RIVERS SEEKS DIALOGUE WITH FG OVER CEDED OIL WELLS

The Rivers State Government has said it would open dialogue with the federal government over its ceded oil well to correct imbalances in its revenue.

The state Governor, Nyesom Wike, said the state would dialogue with the federal government through the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) to resolve the issues of oil wells of the state and ensure that the state gets its right revenue.

 

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TOTAL BEGINS PRODUCTION FROM DALIA FIELD

Total said it has started production from Dalia Phase 1A, a new development on the offshore operated Block 17, located 83 miles off the coast of Angola.

The Dalia Phase 1A project involves the drilling of seven infill wells tied back to the Dalia Floating Production Storage and Offloading (FPSO) unit. The project will develop additional reserves of 51 million barrels and will contribute 30,000 barrels per day to the Block’s production, according to Total.

Read more @ The Nation