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    Home » Presidency gives NNPC deadline to takeover operatorship of OML 11

    Presidency gives NNPC deadline to takeover operatorship of OML 11

    March 13, 2019
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    Presidency gives NNPC deadline to takeover operatorship of OML 11
    *Abba Kyari

    Hector Igbikiowubo

    Abuja – The Presidency has instructed the Nigerian National Petroleum Corporation to take over the operatorship of the entire OML 11 from Shell Petroleum Development Company not later than 30 April 2019.

    This was contained in a memo signed by Abba Kyari, the Chief of Staff to the President, dated 1st March 2019 with a reference number SH/COS/24/A/8540.

    The memo disclosed that the President has directed “NNPC/NPDC to take over the operatorship, from Shell Petroleum Development Company, of the entire OML 11 not later than 30 April 2019 and ensure smooth re-entry given the delicate situation in Ogoniland.

    “NNPC/NPDC to confirm by 2 May 2019 the assumption of the operatorship,” the memo further directed.

    The operatorship of OML 11 has been the subject of speculation, claims, and counter-claims with several companies linked to plans to take over.

    Also Read: Low-sulphur gasoil deliveries for March fall at expiry

    Similarly, the desire of these companies has attracted robust conversation and demands from disparate groups and individuals in Ogoniland.

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