Tuesday 2 June 2015

HOW NPDC OUTSOURCES OPERATORSHIP OF DIVESTED OIL BLOCKS

100215F-Alison-Madueke.jpg - 100215F-Alison-Madueke.jpgMore revelations have emerged on how the Nigerian Petroleum Development Company (NPDC) uses other contractors or Operations and Maintenance (O&M) contractors to run the oil blocks where it claims operatorship because it lacks financial, technical and adequate human resources to operate the assets.

The former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke had withdrawn the operatorship of some of the oil blocks divested by Shell and other International Oil Companies (IOCs) from the NPDC, a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and opted for Joint Operatorship Model (JOM) with the new owners of the assets, following the perceived poor performance of NPDC.
 

No comments:

Post a Comment