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THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi - Politics - Nairaland

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THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by omoalaro: 12:25pm On Jul 13, 2020
Contrary to the claim by the Chairman of the Senate Committee on Business and Rules, Senator Ita Enang, last week that 83 per cent of oil blocks in the country are owned by northerners, investigations by THISDAY have revealed that 88 per cent of the oil blocks are owned by multinational oil companies.

BY SEGUN ADENIYIMAR 14, 2013

 

Contrary to the claim by the Chairman of the Senate Committee on Business and Rules, Senator Ita Enang, last week that 83 per cent of oil blocks in the country are owned by northerners, investigations by THISDAY have revealed that 88 per cent of the oil blocks are owned by multinational oil companies.

On the other hand, indigenous oil operators or Nigerian companies control only about 11 per cent, confirming the assertion by human rights lawyer, Femi Falana, last week that oil majors control and manage the lion’s share of the Nigerian oil and gas industry.

THISDAY had also pointedly observed that Enang’s allegation referred to only indigenous oil operations, not total oil output in the country.
Investigations also revealed that even among indigenous oil operators, northern shareholders/directors do not account/own 83 per cent of local oil output, as Enang’s list left out several oil blocks that had been awarded over the years to Nigerian companies and failed to include oil concessions awarded from 1999 to date.

A breakdown of oil leases granted operators showed that the total number of Oil Mining Leases (OMLs) in operation by December ending 2012 was 109, while Oil Prospecting Leases (OPLs) stood at 92.

The Federal Government had in 2012 set a production target of 2.48 million barrels per day (mbpd), of which 1.5 million barrels of oil per day (mbpd) were expected from the onshore and shallower water terrain, while deepwater concessions accounted for 900,800 bpd, which are currently controlled by the multinational companies.

Of the 2.48 mbpd produced last year, the entire production by indigenous companies totalled 276,000 bpd, accounting for about 11 per cent of Nigeria’s production.

Among the IOCs, Shell Petroleum Development Company (SPDC) produced 605,539 bpd, Mobil Producing Nigeria Unlimited (Exxon Mobil) - 528,000 bpd, Chevron Nigeria - 489,999 bpd, Total Elf - 400,134 bpd, Agip – 98,284 bpd; and Addax  - 90,489 bpd respectively.

In comparison, local oil companies led by the Nigerian Petroleum Development Company (NPDC), the exploration and production arm of the NNPC produced 125,828 bpd in 2012, Seplat Petroleum - 40,033 bpd, Pan Ocean - 7,387 bpd, while others described as independent marginals produced 102,797bpd.

A detailed breakdown of indigenous concessions and their directors/shareholders are shown in the table below:

Indigenous Operators

S/No

Name of Operator

LicenCe

Year of Award

Names of Directors/shareholders

1. Alfred James Petroleum OPL 302 1991

Adewunmi Sijuade, Goke Sijuade, Adedeji Sijuade, Olayinka Sijude, Adeyemi Osiyemi and Femisola Awosika, with A.O Adeyinka as Chairman

2. Soglas Nigeria Limited OPL 226 1991

Oscar P. Udoji, P.E Udoji, E.E. Nwosu, with J.O. Udoji as Chairman

3 NorthEast Petroleum OPL 215, 840 &902 1991

Kommer Complex Limited, Nwokema Ngozi Mbu, Abubakar Jubril and Ashiru B. Aliu, A. Ayankoya with Saleh Jambo as Chairman

4. Optimum Petroleum OPL 310 1992

R.D. Adelu, Yusuf N'jie and O.A. Aremu with Ibrahim Bunu as Chairman

5. Sunlink Petroleum OPL 238 & OPL 311 1993

Olaniyi Olumide, Hayford Alile, Samuel Bolarinde, Richard Adelu, Martins Olisa, John Brunner and Emmanuel Ojei

6. Express Petroleum OPL 108 & 227 1995

Ahmade Rufai, Tajudeen Dantata, Dalhatu Gwarzo, Lawan Omar with Aminu Alhassan Dantata as Chairman

7. Dubril Oil Co. Nigeria OPL 96 1987

B.N. Itsueli, C.A. Itsueli, O.O. Itsueli, A.E. Ihuegbu with U.J. Itsueli as Chairman.

