SPDC Joint Venture conducts asset inventory in Ogoniland
Apr 10, 2013
The Shell Petroleum Development Company of Nigeria (SPDC) Ltd Joint Venture has commenced an inventory of its assets in Ogoniland in line with the recommendations of the UNEP report.
As part of the UNEP report, SPDC JV was required to conduct a comprehensive review of its assets in Ogoniland and develop a decommissioning plan.
The company held engagements and consultations with communities after which the asset inventory commenced with bush clearing in Q4 last year. The assets being identified include flowstations, compressor and gas plants and pipelines. Seven fields have so far been covered.
“I wish to make clear that the exercise is not an attempt to secretly resume oil production in Ogoniland,” said SPDC Managing Director and Country Chair, Shell Nigeria, Mutiu Sunmonu. “The intention is to determine the state of our facilities since we suspended operations in the area in 1993, and determine how best to decommission them. We are grateful for the co-operation of local government councils and the communities, including traditional rulers, and are working to complete the exercise later this year.”