• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News

Shell Nigeria moves to stop vandalism, oil theft 

Chidinma Nwagbara by Chidinma Nwagbara
September 19, 2019
in Business News
Shell hits $6bn profit for first quarter 2019, Shell Nigeria moves to stop vandalism, oil theft 
Share on FacebookShare on TwitterShare on Linkedin

Shell Petroleum Development Company of Nigeria Limited has disclosed that it was utilizing High Definition (HD) cameras to track vandalism of the SPDC joint venture assets. 

According to the SPDC’s General Manager, Igo Weli, the cameras would help in quick detection of and response to crude oil spills from its facilities. Weli said that the cameras were attached to specialised helicopters, which carry out daily overflight over their facilities. He said this measure was to improve the surveillance of Shell’s joint venture assets.  

Speaking at a workshop for journalists in Warri, Delta State, Weli said, “The cameras are attached to specialised helicopters, which carry out daily overflight over our facilities. This measure has improved the surveillance of our joint venture assets.”  

RelatedStories

Shell reports another oil spill in Niger Delta; over 130 spills in 2024 

Shell reports 122% rise in oil spills in Nigeria in 2024

May 19, 2025
, Shell

Shell denies $1.3 billion onshore assets sale to Renaissance Consortium, insists on shares transaction

July 2, 2024

[READ MORE: Shell’s OML 11: FG ordered to renew licence for 20 years]

The SPDC has reportedly implemented anti-theft protection mechanisms on key infrastructures, such as wellheads, manifolds to stem constant attacks from vandals and thereby preventing and minimising sabotage-related spills. 

The need for surveillance: Weli stated that the need for the extra surveillance was borne out of the company’s daily loss of over 11,000 barrels of oil per day in 2018 and the threat to the integrity of the joint venture assets.  

As part of the ongoing plans to sustain security, Weli announced that there would be collaborations with community leaders, traditional rulers, civil society and state governments in the Niger Delta to implement several initiatives and partnerships to raise awareness on the negative impact of crude oil theft and illegal oil refining. 

“Such public enlightenment programmes on the negative impact to people and the environment help to build greater trust in spill response and clean-up processes.”  

[READ ALSO: Respite for Nigeria as Exxon Mobil and Shell lose $1.8 billion arbitration award]

What you should know: SPDC’s Oil Mineral Lease (OML) 11 licence was recently approved by the Federal High Court to be granted by the Minister of Petroleum Resources. 

The renewal is expected to last for 20 years. 

 


Follow us for Breaking News and Market Intelligence.
Tags: Igo WeliShell Petroleum Development Company of Nigeria LimitedSPDC joint venture assets
Chidinma Nwagbara

Chidinma Nwagbara

Chidinma holds a degree in Mass communication from Caleb University Lagos and a Masters in view in Public Relations. She strongly believes in self development which has made her volunteer with an NGO on girl child development. She loves writing, reading and travelling. You may contact her via - chidinma.nwagbara@nairametrics.ng

Related Posts

Shell reports another oil spill in Niger Delta; over 130 spills in 2024 
Energy

Shell reports 122% rise in oil spills in Nigeria in 2024

May 19, 2025
, Shell
Exclusives

Shell denies $1.3 billion onshore assets sale to Renaissance Consortium, insists on shares transaction

July 2, 2024
Shell OML 11, Shell joins market rivals, writes down $2.3 billion as US-China trade war bite 
Energy

Shell puts up SPDC for sale, launches major divestment from Nigeria

July 31, 2021
Next Post
Femi Otedola

Femi Otedola is having a Gelato experience with his billionaire friends

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

nlng
Zenth Bank
Emple
first bank
Zenth Bank








DUNS

Recent News

  • Top 10 Schengen countries with the highest visa rejection rates in 2024 
  • BREAKING: PMS prices surge by 76.73% year-on-year in April 2025, South East residents paid N1,341.71 – NBS 
  • CBN’s latest MPR stance is necessary—but this is why it risks overcorrection – Dr. Ejime Herbert Aniemeke

Follow us on social media:

Recent News

Top 10 Schengen countries with the highest visa rejection rates in 2024 

Top 10 Schengen countries with the highest visa rejection rates in 2024 

May 21, 2025
Petrol price, NNPCL, PMS

BREAKING: PMS prices surge by 76.73% year-on-year in April 2025, South East residents paid N1,341.71 – NBS 

May 21, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics