victims of flood in the Niger Delta region, just as the International Oil Companies  (IOC) and other stakeholders called on Nigerians to follow suit, 

Speaking on the issue, Country Chairman, Shell Companies in Nigeria and Managing Director, The Shell Petroleum Development Company of Nigeria Limited (SPDC), Mr. Osagie Okunbor, said that it would be a good thing, if other corporate institutions supported the victims during their difficult times. 

Okunbor, while speaking during the distribution of relief matr to victims at Ahoada, Rivers state, recently, noted that Shell commenced distribution of relief materials to some impacted communities in Rivers, Bayelsa, Delta and Imo states.

He said that: “Shell is providing these relief materials because we do not want you to go through this sad experience alone as government and concerned institutions continue to work to make life go back to normal.”

Adding that:  “This must be a most horrifying period for you, not being able to go about your normal lives and being exposed to all manners of health and livelihood challenges. He urged the affected people to, please, utilise the services of our medical outreach. They are very experienced and have been providing similar services across the Niger Delta to hundreds of thousands of people via our programmes.”

 Represented by SPDC Corporate Lands Manager, Mr. Trevor Akpomughe, he said “This flood disaster affects many communities across Nigeria. For us, at Shell, we are providing support to people who are in communities where we have Shell operations and in IDP camps. You are our immediate neighbours and, as we have always shown, what affects you, affects us. So, these relief materials and medical outreach programme that we are providing to you, we are also providing them to other affected communities in Rivers, Bayelsa, Delta and Imo States.”

Earlier, Shell had announced that it would be spending one million US Dollars ($1million), exclusive of its joint venture partners in Nigeria, to support government’s efforts to provide relief to people impacted by the current flood disaster. This programme has started in Ahoada, Rivers State where the Chairman of Ahoada East Local Government Area (LGA), Benjamin Eke, and representatives of the paramount ruler, Eze Kelvin Anugwo, were on hand to receive the materials.

The LGA Chairman, Eke, said “My sincere appreciation to SPDC for this timely intervention. By this gesture the company should be seen as one that shows it cares for the people in this area. I want to personally thank SPDC for the robust medical attention and it is our hope that this gesture will ameliorate the hardships faced by the victims of the flooding in our communities.”

 He said, “We wish to re-assure you of our commitment to partner with our key stakeholders in bringing the desired development to our host communities. Thank you for your understanding and we hope to see the situation return to normalcy soon. We assure you that there will be peace here and you will have a very smooth operation.”

At the ceremony in Ahoada, Shell provided medical items that included pain-relieving creams and lotions, anti-diarrhea tablets, multivitamins, eye ointment, disposable face masks, antivenom for snake bites, vaccines against tetanus and mosquito repellant creams. The company also provided bags of rice, iodized salt, garri, beans, beverages, infant supplements, sachet water, cartons of noodles, vegetable and palm oil; toothpaste, sanitary pads, towels, antiseptic soaps, diapers, washing soap; mattresses, blankets, mosquito nets, plates and cups, buckets etc.

Similar to 2012 and 2018, when flood also displaced people in the region, staff of Shell companies in Nigeria are supporting the company’s donation by contributing towards a voluntary fund for the purchase of additional relief materials for impacted people.



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