Home General News FG revokes oil mining licence of five companies

FG revokes oil mining licence of five companies

The Department of Petroleum Resources (DPR) has revoked the oil mining licences (OML) and one oil prospecting licence (OPL) belonging to five companies.

 

A statement released by the agecy today Thursday June 6th, says the revocation was based on a presidential directive to “recover legacy debts” owed by the companies operating the licences.

 

According to the statement, the five companies affected are Summit Oil International (OPL 206), Express Petroleum and Gas Company (OML 108), Cavendish Petroleum Nigeria (OML 110), Pan Ocean Oil Corporation (OML 98) and Allied Energy Resources Nigeria, (OML 120 and 121).

Vanessa Lawson
Vanessa Lawsonhttps://360aproko.com/
I love everything writing and informative, it lightens my soul.

Must Read

28-year-old man arrested for defiling eight year old girl in Lagos

The police in Lagos state have arrested a 28 year old man, Anudumoapo Aiodun, for allegedly raping and defiling an eight year old girl.   A statement released...

Prince Harry celebrates his first Fathers day with adorable photo of his son, Archie

Prince Harry is celebrating his first Fathers day and what better way to mark the day than to share this adorable photo of his son, Archie.   The photo...

Chelsea legend, Frank Lampard ‘agrees to become new coach at Stamford Bridge’

Chelsea legend, Frank Lampard, 40,  has reportedly agreed to become the new coach the club for two years following the departure of  Maurizio Sarri to Juventus. According...

Juventus confirm arrival of Maurizio Sarri as new manager on three-year deal worth £18m

Serie A champions, Juventus have confirmed the arrival of Maurizio Sarri on a three-year deal. The club took to Twitter this afternoon to announce his...

NAFDAC to regulate Sniper insecticide over recent cases of suicide

NAFDAC to regulate sniper over the recent cases of suicide The National Agency for Food and Drug Administration and Control (NAFDAC), is considering modifying the...