Business

74 Days After, Chevron Puts Out Fire at Ondo Oil Well

  • 74 Days After, Chevron Puts Out Fire at Ondo Oil Well

Chevron Nigeria Limited has announced that the fire at the Ojumole Well No. 1 in Ondo State has been safely put out, more than two months after it broke out.

CNL is the operator of the joint venture between the Nigerian National Petroleum Corporation and CNL, and Ojumole field is in NNPC/CNL JV’s Western Niger Delta area of operations.

In a statement on Monday, the oil major thanked all the stakeholders, including the neighbouring communities, Ondo and Delta states, governments, regulatory authorities and security agencies that “worked with the NNPC/CNL JV to ensure that the fire incident caused by third-party interference, was safely put out.”

The General Manager Policy, Government and Public Affairs, CNL, Esimaje Brikinn, said accredited independent environmental consultants had been continuously monitoring the environment since the incident occurred with support from regulatory agencies.

“In addition, CNL employees are on site and normal activities are ongoing in the area,” it added.

According to him, CNL is currently diligently working on all the requisite post-incident activities, which will be consistent with the relevant environmental laws, regulations and guidelines.

Esimaje reiterated CNL’s commitment to protecting people and the environment, emphasising that CNL placed the highest priority on the health and safety of communities neighbouring its areas of operation, its workforce and the protection of the environment and its assets.

“We continue to conduct our operations safely, reliably and efficiently, with the utmost consideration for protection of people and the environment,” he added.

Chevron had on April 25 confirmed that at about 10.00 pm on April 18, 2019, a fire was observed at the Ojumole Well No. 1, an idle and plugged well with no flowline connected to it.

Samed Olukoya

Is the CEO and Founder of Investors King Limited. He is a seasoned foreign exchange research analyst and a published author on Yahoo Finance, Business Insider, Nasdaq, Entrepreneur.com, Investorplace, and other prominent platforms. With over two decades of experience in global financial markets, Olukoya is well-recognized in the industry.

Share
Published by
Samed Olukoya

Recent Posts

Centralise Regulation for our Industry, E-hailing Drivers Urges FG

In a bid to bolster the interest of drivers in the country, E-hailing drivers, under…

3 days ago

Felicia Obozuwa Takes on Key Role as FCMB Executive Director, Corporate Services

First City Monument Bank (FCMB) has announced the appointment of Felicia Obozuwa as its Executive…

3 days ago

Equities Market Sheds N931 Billion as 40 Stocks Decline in Another Bearish Session

The Nigerian equities market extended its losing streak for the fourth consecutive session Wednesday with…

3 days ago

70 Million Poorest of The Poor Nigerians To Get N75,000 From FG

Notwithstanding that the Federal Government's efforts to distribute cash to poor Nigerians have failed in…

3 days ago

Dollar to Naira Exchange Rate Today, January 16th, 2025: Black Market vs CBN Rates

The Dollar to Naira exchange rate remains a critical indicator of Nigeria’s economic landscape, reflecting…

3 days ago

Over N60.5bn Alleged Fraud: More Trouble For Impeached Lagos Speaker Over Imminent Arrest By EFCC

Stakeholders and political gladiators in Lagos State have called on the Economic and Financial Crimes…

4 days ago