Nigerian gov’t takes over oil block from Shell

2019-03-14 16:24:03

The Nigerian government has directed the National Petroleum Corporation to take the operating license granted for oil giant Shell.

Oil Mining Lease 11, located in Ogoni, Rivers State (OML 11) is one of the most important oil blocks in Nigeria, in terms of oil and gas production. It lies in the south eastern Niger Delta and contains 33 oil and gas fields, including Bodo, Bodo West and Yorla fields.

Shell had in 2018 applied for the renewal of the license for another 20 years but the Department of Petroleum Resources (DPR) proposed to split the acreage into three because of its large size.

Exactly 26 years after the people of Ogoniland in Rivers State sacked Shell Petroleum Development Company (SPDC) following the killing of Dr. Ken Saro-Wiwa, President Muhammadu Buhari has revoked the operating licence granted the oil giant for Oil Mining Lease (OML) 11.