Business NNPC Kicks Off Crude Oil Exploration In Nasarawa On Presidential Order

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Oil search in the nation’s inland basins received a fresh impetus following the commencement of exploration activities in the Benue Trough by the Nigerian National Petroleum Corporation (NNPC).

In a statement released by the NNPC in Abuja, the Group Managing Director of the Corporation, Mr. Maikanti Baru, announced this development during a visit to the Governor of Nasarawa State, Mr. Umaru Tanko Almakura in Lafia.

Baru stated that the visit was in fulfillment of the Presidential mandate which directed NNPC to resume oil exploration activities in some of the nation’s inland basins which include the Chad Basin and the Benue Trough.

He said the Presidential mandate was driven by the urgent need for the nation to increase its oil and gas reserves, thereby improving revenue streams and creating more business and employment opportunities for Nigerians. Baru added that the move was also in line with NNPC’s corporate vision of 12 Business Focus Areas (12 BUFA), informing Governor Almakura that the NNPC team was in Nasarawa to sensitise the government and people of the state on the mission.

“I am therefore happy to be personally here to kick-start the beginning of a high-profile stakeholder engagement towards oil exploration in the Nasarawa State’s part of the Benue Trough,” he stated.

He assured that as a responsible corporate organization, NNPC through its Frontier Exploration Services (FES) would do everything possible to operate peacefully among the people and with much respect to the environment. Already, the GMD noted, the Corporation’s Frontier Exploration Services (FES) had mobilized the Integrated Data Services Limited, IDSL, an upstream arm of the NNPC, to acquire seismic data in the Benue Trough commencing from the Keana area.
 

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