Friday, 21 June 2024 04:49

Nigeria's oil production takes hit as Aiteo halts 50,000 bpd output after leak

Rate this item
(0 votes)

Nigerian energy firm Aiteo has shut down all oil production at its Nembe Creek facility, nearly 50,000 barrels per day of output, after detecting a leak, the company said on Wednesday.

Aiteo Eastern E&P said the leak was reported on Monday during routine operations in the Nembe area of Nigeria's oil-rich Bayelsa state. It is one of the most polluted places on Earth after decades of spills that have hurt farming and fishing.

The Nembe Creek facility is the largest of 11 fields under an oil mining lease operated by Aiteo, which also produces significant natural gas volumes that supply the Nigeria LNG plant at Bonny Island.

The leak's cause was undetermined, Aiteo said, adding that the shutdown was precautionary while it contained the spill.

Aiteo said it has notified regulators.

"While we regret the production losses ... and the potential environmental impact, our current priority is to expedite an efficient spill-management process in line with regulatory standards and collaborate with all stakeholders to restore production and mitigate associated risks," said Aiteo Managing Director Victor Okoronkwo.

Solomon Ukponevi, head of the country's oil-spill detection and response agency NOSDRA, said an investigation was underway.

In Nigeria, Africa's biggest oil producer, oil spills have had a catastrophic impact on communities where people have no other water supply than creeks and rely on farming and fishing.

Oil spills, sometimes due to vandalism or corrosion, are common in the Niger Delta, a vast maze of creeks and mangrove swamps crisscrossed by pipelines and blighted by poverty, pollution, oil-fuelled corruption and violence.

 

Reuters

June 28, 2024

Yield-hungry investors snap up N284bn in CBN T-Bill auction

The Central Bank of Nigeria (CBN) secured N284.26 billion from eager investors during its latest…
June 24, 2024

Police storm Kano emir’s palace, chase away local hunters guarding Sanusi

In a significant development in Kano State, Nigeria, police forces have assumed control of the…
June 27, 2024

People need this 'essential' cognitive ability—and fewer have it than ever before, says psychologist

People are losing the cognitive and social skills they need for a thriving personal and…
June 23, 2024

3,300-year-old sunken ship found in Mediterranean at a depth where time has 'frozen,' Israel says

A 3,300-year-old ancient sunken ship dating back to the Bronze Age has been discovered in…
June 27, 2024

540 killed in two months in Benue, reports Amnesty International

Amnesty International reported on Wednesday that at least 540 people were killed by armed invaders…
June 28, 2024

Here’s the latest as Israel-Hamas war enters Day 266

Israel storms Gaza City neighbourhood, orders Palestinians to go south Israel stormed a neighbourhood in…
June 19, 2024

Chips maker Nvidia rises to world’s most valuable company

Nvidia has become the world’s most valuable company following a staggering rally in its shares,…
June 18, 2024

Amusan secures fourth straight national title in 100m hurdles

Tobi Amusan has claimed her fourth consecutive national title in the women’s 100 metres hurdles…

NEWSSCROLL TEAM: 'Sina Kawonise: Publisher/Editor-in-Chief; Prof Wale Are Olaitan: Editorial Consultant; Femi Kawonise: Head, Production & Administration; Afolabi Ajibola: IT Manager;
Contact Us: [email protected] Tel/WhatsApp: +234 811 395 4049

Copyright © 2015 - 2024 NewsScroll. All rights reserved.