Skip to content
August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Indigenous participation in the Upstream space nascent – Aiteo
  • National News

Indigenous participation in the Upstream space nascent – Aiteo

Admin December 10, 2021
Aiteo oil spill in Nembe

Aiteo oil spill in Nembe

Dec. 10, 2021

…Says intensifying clean up of Nembe oil spill

Aiteo Eastern Exploration and Production Company says it is intensifying clean up from the Nembe oil spill after the leak was plugged.

A statement by Mr. Victor Okoronkwo, Aiteo’s Group Managing Director, said the Nov. 5, leak was stopped by collaboration driven by Nigerian experts.

Okoronkwo said, “Indigenous participation in the Upstream space is nascent.

“The efforts evident in the management of this incident, especially the remarkable Aiteo E&P Health Safety and Environment Policy, which mitigated adverse impact, was patriotic.

“It foretells the progress that has been made in building, growing, and elevating both expertise and technical capabilities by indigenous oil companies such as ours.

“The professionalism with which the technical and support personnel execute this significant operation cannot be overemphasised, especially, considering the challenging operating terrain.

“The clean-up efforts that were concurrently executed throughout this period to limit the spread of hydrocarbon will now be comprehensively escalated.’’

He said that concerted efforts would be channeled towards increasing remediation measures.

Okoronkwo added, “In prosecuting the remediation activities and in aligning with Aiteo E&P’s strategic priorities, to ensure uninterrupted continuation of the living conditions and wellbeing of the communities remain the paramount consideration.’’

Meanwhile, Prof. Richard Steiner, an Oil Spill Specialist, reacting to the plug of the leak, suggested that the well head be preserved for examination by independent experts.

He said that this became necessary given the controversy that trailed the cause of the leak.

Steiner called for the adoption of international best practices and transparency in the investigation of the cause of the incident.

“There is a critical need to have the failed wellhead at Nembe OML29 preserved as evidence, and examined by independent engineers to determine cause of the failure.

“If it is not preserved under rigorous chain-of-custody procedures, we will never know if it had been adulterated before the blowout or after or whether this was caused by simple equipment failure,’’ he said.

While the oil firm said it suspected sabotage, the Bayelsa Government and impacted communities claimed the spill was caused by equipment failure.

However, the National Oil Spill Detection and Response Agency (NOSDRA) had urged parties to desist from making assumptions that would prejudice investigation.

Mr Idris Musa, NOSDRA’s Director-General, had dismissed the positions held by parties on the spill as guess work.

He said that only an evidence-based investigation led by the agency would determine the cause and volume of spill.(NÀN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Aiteo Idris Musa Nembe oil NOSDRA Victor Okoronkwo

Post navigation

Previous Late Okwaraji, Yekini, Blankson honoured at African Illustrious Award night
Next Alleged fraud: Court adjourns Ex-Governor’s case until Jan. 24

Related Stories

Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism
  • National News

Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism

August 6, 2026
LAWMA crackdown: Yaba traders plead for reopening of sealed shops managing director
  • National News

LAWMA crackdown: Yaba traders plead for reopening of sealed shops

August 5, 2026
NANS issues 72-hour ultimatum to Ogun Govt. over abducted students june 12
  • National News

NANS issues 72-hour ultimatum to Ogun Govt. over abducted students

August 5, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

N11bn suspected fraudulent transactions made us freeze Osun state account: EFCC Scammers
  • Crime and Justice

N11bn suspected fraudulent transactions made us freeze Osun state account: EFCC

August 6, 2026
Largest rescue operation in history excites Tinubu; 308 victims now free
  • Crime and Justice

Largest rescue operation in history excites Tinubu; 308 victims now free

August 6, 2026
Tinubu’s policy reforms responsible for strong corporate results: Presidency
  • Business & Economy

Tinubu’s policy reforms responsible for strong corporate results: Presidency

August 6, 2026
Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism
  • National News

Obi faults attacks on Catholic Bishops, urges Tinubu to embrace constructive criticism

August 6, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.