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NPDC takes over Shell’s oil wells in Ogoniland

•Reserves to hit 750 million barrels in five years The problems associated with the operations of the 30 oil wells belonging to Shell Petroleum Development Company in Ogoniland is set to be resolved as the Nigerian Petroleum Development Company (NPDC), the producing arm of the Nigerian  National Petroleum Corporation (NNPC),  is set to take over the operations of the fields soon. The NPDC will enter into partnership with Shell Petroleum Development Company, which was forced to abandon the fields ...
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Added July 19, 2010
from Businessday Nigeria