Oil & Energy
Bayelsa Communities Get New Agip Projects
In an effort to improve the living condition of its host
communities, the Nigerian Agip Oil Company (NAOC), has commissioned some rural
infrastructure in three communities of
Bayelsa State.
The projects include, a mass concrete landing jetty in
Okpotuwari Community, Southern Ijaw Local Government area, a 3km low voltage
network and installation of a 500KVA
(11/0.4KV) sub-station in the respective Ologoama Community and Akakumama
Community in Nembe Local Government Area.
The NAOC General Manager, District, Giovanni Salvini, represented by the Public Relations,
Communications and Government liaison Manager, Prince Nwachuku Obi, while
performing the ceremony said that the concrete jetty in Okpotuwari will help to
alleviate the difficulties faced by the people in the area of transportation
and berthing of speed boats just as the electricity facilities in Ologoama and
Akakumama will enhance the economic activities of the communities.
He said, NAOC will continue to strengthen the existing
cordial relationship by pursuing policies that would add value to the betterment
of the host communities and urged them to reciprocate the gesture by promoting
enabling environment for oil exploration.
The representative of the Bayelsa State Ministry of
Environment, Ezekiel Adike, commended Agip for complementing the state governmental
efforts towards better living condition for the people.
Also speaking, the Special Adviser to the Bayelsa State
Governor on Oil and Gas, represented by Idukimi Omoribo, lauded Agip for the
gesture and urged the people to embrace peace to attract more projects to their
respective areas.
The Okpotuwari Community Development Committee secretary,
Tiger Christian, in his address requested for a new 1000KVA generating plant to
replace the old one which has low voltage, a revisit of the MoU, provision of
equipment for the health centre, increase in number of scholarship awards to
the indigenes and appropriate naming of oil wells after the rightful landlords.
The paramount ruler of Akakumama, King Ebinimi Donka
Solomon, while commending Agip for the people- oriented projects, called on the
state government to come to their aid by sand-filling swampy surroundings as
well as provide portable water in addition to Agip’s efforts.
The Ologoama CDC Secretary, Magnus Alpheus, in his remarks
expressed gratitude at the electricity project and appealed for the
rehabilitation of the health centre there and provision of Ambulance boat to
facilitate its activities.
Oil & Energy
Take Concrete Action To Boost Oil Production, FG Tells IOCs
Speaking at the close of a panel session at the just concluded 2026 Nigerian International Energy Summit, the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, said the government had created an enabling environment for oil companies to operate effectively.
Lokpobiri stressed that the performance of the petroleum industry is fundamentally tied to the success of upstream operators, noting that the Nigerian economy remains largely dependent on foreign exchange earnings from the sector.
According to him, “I have always maintained that the success of the oil and gas industry is largely dependent on the success of the upstream. From upstream to midstream and downstream, everything is connected. If we do not produce crude oil, there will be nothing to refine and nothing to distribute. Therefore, the success of the petroleum sector begins with the success of the upstream.
“I am also happy with the team I have had the privilege to work with, a community of committed professionals. From the government’s standpoint, it is important to state clearly that there is no discrimination between indigenous producers and other operators.
“You are all companies operating in the same Nigerian space, under the same law. The Petroleum Industry Act (PIA) does not differentiate between local and foreign companies. While you may operate at different scales, you are governed by the same regulations. Our expectation, therefore, is that we will continue to work together, collaborate, and strengthen the upstream sector for the benefit of all Nigerians.”
The minister pledged the federal government’s continued efforts to sustain its support for the industry through reforms, tax incentives and regulatory adjustments aimed at unlocking the sector’s full potential.
“We have provided extensive incentives to unlock the sector’s potential through reforms, tax reliefs and regulatory changes. The question now is: what will you do in return? The government has given a lot.
Now is the time for industry players to reciprocate by investing, producing and delivering results,” he said.
Lokpobiri added that Nigeria’s success in the upstream sector would have positive spillover effects across Africa, while failure would negatively impact the continent’s midstream and downstream segments.
“We have talked enough. This is the time to take concrete actions that will deliver measurable results and transform this industry,” he stated.
It would be noted that Nigeria’s daily average oil production stood at about 1.6 million barrels per day in 2025, a significant shortfall from the budget benchmark of 2.06 million barrels per day.
Oil & Energy
Host Comm.Development: NUPRC Commits To Enforce PIA 2021
Oil & Energy
PETROAN Cautions On Risks Of P’Harcourt Refinery Shutdown
The energy expert further warned that repeated public admissions of incompetence by NNPC leadership risk eroding investor confidence, weakening Nigeria’s energy security framework, and undermining years of policy efforts aimed at domestic refining, price stability, and job creation.
He described as most worrisome the assertion that there is no urgency to restart the Port Harcourt Refinery because the Dangote Refinery is currently meeting Nigeria’s petroleum needs.
“Such a statement is annoying, unacceptable, and indicative of leadership that is not solution-centric,” he said.
The PETROAN National PRO reiterated that Nigeria cannot continue to normalise waste, institutional failure, and retrospective justification of poor decisions stressing that admitting failure is only meaningful when followed by accountability, reforms, and a clear, credible plan to prevent recurrence.
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