Oil exploration
Oil exploration

Federal Government may ignore the call by some Stakeholders in the Nigerian Oil and Gas industry to cancel the 260 million US Dollars Contracts for the ExxonMobil’s Usan Field.
The contracts involve the provision of DP2-DP3 Construction Platform Vessel; Provision of DP2 4800 DWT Platform Support Vessel (PSV); and Provision of Fast Supply Intervention Vessel (FSIV) for Usan deepwater project.
ESSO took over the operatorship of Usan Field from Total Upstream Nigeria Limited (TUPNI) on February 1,2014 and inherited all contracts running on the Usan Field.
The Nigerian Content Front (NCF), recently asked the Minister of State for Petroleum Resources, Dr Ibe Emmanuel Kachikwu, to cancel the Contracts and threatening to drag NAPIMS before the Economic and Financial Crimes Commission (EFCC).
But the Niger Delta Indigenous Movement for Radical Change, NDIMRC in a swift reaction, implored Dr Kachikwu to ignore the call of what it calls, “hired stakeholders”
In a statement by its President, Nelly Emma, Secretary, John Sailor and Public Relations Officer, Stanley Mukoro, the group said the award of contract followed due process Even as it reaffirmed its earlier clean bill of health on the National Petroleum Investment Management Services (NAPIMS), a subsidiary of the NNPC.
“We want to restate that those seeking for the cancellation of the contract duly awarded and are being economical with the truth. This multi-billion Naira deal was managed by Total Upstream Nigeria Limited (TUPNI) for two years before it was taken over by ExxonMobil and it is not true that NAPIMS allegedly approved the contract illegally.”
The group said, “The NNPC has cleared the air on this issue in a recent advertorial in one of the national dailies and we have expected that those still rooting for the cancellation of the contract would have allowed a sleeping dog to lie.”
The statement by NDIMRC added, “our humble appeal to the Federal Government to ignore the hired Stakeholders who are out to mislead the public by calling for the cancellation of the contract as NNPC has set the records straight on the issue.”
The group while hailing the anti-corruption stance of President Muhammadu Buhari said “The new management of NAPIMS has brought alot of innovations into the system and deserves commendations, especially for the promotion of the Nigerian Local Content.”

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