Month: June 2021

30 June, 2021 With 18 Recovered Oil Wells, Imo State Now Fourth Highest Producing State According to Mr. Goodluck Opiah, an ex-Speaker of Imo House of Assembly, and a former Federal Lawmaker that represented Ohaji/Egbema/Oguta/Oru West Federal Constituency in the House of Representatives, Imo state has been an oil producing state and much of that has been on exploration, exploitation of crude oil. Crude oil was the in-thing since the 1950s when the first oil well was struck in Iho Dimeze, Imo state, though that was not in commercial quantity and Shell continued the exploration in the parts of...

Nigerian Govt awards Bayelsa oilfield to Halkin Explorations Jun 30, 2021 The federal government has approved the handing over of the Atala oilfield, a revoked asset hitherto owned by the Bayelsa state government, to new owners, Halkin Exploration and Production Limited. A letter to that effect sighted by THISDAY indicated that the field, Oil Mining Lease (OML) 46, was approved for transfer after the Director, DPR, Mr. Sarki Auwalu, copied a memo to the Minister of Petroleum, Mr Timipre Sylva, notifying him of the directive which had been given a nod by President Muhammadu Buhari. Tagged, “Application to Assign...