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...

Eko DisCo to Deceased Family: We did not abandon Balogun in his trying moment


By Akinola Ajibade


Eko Electricity Distribution Company has absolved itself from the death of one of its contract staffs,  Yusuf Balogun.

The utility company, in a statement, said that it never abandoned Balogun, who died at a Lagos based medical center, following an accident which occurred in one of its installations. 

The deceased, the firm said, was a member of the field team engaged under a contract for services with a third-party human resource service provider – Alexandra Marius.

According to Eko Electricity Distribution Company, while denying the allegation levied against it that it abandoned the deceased by an online publication in its most trying time, it stated that as a responsible organization, its priority has always been to optimally protect all members of our field team, consistent with applicable health and safety standards.

It also said the incident occured while the deceased was working on it BAGCO 11kV feeder, not at the home of Babatunde Fashola, a former governor in Lagos state.

Also, Eko Disco' s General Manager in Charge of  Corporate Communications,  Babatunde Lasaki said: 

 “The publication, which accused the management of Eko Electricity Distribution Company of abandoning the deceased in its critical moment, is not saying the truth. The report, which came to our attention after its was published is false and misleading.

The reporters of the media house did not reach out to Eko DisCo to provide comments before the publication was put out. However, with the publication in circulation, there is the compelling need to clarify the untrue insinuations that have been made.” 

“To put the facts in perspective, the deceased was a member of the field team engaged under a contract for services with a third-party human resource service provider – Alexandra Marius, the deceased employer

 As part of Eko Disco’s process, the events that led to the incident were extensively investigated and the following was established:

The incident occurred while the deceased was working on replacing a damaged Cross Arm on BAGCO 11kV feeder, which tripped in the early hours of Monday, March 17, 2023.”

 It stated that contrary to the deceased employer’s and Eko Disco`s safety standards, he and his team at Ijora District embarked on clearing the fault without obtaining permit to work (PTW), Station and Guarantee both of which represent official approval for fault clearing.

 “Also contrary to the laid down safety standards by both the deceased employer and Eko DisCo, the deceased did not utilize voltage detector nor tease/ground the electric lines to ensure that the lines were out of supply before commencing fault clearing. The deceased was also not putting on any safety wears such as hard hat, hand gloves, safety belt, and coverall that were adequately made available by Eko Disco.

 Unfortunately, while fixing the fault without complying with above-established safety standards, the deceased had contact with an energized line and received a severe electric shock.

The deceased was quickly assisted by his colleagues to disengage from the energized lines.”

  He became unconscious and was immediately rushed to Avon Medical Centre, Bode Thomas, Surulere, Lagos for medical attention. Thereafter he was referred to Federal Medical Centre Ebute Metta, Yaba, Lagos for further medical attention but was confirmed dead a few minutes to his arrival at the hospital on Monday, March 27, 2023.

 “The necessary legal and disciplinary processes have been set in motion against the distribution team involved in carrying out the unapproved task with the Deceased without complying with safety standards laid down by both Eko Disco and Alexandra Marius, the deceased employer.”

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...