Connect with us
nairametrics
UBA ads

Business News

Major loss for Chevron Nigeria Limited as oil wells gut fire

Chevron Nigeria Limited (CNL) may now be on the path to loss-making, following a fire outbreak in five of its oil wells in some communities in Ilaje Local Government Area Ondo State.

Published

on

Chevron Nigeria Limited

Chevron Nigeria Limited (CNL) could now be on the path to loss-making, following a fire outbreak in five of its oil wells in some communities in Ilaje Local Government Area Ondo State.

The oil wells that gutted fire on Thursday, April 25, 2019, were confirmed to be owned by the oil giant.

UBA ADS

According to a source who didn’t want his name mentioned in the media space, the inferno started in Ajegunle Ikorigho community and soon spread to communities like Ojumole, which is located in Ikorigho land in the local government.

It was gathered that other communities affected also include -Isan-West field, Parable field, Malu field, Ororo and Opokaba Otumara, Ikorigho, Ajegunle-Ikorigho, Zion Ikorigho, Iluayo, Kendo Ayeren, and Ehinmoghan-Ikorigho communities, all in the Ilaje Local Government.

As at the time of filing this report, the cause of the fire outbreak was yet to be ascertained.

GTBank 728 x 90

Chevron’s reaction

In a statement made available to newsmen, the General Manager, Policy Government and Public Affairs, of the CNL, Esimaje Brikinn, confirmed the incident and said the inferno had started since last week Thursday. The residents of the affected communities confirmed that fire had yet to be put out as of yesterday (Thursday, April 25).

The statement read in part:

“The operator of the joint venture between the Nigerian National Petroleum Corporation and the CNL confirms that at about 10pm on Thursday, April 18, 2019, a fire was observed at the Ojumole Well No. 1, an idle and plugged well with no flowline connected to it. Ojumole field is in NNPC/CNL JV’s Western Niger Delta area of operations.

“The CNL conducted an overflight to evaluate the fire and also mobilised emergency responders to assess the site, contain the fire and boom the area. In addition, CNL notified community stakeholders about the incident and also reported it to the Department of Petroleum Resources, National Oil Spill Detection and Response Agency and other regulatory and security authorities.

“A Joint Investigation Visit to the site of the incident on Saturday, April 20, 2019, by a team made up of regulatory agencies, community stakeholders and CNL, determined that the fire incident was caused by third-party interference. There was no impact on any of the neighbouring communities.”

Deal book 300 x 250
onebank728 x 90
Patricia

Famuyiwa Damilare is a trained journalist. He holds a Higher National Diploma (HND) in Mass Communication at the prestigious Nigerian Institute of Journalism (NIJ). Damilare is an innovative and transformational leader with broad-based expertise in journalism and media practice at large. He has explored his proven ability in the areas of reporting, curating and generating contents, creatively establishing social media engagements, and mobile editing of videos. It is safe to say he’s a multimedia journalist.

Click to comment

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Corporate Press Releases

Customers to win salary-4-life, business grants, rent advance and cash rewards in Diamondxtra quarterly draw

The DiamondXtra Reward Scheme is the most rewarding way to save.

Published

on

Access Bank, Scam Alert: Access Bank issues warning to customers over fraudulent acts , Director, West Africa region, IE, Onyekachi Eke, Access Bank lists N30 billion bonds on NSE , Access Bank, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, Zenith Bank Plc, Access Bank Plc and United Bank for Africa Plc, A new BVN guideline to curb e-fraud is coming soon - CBN announces , Access Bank donates 66 laptops to children in underserved communities, Access Bank postpones closed period for 2019 Year-End financial statement, Access Bank dispels rumour about its CEO being arrested, Access Bank set to establish subsidiary in Cameroon after acquiring Kenyan bank, Access Bank finally acquires Kenyan bank, Transnational Bank Plc, Herbert Wigwe: We are clamping down on malaria with the Malaria-To-Zero Initiative, Access Bank to list N15 billion green bond on Luxembourg Stock Exchange 

Leading retail bank in Nigeria, Access Bank Plc is set to reward more than 1,000 DiamondXtra customers with various grants and cash prizes in the second DiamondXtra quarterly draw of Season 12 scheduled to hold on Wednesday, July 15, 2020.

According to Adaeze Umeh, Head, Consumer Banking, Access Bank Plc, “We are gearing up for the DiamondXtra quarterly draw this month and we will be rewarding more than 1,000 lucky customers with various cash prizes, business grants, family health insurance, rent advance and other exciting rewards. It is the bank’s little way of rewarding its loyal customers and creating more value to meet customer needs during these trying times.  We rewarded ten customers last month with N1million each at the monthly draw and we are here again to reward more customers in the quarterly draw.”

UBA ADS

To join the winning train, all you need to do is keep saving if you have a DiamondXtra account already. “If you don’t have an existing account, simply dial *901*5# to open a DiamondXtra account with just N5, 000 and save multiples of ₦5,000 to increase your chances of winning,” Adaeze told newsmen in Lagos.

