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Nigeria: Shell Fumes As Rivers Govt Takes Over Kidney Island
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Nigeria: Kidney Island, OML11 - Rivers Govt Declares Possession of Shell Base
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TODAY
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Rivers State Government on Wednesday declared possession and sealed off oil assets loaded Kidney Island, once the operational base of Shell Petroleum Development Company (SPDC) in Port Harcourt.
But Osagie Okunbor, Managing Director, SPDC and Country Chair of Shell Companies in Nigeria, in response dismissed the State Government’s action, describing it as “premature and unlawful”
Rivers Attorney General and Commissioner for Justice, Prof Zaccheus Adangor, SAN, led the sealing of the Kidney Island in said execution of the judgement of the Rivers State High Court.
Adangor emphasised that the action was in the enforcement of Rivers Government interest in the acquisition of 45 per cent equity stake in Oil Mining Lease (OML) 11 and the Kidney Island.
TODAY
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Shell Petroleum Development Company (SPDC) has dismissed a purported takeover of its Kidney Island asset by Rivers state government.
This was disclosed in a statement signed by Gbenga Odugbesan, spokesman for SPDC.
Earlier on Wednesday, Kelvin Ebiri, special assistant to the governor of Rivers state on media, said the Island used by Shell as their operational base in Port Harcourt now belongs to the state government following a certificate of purchase registered in Port Harcourt’s lands registry.
Ebiri had said the facility and Shell’s 30 percent stake in Oil Mining Lease (OML) 11 were “lawfully purchased through public auction ordered by the High Court of Rivers state”.
Shell fumes as Rivers govt takes over Kidney Island
On
By Davies Iheamnachor
The Rivers State government has sealed and taken over the ownership of Kidney Island from Shell Petroleum Development Company, SPDC.
This was as the government secured the enforcement of its interest in the acquisition of 45 per cent equity stake in Oil Mining Lease, OML, 11, and the Island in Port Harcourt.
However, SPDC has dismissed the claim by the state government that it has taken over the facility and interest of the oil giant in OML11, adding that the matter was still in court.
Kelvin Ebiri,Special Assistant to Governor Nyesom Wike on Media, in a statement in Port Harcourt said the Island used by SPDC as their operational base in Port Harcourt, now belongs to the Rivers State government following a certificate of purchase registered in the Lands Registry as No. 6 at page 6 in Vol. 46, Port Harcourt.
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