President Muhammadu Buhari has ordered the Nigerian National Petroleum Corporation (NNPC) to take over the operator-ship of the entire Oil Mining Lease 11 from Shell Petroleum Development Company (SPDC).
According to a letter from the State House, Abuja, to the Group Managing Director, NNPC, Maikanti Baru, signed by Chief of Staff to the President, Abba Kyari, the President’s directive clearly stated that the entire operator-ship of OML 11 should be taken over by the NNPC/Nigeria Petroleum Development Company, not later than April 30, 2019.
NPDC is the flagship oil exploration and production subsidiary of the NNPC, and the liaison office of the company acknowledged receipt of the letter on March 5, 2019.
OML 11 lies in the Southeastern Niger Delta and contains 33 oil and gas fields, eight of which are producing as per 2017. In terms of production, it is one of the most important blocks in Nigeria.