• Membership
  • Advert Rates
  • Careers
  • About Us
  • Contact Us
  • Digital Store
Monday, June 2, 2025
The Trumpet Newspaper Nigeria
No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition
No Result
View All Result
The Trumpet Newspaper Nigeria
No Result
View All Result
ADVERTISEMENT
Home News

OANDO leverages Rivers’ peaceful climate to achieve 100,000 bpd crude, 1.5B scf gas production target

Chris Nweze by Chris Nweze
October 17, 2024
in News
Reading Time: 2 mins read
0
OANDO leverages Rivers' peaceful climate to achieve 100,000 bpd crude, 1.5B scf gas production target
0
SHARES
9
VIEWS
Share on FacebookShare on TwitterShare on LinkedinShare on WhatsAppShare on Pinterest
OANDO Energy Resources Nigeria Ltd has said that the peaceful business environment in Rivers State is pivotal to the quest by the company to achieve 100,000 barrels per day crude and 1.5 billion standard cubic feet of gas targets respectively in the next five years.

Managing Director of the oil firm, Dr Ainojie Alexander Irune disclosed in an interview with newsmen shortly after a closed door meeting with Governor Siminalayi Fubara at Government House in Port Harcourt on Wednesday.

Dr Irune, said while they have set out ambitious targets, without a harmonious relationship between the firm, the state government and host communities, such business dreams would be difficult to actualize.

ADVERTISEMENT

He said: “We will continue to invest in the upstream, which brings us to the conversation of why we are here. We have ambitions to deliver a 100,000 barrels per day production target over the next 4 to 5 years, and over 1.5 billion standard cubic feet of gas.

“We can only do that in harmony. We can’t do it in a chaotic environment. And we have chosen this state as our base whilst we produce from three other states of Bayelsa, Imo and Delta.

“And these assets span Oil Mining Leases (OMLs) 60, 61, 62 and 63 in all of these states. So, we plan continuous investment, but our priority for investment must be not just in the assets but also in the communities that these assets operate.”

Dr Irune explained that Rivers State, particularly Port Harcourt, is their main base of operation, adding that they are delighted with the meeting they have had with the Governor as a mark of respect to their chief host.

The Oando MD noted that with the untiring leadership provided by Governor Fubara, there is prevailing peace that has contributed immensely to business stability.

Dr Irune said: “As you know; Oando Energy Resources, Port Harcourt Base, is located in this State, and our smooth operations, so far, has been a function of a stable environment, a stable community, and the ability for us to carry out our day-to-day operations within this community.

“So, we are here to pay that courtesy visit and thank the Governor for the continued support that he has given to the company.

Read also: Headline inflation drops to 32.15% in August 2024, says NBS

“We believe that the operating environment has been relatively improving. We see some unrest in some areas, especially as it relates the issue of pipeline vandalism, but we see significant improvement.”

Dr Irune stated that they have continued to engage with all relevant stakeholders, including the host communities, who must be carried along on their business journey towards achieving success.

He noted the level of transformation the company wants to create in their determination to contribute to fostering a more habitable and more dignifying ecosystem.

He added, “And, I believe that this will be the first step to reducing the level of destruction that we see. Overall, there is a peaceful Rivers State, a peaceful environment.

“The government agencies are very cooperative and our local communities are, so far, being extremely welcoming, and have shown a lot of pride in the transitioning into indigenous hands of the formerly known Eni Agip held assets to a local company, Oando Energy Resources, to invest in the country,” he added.

Tags: Governor Siminialayi FubaraOandoRivers State
Previous Post

Enugu Govt. begins construction of 15 rural access roads to improve agricultural production

Next Post

Pro-Fubara lawmakers threaten sanctions against Amaewhule, others over impersonation

Chris Nweze

Chris Nweze

Next Post
Pro-Fubara lawmakers threaten sanctions against Amaewhule, others over impersonation

Pro-Fubara lawmakers threaten sanctions against Amaewhule, others over impersonation

About The Trumpet

The Trumpet is a Nigerian based national news media, owned, trademarked and operated by Elomaz Communications Limited with headquarters in FCT-Abuja and regional offices in Lagos and Delta States

Follow Us

Resources

  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

Recent News

Kano Athletes Accident

FRSC probe accident involving Kano athletes, say spot notorious for years

June 2, 2025
Blessing Oborududu of Nigeria

NUJ Bayelsa fecilitates African wrestling champion Oborududu on retirement

June 2, 2025
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us
  • Cookie Policy
  • Disclaimer
  • Contact us
  • About Us

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

No Result
View All Result
  • Home
  • News
    • Breaking News
    • Headlines
    • Metro
    • Health
  • Politics
  • Business
    • Ecommerce
    • Economy
    • Start-up
  • Entertainment
  • Sports
  • Opinion
    • Religion
    • Columnists
    • Contributors
    • Editorial
  • Global
    • Climate
    • Culture
    • Tourism
    • Technology
    • Weather
    • Social Media
  • e-Edition

© 2025 The Trumpet News Papers - Developed by VIS Nigeria.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT
Go to mobile version
Verified by MonsterInsights