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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