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Explosion Rocks NNPC, Partner’s OML 40

For the second time in about five months, an explosion has, once more, occurred at Oil Mining Lease (OML) 40, this time, resulting in the shut in of about 10,000 barrels per day of crude oil.

In 2012, Elcrest Exploration and Manufacturing Nigeria Limited, a joint venture of Starcrest Energy, a subsidiary of the Chrome Group, and Eland Oil & Gas, accomplished its acquisition of a forty five per cent stake in OML 40.

With the signing, Shell and its JV partners successfully ceded their 45 % stake in OML 40 to Elcrest whereas the NNPC retained its 55 per cent stake and on the identical time assumed operatorship of the oil field by the Nigerian Petroleum Development Company (NPDC).

The newest incident occurred after an identical one in July, which occurred when employees have been putting in a ladder on a platform on the Benin River Valve Station for entry throughout discharging of Gbetiokun production, resulting in the death of seven individuals.

Read more: Bayelsa govt to challenge revocation of its oil mining leases

Confirming the contemporary explosion within the oilfield, Group General Manager, Group Public Affairs Division of NNPC, Dr. Kennie Obateru, in a press release in Abuja, however acknowledged that there have been no fatalities or injuries and no significant spill within the incident.

However, the nationwide oil firm disclosed that there was important injury to the marine storage vessel, MT Harcourt, which it projected will impression manufacturing by about 10,000barrels of oil per day.

“The Nigerian Petroleum Development Company (NPDC), an upstream subsidiary of the Nigerian Nationwide Petroleum Company, has reported an explosion at a manufacturing facility in Oil Mining Lease (OML) 40.

“The incident concerned its companions, Elcrest Exploration and Manufacturing Nigeria Restricted whereas finishing up manufacturing evacuation at Gbetiokun Early Manufacturing facility,” the assertion acknowledged.

However the NNPC famous that it had since commenced investigation to establish the reason for the incident with a view to averting future incidence.

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