News
Billionaire Indimi’s Oriental Oil join league of petroleum product producers in Nigeria
Billionaire Indimi’s Oriental Oil join league of petroleum product producers in Nigeria
By: Bodunrin Kayode
Oil magnate Muhammadu Indimi’s Oriental Energy Resources is set to join the league of petroleum refiners in Nigeria even as his Floating Production, Storage, and Off loading (FPSO) vessel is set to start production when it arrives Nigeria.
The facility which was assembled by
Drydocks World, a Dubai Port (DP) World company, part of a global smart-trade enabler that operates an integrated logistics and supply chain network across Africa and worldwide, carried out a comprehensive refurbishment and conversion of the vessel at its Dubai facility.
The project involved major structural modifications, full marine system upgrades, and the installation and integration of 19 topside production and utility modules, transforming the former oil tanker into a fully operational offshore production unit.
Commissioned by World Carrier Corporation (WCC) on behalf of Oriental Energy Resources Limited (OERL), the FPSO will support production at the Okwok oil field in Nigeria’s offshore Petroleum Mining Lease 15.
Once operational, the FPSO will be able to process up to 70,000 barrels of total liquids per day, manage roughly 15 million standard cubic feet of gas daily and store up to one million barrels of crude oil.
Designed to operate continuously for up to 15 years without dry docking, the vessel is expected to begin production in 2026.
Reacting to the development, Borno State Governor, Professor Babagana Zulum described the Floating Production, Storage, and Offloading (FPSO) vessel as a landmark achievement for Nigeria’s industrial and technological advancement.
Governor Zulum stated this at the sail away ceremony of the EMEM Floating Production, Storage, and Offloading Vessel (FPSO), held at the Drydocks World facility in Dubai, which marked the completion of the vessel, now set to arrive Nigeria.
“The sail away of the EMEM FPSO is more than an engineering feat,” the Governor stated. “It is a powerful statement of confidence in Nigeria’s energy future and a reflection of what homegrown enterprise can achieve when guided by vision, discipline, and excellence.”
He began his remarks by thanking the Government and People of Dubai for their hospitality, noting that hosting the milestone in the UAE “underscores the strength of our mutual commitment to innovation, trade, and sustainable development.”
The EMEM FPSO, a $315 million facility, is the first FPSO to be fully financed by an indigenous Nigerian company, Oriental Energy Resources Limited.
“This achievement does not only contribute to national output, it reinforces our collective belief that Nigeria’s private sector has the capacity to drive growth, create jobs, and compete globally.” said Zulum.
Upon its deployment to Petroleum Mining Lease (PML) 15, the FPSO is expected to boost Nigeria’s oil production and enhance national revenue, aligning with the economic diversification goals of President Bola Tinubu’s Renewed Hope Agenda.
Governor Zulum concluded that the project’s success reflects the “resilience, innovation, and self-reliance” that define ongoing efforts to rebuild Borno State.
“It inspires confidence that, with determination and partnership, Nigeria’s best days lie ahead,” he said.
The event was graced by the Governor of Adamawa, Ahmadu Fintiri and his Akwa Ibom state counterpart, Umo Eno; Billionaire Indimi, Ambassador Babagana Kingibe; Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri and representative of the Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
Billionaire Indimi’s Oriental Oil join league of petroleum product producers in Nigeria
Troops nutrialised several Boko Haram terrorists in Yobe
By: Zagazola Makama
Troops of the Nigerian Army have nutrialised several Boko Haram terrorists after it successfully repelled a terrorist ambush along the Longlari–Kanama road in Yunusari Local Government Area of Yobe State.
Security sources said the incident occurred at about 5:23 p.m. on March 14 when troops of the 159 Battalion Nigerian Army, B Company, stationed in Kanama, were returning from a routine patrol.
.According to the sources, the troops were ambushed by suspected terrorists along the Longlari–Kanama road near Mairari village.
The troops engaged the terrorists with heavy fire and neutralized several of them forcing many of them fo flee.
Following the encounter, the soldiers conducted exploitation of the general area to track the fleeing insurgents.
Troops nutrialised several Boko Haram terrorists in Yobe
Zulum Condemns Maiduguri Explosion, Calls for Calm, Vigilance in Worship, Public Places
Borno State Governor, Professor Babagana Umara Zulum, has condemned in the strongest terms the explosion that occurred in some parts of the metropolis on Monday evening.
Zulum, who is currently in Saudi Arabia for the Lesser Hajj, described the attack as despicable, cruel, and cowardly, targeting innocent people in the holy month of Ramadan.
In a statement, the Special Adviser to the Governor on Media, Dauda Iliya, called for increased vigilance and heightened security measures, particularly in places of worship, as the festive period beckons.
“I am deeply saddened by the explosions that occurred in parts of the metropolis on Monday evening.
My thoughts and prayers are with the families of the victims and those injured as a result of the blast. The act is utterly condemnable, barbaric, and inhumane,” said Zulum.
He added, “The recent surge in attacks is not unconnected with intense military operations in the Sambisa forest and other hideouts of the insurgents.
The Governor, therefore, assured people of the state that the military and other security agencies are on top of the situation, as adequate measures have been taken to forestall any security breach in Maiduguri and the entire state.
He called on residents to remain calm, go about their usual activities, and report any suspicious movement or activity to security agencies.
Zulum Condemns Maiduguri Explosion, Calls for Calm, Vigilance in Worship, Public Places
GOC 8 Division visits troops in Kebbi, urges vigilance in operations
By: Zagazola Makama
The General Officer Commanding (GOC) 8 Division Nigerian Army and Commander Sector 2 of Operation Fansan Yamma, Maj. Gen. PB Koughna, has conducted a familiarisation visit to troops deployed in parts of Kebbi State.
During the visit on March 15, the GOC inspected troops of CSI Battalion III at the Forward Operating Base Dirin Daji in Sakaba area of Zuru Local Government Area, as well as personnel of 223 Light Tank Battalion in the state.
The GOC was received by the Commanding Officers of the units, who briefed him on their operational activities and security situation within their areas of responsibility.
Addressing the troops, Maj. Gen. Koughna urged them to remain vigilant, committed and professional in the discharge of their duties.
He also held an operational meeting with the unit commanders, during which issues relating to ongoing operations and prevailing security challenges within their areas of responsibility were discussed.
The visit ended without incident.
GOC 8 Division visits troops in Kebbi, urges vigilance in operations
Troops nutrialised several Boko Haram terrorists in Yobe
Zulum Condemns Maiduguri Explosion, Calls for Calm, Vigilance in Worship, Public Places
GOC 8 Division visits troops in Kebbi, urges vigilance in operations
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