Belemaoil increases OML 55 oil production by 3000bpd


(Nigeria) Barely a month after Chevron Nigeria Limited, successfully handed over OML 55 fields to an indigenous firm, Belemaoil Producing Limited,  the company has increased its oil production to 3000 barrel per day.
Chairman of Belemaoil, Jack-Rich Tein Jr., who disclosed this while receiving President of River State Youth Organisation,  Prince Sara-Igbe and other youth leaders, who paid him a courtesy visit, said the organisation has also gone further to fulfil some of its promises to host communities by employing a total of 350 youths across OML55 and Niger Delta communities as well as working with experts to provide portable drinking water in Kula.
He said that Belemaoil was currently working with its overseas partners and the Nigeria's Department of Petroleum Resources, DPR, to launch 30,000 barrels floating refinery and LPG unit, scalable floating power generating barge of 135MW in phase-1 to 650mw in phase-2.
The power project, he said will  curb gas flaring and further harness the gas reserves in OML55, which is over 2tscf.
These projects, Jack-Rich said, when fully deployed will lead to huge technology transfer, employment for the unemployed youths thereby eradicating undue restiveness, agitations, economic sabotage and other unforeseen vices in our communities/cities.
He stressed that Chevron with this feat, has uniquely achieved for itself, the first and only International Oil Company in Africa to have divested its participating interest in an oil mining lease (OML) to a local company from within its host community, which has trickled down to unemployed youths in their respective Communities.
In his remarks, President of River State Youth Organisation, Prince Sara-Igbe,  thanked Chevron and Mr Tein Jr., for making history in Rivers State.
The youth leader said Chevron had set an indelible landmark for other international and local oil companies to follow and if they build on Chevron’s landmark, unnecessary restiveness and agitation will fade away so-fast because they now have the capacity to empower and develop their region and community just as Belemaoil has started.
He thanked God and  President Muhammadu Buhari in whose administration Chevron and Belemaoil have brought this great blessing to his people in Niger Delta.
Sara-Igbe also encouraged other Niger Delta oil producing, refining, petrochemical, power generating/servicing companies to support capacity development for unemployed Niger Delta youths in order to foster and maintain sustainable peace in the region.
Tein Jr., on his part thanked the youth leader, noting that as a fellow Rivers man, he has brought the head office of Belemaoil into Port Harcourt, Rivers State and pleaded with the youths and Niger Deltans to promote programmes and courses that will attract investors to the region.
According to him, no investor will exist in an atmosphere devoid of peace and security, adding that Rivers people need to think of a better future for the unborn generation by encouraging tolerance, forbearance, understanding, brotherly cohesion and true love for one another.
Similarly, the Chief Media Secretary of Niger Delta Oil Producing Communities Empowerment Forum, NDOPCEF, Amaibimabo  Tamunofubura has commended Chevron for handing over OML 55 fields to Belemaoil.
Tamunofubura said this will create huge economic empowerment to the Niger Delta oil producing communities and promotes peace and order.
Tamunofubura who also hails from the community of OML 55,  praised President Buhari for encouraging programmes such as what had given Belemaoil the privilege to emerge successful in the bid process.
He said Niger Delta people were proud of Belemaoil, which just took over OML 55 field works on June 2, 2016 and in 18 days of take over was able to take production from 8,000 barrels daily to 11,000 barrels per day.
He encouraged other oil companies to follow the line of Chevron, which is geared towards direct local capacity development for oil producing communities in Niger Delta.

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