Some of the DiamondXtra rewards for the quarterly draw include:

  • Salary4Life (N100,000 every month for 20 Years)
  • Rent for a Year for 21 lucky customers
  • One Year Family health coverage for 7 lucky customers
  • N1Million business grant for 6 lucky customers
  • ₦500,000 for 15 lucky customers
  • ₦100,000 for 45 lucky customers
  • ₦50,000 for 300 lucky customers
  • ₦20,000 for 300 lucky customers
  • ₦10,000 for 300 lucky customers

The DiamondXtra Reward Scheme is the most rewarding way to save, don’t miss out on this opportunity to become a millionaire or a star prize winner.  To participate; simply open a DiamondXtra account, save in multiples of ₦5,000 and you stand the chance to win amazing prizes in the quarterly draw this month.

GTBank 728 x 90
Patricia
Continue Reading

Hospitality & Travel

FG bars aides of VIPs from airport terminals, to grant loans to airlines, others at 5%

The minister insisted that face masks must be worn at all times inside the airport and airplane.

Published

on

international passengers, Coronavirus: FG enforces immediate screening of travellers at airports with new directive

The Federal Government has barred all non-travelling aides of public office holders and very important personalities (VIPs) from gaining access into the Airport terminal. 

This is part of the measure and aviation protocol designed to contain the spread of the coronavirus disease and ensure safety of the passengers and workers in the aviation sector. 

UBA ADS

This was disclosed by the Minister of Aviation, Hadi Sirika, during Monday’s briefing of the Presidential Task Force (PTF) on COVID-19. 

Sirika said that this measure applies especially to Governors, Ministers, National Assembly Members, Judicial officers and Military officers as the practice of having their Personal Assistants and Special Assistants, who they insist on seeing them off up to the aircraft though not travelling with them, would be stopped. 

The Aviation Minister in his statement said, ‘’Henceforth, all VIPs will no longer be permitted to bring non-travelling aides into the Airport Terminals. This especially applies to Governors, Ministers, NASS members, Judiciary and Military officers.’’ 

GTBank 728 x 90

While speaking on the new procedures during this COVID-19 era, the minister said that mandatory temperature and symptoms checks will be carried out at the airport terminals and frequent washing of hands should be done at the airports. He also said that face masks must be worn at all times inside the airport and airplane and anyone who does not do that will not be allowed inside the airport terminals. 

He pointed out that physical distancing will be maintained at all times just as unruly passengers will not be allowed to board the aircrafts or fly as no pilot will be allowed to fly a plane carrying an unruly passenger. 

He revealed that the processes of compression, heating, cooling and filtration that aircraft cabin air is subjected to, takes out 99.9% of all organisms including viruses etc. that’s why cabin air is safer than most other environments.  

onebank728 x 90

The aviation minister also stated that operators in the aviation sector including airlinesground handling firms and others, will be given loan at 5% interest rate with effect from 2021. He, however, noted that the modalities for the loan is being worked out with the Central Bank of Nigeria and the Federal Ministry of Finance, Budget and National Planning 

It can be recalled that Sirika stated this in an interactive session with the senate committee on Aviation where he said that any VIP coming into the airport this time around as a personality, minister or even members of the national assembly will not be carrying their aides into the airports anymore. 

app
GTBank 728 x 90
Patricia
Continue Reading

Appointments

Vodacom Nigeria gets new MD

Vodacom Business is a leading pan-African telecommunications provider wholly-owned by the Vodacom Group.

Published

on

Vodacom Nigeria gets new MD

Vodacom Business (Nigeria) Limited has appointed Mr Valentine Chime as the Managing Director of its operations. According to a statement from the company on Monday, the appointment is at the instance of the board of directors.

He will now drive the company’s vision of becoming Africa’s leading cloud and digital service provider, the statement read.

UBA ADS

Prior to this appointment, Valentine Chime was with Aruwa Capital, a private equity company investing across West Africa. He also worked at Kaizen Venture Partners, a private equity company focused on distressed assets. He has held various C-suite positions in a number of portfolio companies in different sectors.

READ ALSO: Africa seeking extra $44 billion to deal with COVID-19 pandemic

Chime expressed his enthusiasm to take up the position and challenge of building the Vodacom brand in the country. He said:

GTBank 728 x 90

“Vodacom Business Africa (Nigeria) Limited is well-known and very respected in the industry, and I look forward to taking up this mission.

“Covid-19 has accelerated digital transformation, and we are perfectly positioned to deliver intelligent connectivity through seamless delivery of cloud and digital services and technologies to our clients.”

Download the Nairametrics  News App

onebank728 x 90

Vodacom Business is a wholly-owned subsidiary of the Vodacom Group, and a leading pan-African telecommunications provider that came into Africa since 1992.

Patricia
Continue Reading