Friday, November 4, 2011


Akanimo Reports
4 November 2011

REPRIEVE came the way of the Anglo-Dutch oil and gas major, Shell, on Wednesday in the Niger Delta, as one of the oil region's radical group that has been attacking the oil company for allegedly subverting the country's Local Content Act, opening embraced the oil major for awarding a N7.8 billion job for a local oil servicing firm. The group, Niger Delta Indigenous Movement for Radical Change, told AkanimoReports that they were ceasing hostility against Shell for finally seeing reason with them. They have been accusing the Managing Director of Shell, Mr. Mutiu Sunmonu, of frustrating the local content law in the oil region. They have however, vowed to take on the other oil majors that are yet to play ball with the local oil servicing companies.

Shell in a statement announced the award of $50 million, around N7.8 billion contract to S.C.C. Limited for the manufacture of line pipes.

The Niger Delta group lauded Shell for the deal as they also hailed Pan Ocean Oil Corporation for awarding their Amukpe-Escravos Pipeline project to FENOG Nigeria Limited.

No comments:

Post a Comment