Would you like to receive notifications on latest updates of the following headlines?

Aiteo Confirms Oil Leak at OML 29, Nembe

POSTED ON June 20, 2024 •   Business      BY Abiodun Saheed Omodara
Aiteo Logo and A man fetching Crude oil l Photo Credit: Newstelegraph

Aiteo Eastern Exploration and Production Company (AEEPCO), the operator of the NNPC/Aiteo Joint Venture on OML 29, has confirmed the detection of an oil leak at its Nembe swamp facility in OML 29, located in the Nembe Kingdom of Bayelsa State.

It was report  that there is an oil spill at the Nembe Creek on OML 29 on Monday evening, which was linked to a facility operated by Aiteo Exploration and Production Limited.

However, Aiteo has acknowledged the leak through a statement issued by Ndiana Mathew, Aiteo's Media representative, stating that the leak was noticed during routine operations on Monday, June 17, 2024.

The statement also mentioned that AEEPCO's Oil Spill and Emergency Response Team was immediately activated, leading to the shutdown of all production from OML 29 as a precautionary measure. The cause of the spill is currently unknown, but AEEPCO is actively working with stakeholders to mitigate its immediate effects.

AEEPCO's Group Managing Director, Victor Okoronkwo, stated that a Joint Investigative Visit (JIV) with stakeholders has been initiated to determine the cause of the incident.

The relevant regulators, including The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the National Oil Spill Detection and Response Agency (NOSDRA), have been notified of the incident.

The company's current priority is to expedite an efficient spill management process in accordance with regulatory standards and collaborate with all stakeholders to restore production and mitigate associated risks.

READ ALSO
CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...

READ ALSO
Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 26, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...

READ ALSO
Website Hack: NBS budgets N35m for cybersecurity training
BY Abiodun Saheed Omodara December 26, 2024 0

The National Bureau of Statistics has earmarked N35m in its 2025 budget proposal for “Capacity...

READ ALSO
CBN disqualifies 41.65m Access Holdings shares
BY Abiodun Saheed Omodara December 26, 2024 0

The Central Bank of Nigeria has disqualified 41.65 million shares worth N822.60m in Access Holdings...

READ ALSO
W’Bank removes loan fees for vulnerable nations
BY Abiodun Saheed Omodara December 26, 2024 0

The World Bank has announced the removal of several loan fees to make borrowing more affordable for...

READ ALSO
2025 Budget : Gombe set 10% for debt servicing
BY Abiodun Saheed Omodara December 25, 2024 0

The Gombe State Commissioner for Finance and Economic Development, Gambo Magaji, on Tuesday, reveale...

READ ALSO
LASG shut Coca-Cola, two others over water usage standards
BY Abiodun Saheed Omodara December 25, 2024 0

The Lagos State Government, through its Water Regulatory Commission, has sealed three companies for...

READ ALSO
No regret removing fuel subsidy- Tinubu
BY Abiodun Saheed Omodara December 24, 2024 0

ABUJA, Nigeria - President Bola Tinubu, on Monday, said he had no regret removing fuel subsidy. The...

OUR CHANNELS:

Lagos drug lords jail 28 years, forfeit VGC houses
BY Abiodun Saheed Omodara December 27, 2024 0

LAGOS,Nigeria - Four drug kingpins involved in the historic seizure of 2,139.55 kilograms of cocaine...


CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...


Two killed, 15 injured on Lagos-Ibadan expressway on boxing day
BY Abiodun Saheed Omodara December 27, 2024 0

The Federal Road Safety Corps has confirmed the death of two people and 15 others injured in a lone...


NHIA inaugurate groundbreaking initiative to reduce mortality
BY Abiodun Saheed Omodara December 27, 2024 0

NIGERIA (NAN) - The federal government, through the National Health Insurance Authority (NHIA) has i...


FCT CP Inspects Recreational Centers in Abuja
BY Ebiakuboere England December 27, 2024 0

ABUJA- The Federal Capital Territory's Commissioner of Police, CP Olatunji Disu, made an operational...


University of Abuja Denies Allegations of Bias in Vice Chancellor Appointment Process
BY Ebiakuboere England December 26, 2024 0

The University of Abuja has denied allegations of bias and irregularities in the ongoing process to...


Govs, ministers advocate peace, unity at Christmas
BY Benedicta Bassey December 26, 2024 0

NIGERIA — Governors, ministers, and lawmakers have called on Nigerians to embrace peace and un...


Okpebholo swears in perm secs urges efficient, transparent service
BY Benedicta Bassey December 26, 2024 0

EDO STATE, Nigeria  —Edo State Governor, Monday Okpebholo, has sworn in new permanent sec...


Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 27, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...


38 dead in Azerbaijan Airlines plane crash on Christmas Day celebration
BY Benedicta Bassey December 27, 2024 0

No fewer than thirty-eight people reported lost their lives following the Azerbaijan Airlines plane...


More Articles

Load more...

Menu