x

A’Ibom oil/gas bearing communities get MOU Review Committee

There is hope for a better deal for oil and gas producing communities in Akwa Ibom as the state government has inaugurated the Uquo Field Technical Committee on the review of Frontier Oil Ltd/Savannah Energy’s Memorandum of Understanding (MoU) for communities in Eket and Esit Eket Local Councils.

Power & Petroleum Development Commissioner, Dr. John James Etim who performed the inauguration said the event was the outcome of the decision reached at the February 22, 2021, Stakeholders’ Meeting.

Etim charged the Committee to ensure that they considered the document clause-by-clause, while adhering strictly to the critical components of the State’s Standardised Template on MoU.

This, according to him would lead to a workable agreement that would enhance the existing cordial relationship between host communities and the companies.

The commissioner encouraged them to be committed in the review process, and used the opportunity to charge the companies to ensure that they provided all necessary logistics that would aid the early completion of the assignment.

While congratulating them on their nominations, Etim expressed the optimism that the document would be made ready for ratification by Stakeholders and signed before the expiration of the current MoU in July, 2021.

Frontier Oil Ltd/Savannah Energy, are into a joint venture partnership; with their marginal fields in Esit Eket and Eket Local Councils with Frontier Oil Ltd into crude oil exploration and Savannah Energy dealing with the gas component.

The 16-Man Technical Committee comprised two representatives of the State Government; two from Frontier Oil Ltd/Savannah Energy seven from Esit Eket and five from Eket.

Hot this week

Tribune Abuja Bureau Chief, Dr. Leon Usigbe, Laid to Rest Amid Cries, Tributes

By Joyce Remi-Babayeju The late Tribune Abuja Bureau Chief, Chief...

Governor Yusuf Reaffirms Commitment to Transforming Kano State

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

NCPC To Commence 2025 Easter Pilgrimage Exercise To Israel, Jordan

By Joyce Remi-Babayeju The Nigerian Christian Pilgrim Commission, NCPC, is...

Flood Tragedy in Zaria Claims Lives, Leaves Several Missing

At least two people have been confirmed dead and...

Kano Gov Moves to Empower 44 LGAs with Full Autonomy

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

Pray for Peace, Development of Nigeria, Mahmoud Urges FCT Christian Pilgrims

By Joyce Remi-Babayeju FCT Minister of State, Dr. Mariya Mahmoud,...

Light Up Abuja Programme: Wike To Flag-Off Construction of New Roads, Light Projects

By Joyce Remi-Babayeju The Minister of Federal Capital Territory (FCT),...

Tinubu tasks Catholic Bishops on national peace and development

By Ogenyi Ogenyi, Uyo President Bola Tinubu has called on...

CSGGG Hails Rivers Sole Administrator’s Leadership

…Says Peace Brokered, Trust Restored…Lauds Transformative Governance, Credits Tinubu’s...

Tribune Abuja Bureau Chief, Dr. Leon Usigbe, Laid to Rest Amid Cries, Tributes

By Joyce Remi-Babayeju The late Tribune Abuja Bureau Chief, Chief...

Breaking: FG Set to Integrate Organ Transplant Services Into NHIA

… To End Unethical Local Organ Transplantation Practices By Joyce...

Atissa Youth Council Urges NDDC to Rescue Famgbe, Obogoro from Erosion

By Amgbare Ekaunkumo, Yenagoa Two historic communities in Bayelsa State,...

Sokoto-Badagry Superhighway to Boost Trade, Regional Integration

By Muhammad Ibrahim, Sokoto The Sokoto-Badagry Superhighway project, a major...

Related Articles

Popular Categories

spot_imgspot_img