8. Amni Int. Petroleum OPL 112 &117 1998 &1999

E.C Edozien, Tunde Afolabi with Sanni Bello as Chairman

9. Atlas Petroleum Int. Nig Ltd OPL 109 1996

Umaru Ndanusa, Ikechukwu Joseph, Mohammadu Murtala with Arthur Eze as Chairman

10. Consolidated Oil OPL 103, 458, 136 1993, 1998 &2006

O. Adenuga and Ebi Omatsola with Mike Adenuga as Chairman

11. Oriental Energy Resources OPL 115 1999

Usman Danburan, Jibril Mohammed Indimi with Senior Mohammed Indimi as Chairman

12. Cavendish Petroleum Nig. Ltd OPL 110 1996

Gambo Gubio with Mai Deribe as Chairman

13. Allied Energy Resources Nig. Ltd OPL 120 & 121 2001

Mickey Lawal  as Director with Kase Lawal as Chairman

14. Peak Petroleum OPL 122 2001

Adekunle Olumide, W. Bolaji, Florence D. Oluokun and Ayodeji Oluokun with M.A. Oluokun as Chairman

15. Summit Oil Nig. Limited OPL 205 and 206 1990

L.K.O Abiola, Radio Communications Nig. Ltd with M.K.O Abiola as Chairman

16. Crownwell Petroleum Ltd OPL 305 AND 306 1993

S.K Adejumo with Sair Kuashi as Chairman

17. Famfa Oil Ltd OPL 216 (OML 127) 1993

Folorunso Alakija wit Modupe Alakija as Chairman

18. MoniPulo OPL 114, 239, 234, 231 1999, 2008, 2008, 2007

F.A. Agama with O.B. Lulu Briggs as Chairman

19. Yinka Folawiyo Pet. Company OPL 113 1998

S.T. Folawiyo, T.B Folawiyo with W.I Folawiyo as Chairman

20. Zebbra Energy Limited OPL 248 2004

S.A. Oloko, Boni Madubunyi, Zimako O. Zimako with A.B.C. Orjiako as Chairman

21. Oil and Gas Limited OPL 249 and 140 2003, 2006

M.O. I drisu with Reggie Uduhim as Chairman

22. Continental Oil and Gas Limited OPL 59 1998

Agbolade Paddy, Subair Shefiu with Mike Adenuga as Chairman

23. Emerald Energy Resources OML 141 2001

J.O. Amaefule, P.L. Caldwell, A.C. Uzoigwe, Amos NUR, C.N. Chieri, Femi Akingbe, F.A. Njoku with Emmanuel Egbogah as Chairman

24. Oranto Petr. Limited OPL 320 2002

Arthur Eze as Chairman

25. Dajo Oil Limited OPL 320 2004

R.B. Domingo, M.O. Domingo, U.R. Domingo with Domingo Obande as Chairman

26. Malabu OPL 245

 

Dan Etete as Chairman

27. Orient Energy OPL 915, 916

 

N. Nwawka with Emeka Anyaoku as Chairman

28. Sahara Energy Exploration OPL 284, 228, 332 2005, 2006

Buba Lawal, Cole Tonye, Odunsi Ade as Diectors

29. Enageed Resources Limited OPL 274 2007

Buba Lawal, Cole Tonye, Odunsi Ade as Diectors

30. Seplat OPL 4, 38, 41 2010

A.B.C. Orjiako and Austin Avuru

31. Ekcrest E & P Limited OPL 40 2012

Emeka Offor as Chairman

32. First Hydrocarbon OPL 26 2011

O.A Azazi as Chairman

33. Neconde OPL 42 2011

Amesi Azudialu, John Umeh, Nnenna Obijesi

34. Niger Delta Western OPL 34 2012

Olayiwola Fatona, David Richards, P.O. Balogun, T. Omisore

35. Transcorp OPL 281 2011

Jim Ovia, Tony Elumelu, Femi Otedola, Funso Lawal, Jacob Ajekigbe, Tony Ezenna, Ndi Onyiuke Okereke, Fola Adeola and Nicholas Okoye

36. Starcrest, Cross River Energy & NPDC OPL 242 2011

Emeka Offor, Chris Garuba

37. Starcrest OPL 291

 

Emeka Offor, Gidado Idris, Yzoni Yaw

38. South Atlantic (SAPETRO) OPL 264 (130) 1998

Miguel Guerrero, Joy Ikiebe, Guerrrero, with T.Y. Danjuma as Chairman

39. Oando OPL 278, 236 2005, 2006

Magoro, J.A. Tinubu, O. Boyo, M.O. Osunsanya, O. Adeyemo, O. Akpata, Oba Gbadebo, A. Peppe and Appiah Korang

40. Ashbert OPL 325

 

Albert Esiri, Ifeoma Esiri

41. Oil World OPL 241 2007

Gbenga Olawapo, Adekunle Akintola, Ibukun Olawepo, Rachael Akintola

42. Pan Ocean OPL 98, 275 1976, 2007

F.A. Fadeyi, M.D. Yuduf, S.D. Adeniyi

43. Cleanwater Consortium OPL 289 2007

Arumeni-Ikhide Joseph, Okey Nzenwa, Abu Ibrahim

44. Afren Global Resources OPL 907, 917 2005, 2008

Rilwan Lukman, Osmah Shahenshah, Evert Jan Mulder, Peter Bingham, Guy Pass, Bet Cooper, Constantine, Egbert Imomoh

45. Centrica/CCC/All Bright Consortium OPL 276, 283 2005, 2006

Jake Mirica, John Sheers

46. Gas Transmission & Power Ltd OPL 905 2005

Ahmed Joda, Babangida Hassan Katsina, Makoji Aduku, Abubakar Joda
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by LongLife4all: 12:33pm On Jul 13, 2020
Dem do share everything to themselves leaving ordinary citizens gasping for breath for survival.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by omoalaro: 12:46pm On Jul 13, 2020
So, who sold the lies to us that most of the oil blocks belongs to the northerners?

