26 July 2011
Shell Production Development Company (SPDC) has estimated that about 100,000 barrels of crude oil are being stolen from its operations in the Niger Delta region of
Nigeria, this is coming just as Transocean pipes announced its decision to provide eight out of its ten ultra – deepwater and deepwater rigs in Brazil and Africa.
Shell vice president communications, Upstream International, Nick Wood, who disclosed this said they have not confirmed the exact figures for theft of oil, but have estimated about 100,000 barrels a day’. He added that there have not been any reduction sign in the theft of oil.