Tag: OML 11
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NNPC hails appeal court’s judgment on OML 11
The Nigeria National Petroleum Corporation (NNPC) has hailed the recent Appeal Court judgment affirming its operatorship of the Oil Mining License 11 (OML 11), describing it as a huge victory for Nigeria. The Corporation gave the commendation, in a statement signed by its spokesperson, Garba Deen Muhammad, in Abuja, on Friday. He said the judgment…
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Rivers acquires Shell’s 45 per cent stake in OML 11
Forty-five per cent of Shell Petroleum Development Company’s (SPDC’s) interest in Oil Mining Lease (OML) 11 in Ejama and other communities in Ogoni have been acquired by the Rivers State Government. Governor Nyesom Ezenwo Wike announced the acquisition on Monday in a broadcast titled: “We will continue to advance the state’s interest, security and prosperity…
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![Buhari orders NNPC to take over operation of OML 11 from Shell, others [Full list of affected firms/individuals]](https://thenewsguru.ng/wp-content/uploads/2018/10/buhari2.jpg)
Buhari orders NNPC to take over operation of OML 11 from Shell, others [Full list of affected firms/individuals]
President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation (NNPC) to take over the operatorship of the entire Oil Mining Lease (OML) 11 from Shell Petroleum Development Company (SPDC). Buhari gave the order in a letter addressed to the Group Managing Director of NNPC dated March 1, 2019 with reference number SH/COS/24/A/8540 and signed…