Nigeria’s oil production disrupted as Aiteo shuts down field in Bayelsa

The nation’s oil output dropped after a major oil field was forced to shut down due to oil spill. The Nembe Creek oil field, which produces roughly 150,000 barrels of crude oil per day (bpd), was shut down on June 17.

The leak occurred on the Nembe Creek Trunk Line (NCTL), a pipeline that transports oil from the field to the Bonny Oil Export Terminal. Aiteo Eastern Exploration and Production Company, the operator of the pipeline, confirmed the leak and the subsequent shutdown.

Aiteo Eastern E&P reported that the leak was discovered during routine operations in the Nembe area of Bayelsa State, one of the world’s most polluted areas due to decades of oil spills that have damaged farming and fishing.

Aiteo noted that its Oil Spill and Emergency Response Team was immediately activated, and all production from OML 29 was shut down as a precautionary measure.

Aiteo’s Group Managing Director, Victor Okoronkwo, confirmed the leak in a statement yesterday.

He said the oil leak was reported on Monday, June 17, 2024, during routine operations.

He said the company’s Oil Spill and Emergency Response Team was immediately activated and all production from OML 29 shut down.

He said: “This is a precautionary measure while mobilizing 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.

“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.” He said.

The National Oil Spills Detection and Response Agency (NOSDRA) who also confirmed the oil leak incident from the Nembe Oilfields operated by Aiteo Eastern Exploration and Production Limited, said the company has already reported the leak.

The Head of NOSDRA’s field Office in Yenagoa, Mr Solomon Ukponevi, explained that the agency has deployed its officials to the spill site to ascertain the cause and volume of crude oil discharged into the environment.

The 97-kilometre Nembe Creek Trunkline NCTL) that hitherto fed the Bonny Oil Export Terminal in Rivers has since been discarded by the indigenous firm which acquired the Nembe field from Shell in 2015.

Following persistent vandalism on the oil export line with capacity to evacuated 180,000 barrels of crude daily, Aiteo resorted to using barges to coney crude from the Nembe fields.

The barges, smaller vessels are used to transport crude from onshore oil wells to a Floating Production Storage and Offloading (FPSO) vessel frmm which Aiteo exports the Nembe Crude blend to crude tankers in the Atlantic Ocean.

The post Nigeria’s oil production disrupted as Aiteo shuts down field in Bayelsa appeared first on Guardian Nigeria News.

  • Related Posts

    EXCLUSIVE: EFCC Detains NAHCON Chairman’s Brother, Aka ‘De Facto Chairman’, Sirajo Usman, Over Hajj Expenditure, Alleged N50Billion Fraud

    Sources within the EFCC revealed that Mr. Usman, nicknamed “ka fi chairman” by colleagues—roughly meaning “de facto NAHCON Chairman”—spent the night in EFCC custody in Abuja.  ArticlesRead More 

    EXCLUSIVE: Ekiti State To Spend N12.7Billion On ‘Cash Transfers’ To Residents In Three Years, Details Of Beneficiaries Unclear

    The framework shows that N4.05 billion has been allocated for 2025, N4.2 billion for 2026, and N4.5 billion for the 2027 fiscal year.  ArticlesRead More 

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

    Business & Economy

    Femi Otedola lists Nairametrics as his number one finance news source 

    T2 signs multi-million-dollar deal with Huawei to modernize core network across Nigeria 

    Nigeria must grow GDP by 10% annually to achieve $1 trillion economy – Minister 

    Become a key distribution partner with Nigeria’s dairy leader

    Top 15 African countries with highest no of millionaires’ worth $1M and above in 2025 

    Top 10 insurance policies Nigerians should consider in 2025

    Breaking: Nigeria Immigration Service increases international passport fee to N100,000, effective September 1 

    Dangote signs $2.5 billion deal to build fertilizer plant in Ethiopia 

    International Energy Insurance settles ¥1.85 billion loan through Norrenberger 

    Shea Butter Ban: Industry experts split over Tinubu’s six-month export suspension

    Nigeria’s cheap stocks in 2025: Bargains or traps? 

    Access Holdings Appoints Innocent Ike Group CEO, Commends Agbede’s Leadership

    Stablecoins to drive business transactions in Nigeria within three years, Zabira predicts 

    Access Holdings appoints Innocent Ike as new GMD/CEO as Aig-Imoukhuede consolidates control  

    The hidden cost of USSD: How Nigerians are losing money to failed bank transactions 

    Petrobras considers new deep-water investment opportunities in Nigeria, says NNPCL 

    Stabilising the Economy and Going Forward

    Popoola Harps on Opportunities, Investment Flows Amid Tinubu Visits to Brazil

    Customs Hands Over Seized Expired Pharmaceutical Products to NAFDAC

    FG Keen on Data Governance, Intensifies Efforts to Protect Nigeria’s Cyberspace through Legislative BillEmma Okonji

    Impact Report: Nigeria’s Telecoms Reforms Unlock Billions in Investment

    Leadway Health HMO Wins Award

    Expert: Digitisation Key to Africa’s Sustainable Facilities Management

    School Launches TETFund Blackboard Learning Management System

    LG Launches Intelligent Home Entertainment Products

    Akwa Ibom Tech Week 2025 Set to Boost Digital Growth

    Imo State Hosts Ogwumike, Unveils Foundation for Girls

    YouTube Hosts TV/Film Workshop in Lagos

    FG blames multiple loan deductions for workers’ poor access to housing loans 

    How Nigerian Insurance Reform Act 2025 will reshape the industry – Tunji Andrews 

    Why We pushed NBS to rebase ICT GDP in Nigeria – NITDA DG 

    China’s Guangxi trade with Nigeria hits $320 Million in 2024 

    Roosevelt’s exit: Access Bank denies boardroom rift as rumours swirl 

    FG begins $11m distribution of 1,653 solar cold chain units, allocates highest share to Northwest, Northcentral 

    Tinubu’s reforms have tripled transaction volumes and values in Nigeria’s capital market in 2 years – Chairman NGX Group

    Dino Melaye in trouble over alleged N509.6m tax evasion

    Dino Melaye in trouble over alleged N509.6m tax evasion