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Aiteo Shuts Down Nembe Field After Oil Leak

Nse Anthony-Uko by Nse Anthony-Uko
2 years ago
in News
WhatsApp Image 2024 06 19 at 14.55.38
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Aiteo Eastern Exploration and Production Company (AEEPCO), operator of the NNPC/Aiteo Joint Venture on OML 29, has confirmed the detection of an oil leak at its Nembe swamp facility in OML 29, Nembe Kingdom, Bayelsa State.

The company said the leak was reported on Monday, June 17, 2024, during routine operations.

AEEPCO, in a statement on Wednesday, noted that its Oil Spill and Emergency Response Team was immediately activated and all production from OML 29 were shut down as a precautionary measure to mitigate the impact of the incident.

“This is a precautionary measure while mobilising additional resources to contain the spill. The cause of the spill is currently undetermined. However, we are proactively engaging with stakeholders to mitigate the immediate effects,” the statement added.

Commenting 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.

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“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.”

According to the firm, its joint venture partners and the relevant regulators – the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the National Oil Spill Detection and Response Agency (NOSDRA) had been notified of the incident.

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Nse Anthony-Uko

Nse Anthony-Uko

Nse Anthony-Uko is a business and financial journalist with over two decades of experience covering Nigeria's financial system, economy, energy sector, corporate landscape, and global economic developments. Her expertise blends frontline journalism with editorial leadership and a strong grasp of financial market dynamics. She has earned multiple professional recognitions and was selected for the International Visitors Leadership Programme (IVLP) in the United States.

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