Sources in the oil and gas firm, who made this disclosure, said the oil field has suffered setbacks, such that the completion of its expansion has been postponed by two years.

What you should know

Discovered in September 1995, the Bonga Oil Field, which sits off the Nigerian coast, is operated by Shell Nigeria, which owns 55% of the License block OPL 212 with Exxon owning (20%), Nigerian AGIP, and Elf Petroleum Nigeria Limited with (12.5%) each.

The Nigeria’s first deepwater oil field can currently produce 225,000 barrels per day of crude oil and 150 million cubic feet per day of gas, which are into the Nigeria Liquefied Natural Gas (NLNG) plant at Bonny.

Meanwhile, Shell and its partners in May 2021, had struck an agreement in the deepwater oil block Oil Mining Lease 118, paving the way for a massive expansion of the country’s Bonga oil and gas sector.

The post Bonga Oil Field: Shell Discloses Reason For Project Setback appeared first on Business News in Nigeria.

According to a Dutch environmental group , Milleudefensie, it claimed that the workers of SPDC hired people to destroy the pipelines and then hired them back as workers to clean up the havoc they created.

It stated: “The majority of the leaks in Ikarama were the result of instructions given by Shell Nigeria employees. The profit made on the cleaning operations was split between SPDC employees and the youths.”

SPDC’s Defense

In response to the allegation laid before the company, the spokesperson for SPDC stated that the company does not have any record of SPDC staff members or contractors involved in pipeline vandalism or theft.

His word: “SPDC, like other Shell companies globally, investigates all credible reports it receives of misconduct or unethical behaviour and takes robust action where evidence exists,

“SPDC has multiple ways the public can report allegations of wrongdoing by anyone working for SPDC, including a 24/7 telephone and email helpline.

 “SPDC also monitors its joint venture facilities and any incident or suspected criminal activities are promptly reported to the regulators and government security agencies for investigation and possible prosecution.”

SPDC drag to the mud

It’s no longer news that Pipeline exploitation is a major offence in the country. The degree of pollution from oil spillage has posed as a threat to the environment and health of the people. Over the years, the name “shell petroleum development company” has always popped up when oil spillage and expoitation is mentioned. Which often gives the company a bad reputation.

But the reality is, should the government continue to fold hands while many properties, fertile soil, wildlife are being destroyed thereby making Nigerians lose their source of livelihood?

The post Shell Nigeria Enmeshed In Oil Spillage Controversy appeared first on Business News in Nigeria.