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Monday, July 15, 2024

AITEO shut in 50,000bpd Nembe field over oil leak

Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC / Aiteo Joint Venture on OML 29, confirms it has detected an oil leak at its Nembe swamp facility in OML 29, Nembe Kingdom, Bayelsa State. 

AITEO in a statement said the leak was reported on Monday, June 17, 2024, during routine operations. “AEEPCO’s Oil Spill and Emergency Response Team was immediately activated and all production from OML 29 shut down.This is a precautionary measure while mobilizing additional resources to contain the spill”, the company said 

Nembe production is currently around 50,000 barrels per day, but the JV partners are aiming for a rise to 80,000 by the first quarter of next year and 150,000 barrels per day by the start of 2025, the source added.

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It states that the cause of the spill is currently undetermined. 

“However, we are proactively engaging with stakeholders to mitigate the immediate effects”.

Speaking on the incident, AEEPCO’s Group Managing Director, Victor Okoronkwo, said: “During our operations on Monday, June 17, 2024, the subject leak was detected. A Joint Investigative Visit (JIV) with stakeholders has been initiated to determine the cause of this incident. While we regret the production losses to the Joint Venture and the nation and the potential environmental impact, our current priority is to expedite an efficient spill management process in line with regulatory standards and collaborate with all stakeholders to restore production and mitigate associated risks.”

“Our joint venture partners and the relevant regulators; The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the National Oil Spill Detection and Response Agency (NOSDRA) have been notified of the incident”

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