OML 11: Presidency orders NNPC to take over entire operatorship

Disir

Platinum Member
Sep 30, 2011
28,003
9,608
910
Twenty Six years after oil exploration came to an end in Oil Mining Lease (OML) 11 located in Ogoni, Rivers State, the Presidency has directed the Nigerian National Petroleum Corporation (NNPC) to take over the operatorship of the oil asset.

A letter in possession of Daily Sun with reference number SH/COS/24/A/8540 addressed to the Group Managing Director of NNPC, Mr. Maikanti Baru, and signed by the Chief of Staff to the President, Mr. Abba Kyari, directed the corporation to take over the operatorship of OML 11.

The letter further directed NNPC to assume the operatorship of the entire OML 11 from SPDC not later than April 30 2019, and ensure a smooth re-entry given the delicate situation in Ogoniland.

It equally instructed NNPC, represented by its upstream arm, Nigerian Petroleum Development Company (NPDC) to confirm by May 2 of the assumption of the operatorship.
OML 11: Presidency orders NNPC to take over entire operatorship

Why was Shell’s license revoked?
The action was reportedly taken out of respect for the inhabitants of Ogoniland, who have not have the most cordial relationship with Shell. Ogoniland is where the OML 11 is located. And over the years, the Movement for the Survival of Ogoni People (MOSOP), have been fighting against the degradation of their environment by Shell’s operation.

Just last month, MOSOP said that Shell’s conduct while it was operating in Ogoniland, was tantamount to a national shame and crime against humanity. According to a factional President of MOSOP, Mr. Fegalo Nsuke, if Nigeria were a country where citizens’ health and welfare were taken seriously, Shell’s operating license for OML 11 would have been revoked a long time ago.

The conflict dates back to 1993
SPDC had abandoned activities in the Ogoni section of the lease for about 26 years following the crisis that erupted following the killing of prominent Ogoni leaders including Ken Saro-Wiwa.

Although in 2015 SPDC agreed to pay a settlement of $15.5 Million (N3 billion), just to resolve the case.

Shell loses Oil Mining Lease 11 license to NNPC

That's an interesting development.
 

Forum List

Back
Top