12 Likes 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by SmartProf(m): 12:48pm On Jul 13, 2020
All these ones regardless of tribe know nothing else than to shout 'One Nigeria' since they are the ones really harvesting all the monies from this terrible entity. U can never hear them criticize the many evils in this country since they are all observing 'table manners' as per them no fit talk while dem dey chop. They are known to support any government in power.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by Webmannigeria: 12:54pm On Jul 13, 2020
hmmmm is this true?

1 Like

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by IamWonderful: 12:54pm On Jul 13, 2020
Knowledge is power

1 Like

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by IduNaOba: 12:59pm On Jul 13, 2020
Funny.
People can own stuff indirectly.

2 Likes 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by omoalaro: 6:51pm On Jul 13, 2020
IamWonderful:
Knowledge is power

Many Nigerians are still ignorant of the fact that more than 80% of oil block owners are southerners, we keep believing lies dished to us on social media that 99% of oil blocks are owned by the northerners.

5 Likes 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by Nobody: 7:19pm On Jul 13, 2020
No matter how long the night is, day must surely break.

1 Like

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by proudevil: 8:43pm On Jul 13, 2020
Wow..........this is why Nigeria will never breakup.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by tobechi20(m): 9:18pm On Jul 13, 2020
if my name is not there,it is fake news
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by micfoley: 11:15pm On Jul 13, 2020
Ok o
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by jchioma: 12:05am On Jul 14, 2020
There is a reason "one Nigeria" will never end.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by Golan007: 12:27am On Jul 14, 2020
omoalaro:
So, who sold the lies to us that most of the oil blocks belongs to the northerners?

The lackeys of politicians.

Those that can never accept the truth.

Even with such a list, they would dispute it without actually telling you which of the companies in particular is owned by a northerner and who.

Nigerians love lies, they tell it to themselves so much it becomes their truth.

Till tomorrow, Nigerians do not believe THEY are the cause of their own problems.

2 Likes 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by seagulsntrawler: 12:37am On Jul 14, 2020
Na wa oh!

For poems that will give you encouragement and strength in this turbulent times, please check this site: https://www.poeticmessages.com/2019/11/christian-poems-of-encouragement-and-strength.html
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by Dansuqi: 12:59am On Jul 14, 2020
I had always known that we southerners own more oil blocs and wells than northerners.most times,we unfairly Blame the north

1 Like 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by kayfra: 1:08am On Jul 14, 2020
Afonjas dominates yet again
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by omoalaro: 9:09am On Jul 17, 2020
Xposed2020:
No matter how long the night is, day must surely break.

True words.

1 Like 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by omoalaro: 7:40am On Jul 19, 2020
IduNaOba:
Funny.
People can own stuff indirectly.

But we can always check ownership online with the corporate affairs commission.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by PremierGuy(m): 7:46am On Jul 19, 2020
Is it constitutionally acceptable for individuals to own oil wells in Nigeria?
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by tamdun: 8:22am On Jul 19, 2020
omoalaro:


Many Nigerians are still ignorant of the fact that more than 80% of oil block owners are southerners, we keep believing lies dished to us on social media that 99% of oil blocks are owned by the northerners.
And those dishing out the lies knew it, I wonder why people still listen to Ita enang

1 Like 1 Share

Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by nisai: 10:09am On Jul 19, 2020
kayfra:
Afonjas dominates yet again
You sabi ijogbon small o grin
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by omoalaro: 7:35am On Jul 25, 2020
PremierGuy:
Is it constitutionally acceptable for individuals to own oil wells in Nigeria?

Yes, you can apply for an oil mining license. There are 57 marginal oil field licences currently on offer right now.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by RichBoy247: 7:38am On Jul 25, 2020
This useless Obasanjo's former aide will not stop writing rubbish. Very soon, he will say Obasanjo has impregnant imPatience Jonathan, somebody that has replaced her womb with our stolen money.
Re: THISDAY: Real Ownership Of Indigenous Oil Blocks Revealed By Segun Adeniyi by BlackfireX: 8:10am On Jul 25, 2020
If yorubas dominate the oil well... I see no reason why we should be angry when other tribe dominate other areas..

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