Sunday, August 16Nigeria's Authoritative Maritime News Magazine
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Tag: Nigerian National Petroleum Corporation (NNPC)

Atala Oil Field Remains Bayelsa’s Prized Asset, Says Gov. Diri *Asks FG To Cancel Revocation

Atala Oil Field Remains Bayelsa’s Prized Asset, Says Gov. Diri *Asks FG To Cancel Revocation

Press Release
Bayelsa State Governor, Senator Douye Diri, on Wednesday, made emphatic clarifications on the state's position about its Atala oil marginal field (OML 46), which licence was revoked by the federal government through the Department of Petroleum Resources in April 2020. Governor Diri, who was commenting on the issue publicly for the first time amid the controversy it had generated in recent times, expressed shock over the revocation. He said the marginal oil field remained a prized asset of the state to which it is sentimentally attached and called on the federal government to reconsider its decision on the matter. The governor stated this position before commencement of the weekly state executive council meeting in Government House, Yenagoa. A statement by his Chief Press Secret...
Content Monitoring Board, NNPC, Zed Energy sign contract for Petroleum Terminal in Brass

Content Monitoring Board, NNPC, Zed Energy sign contract for Petroleum Terminal in Brass

News Feature
The Nigerian Content Development and Monitoring Board (NCDMB), Nigerian National Petroleum Corporation (NNPC), and ZED Energy Ltd earlier today signed shareholders agreement for the construction of Brass Petroleum Products Terminal Ltd (BPPT) in Brass LGA of Bayelsa State. The Brass Petroleum Products Terminal Ltd (BPPT) will close any infrastructure gap in the distribution of petroleum products and also stop illegal refining activities taking place in the region.