Tag: Oil blocks

FG halts Kolmani oil drilling 16 months after inauguration

Aminu Imam

The Federal Government has put a stop to crude oil exploration activities at the Kolmani Oil Field, a mere 16 months after its commencement. Residents allege that exploration equipment has been relocated to Lake Chad and Nasarawa. Recall that the Nigerian National Petroleum Company Limited (NNPCL), in collaboration with the New Nigeria Development Company, initiated drilling at two oil blocks, OPL809 and OPL810, in November 2022. Similarly, the projection of crude oil deposits in Kolamani, which traversed both Bauchi and Gombe States, was pegged at about one billion barrels of…

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Senate investigates how DPR, despite Buhari’s directive, illegally awarded oil field to Halkin Oil

Aminu Imam

The Nigerian Senate is investigating how an oil field, OML 46, was illegally awarded to Halkin Exploration and Production Company Limited, by the defunct Department of Petroleum Resources (DPR), in contravention of a Presidential directive. The Senate Committee on Ethics, Privileges and Public Petitions, while interfacing with the groups involved at a public hearing on Tuesday, was informed that after the revocation of the oil field, the presidency intervened, considered the numerous petitions from the various marginal owners, and directed that the fields be re-awarded on a discretionary basis with…

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