Agip
House Of Reps Cancel $1.1bn Malabu Oil Deal
Sale Of Oil Block OPL 245 By Malabu To Shell & Agip
Letter Of Complaint Regarding Sale Of Oil Block OPL 245 By Malabu To Shell & Agip
December 11, 2011
By Ademola WilliamsDear Sirs: On the 7th of December 2011 various news papers internationally and local published a report that Royal Dutch Shell and Eni said on Wednesday they have bought the prospective Nigerian deep offshore oil block OPL 245: these reports were given to all the various news outlets by Shell and ENI (Agips parent company), Shell, Eni buy Nigerias controversial OPL 245
As a concerned Nigerian, I urge the House Committee on Upstream Petroleum, to investigate the approval of the above Oil license and sale to Shell & Agip by DPR and the Ministry of Petroleum; and consider the transfer of ownership to Shell and Agip as illegal; in addition to revert the said oil block to its previous status and only allow such oil block to be sold to parties who fit the requirement of the oil blocks initial license. Which says that no foreign company can directly or indirectly buy more than 40% of the oil block.
Nigeria: Oil Fields – Senate Committee Faults Shell/Agip’s Agreement
Director of DPR, Aliyu Sabo-Benu, said the operating agreement between Agip and Shell in respect of the oil blocks was illegal.
Kazakh superfield delayed yet again
Of the 15 former Soviet republics, Kazakhstan is sitting on the sole "superfield" discovered in the last three decades. With proven reserves of 35 billion barrels, Kazakhstan potentially contains the world's third largest reserves of oil, after Saudi Arabia and Iraq.
Ogoni people welcome Nigerian move against Shell
The Movement for the Survival of the Ogoni People (MOSOP), whose former head Ken Saro-Wiwa was hanged for his stance against the effects of oil-drilling, notably by Shell, called the move "a bold step that stands the brightest chance of quickening the resumption of oil activities in Ogoni."