International Oil Companies (IOCs)

POLITICS OF OIL MULTINATIONALS’ RELOCATION TO THE NIGER DELTA BY Zik Gbemre

May 22, 2018 Amurun KelvinLeave a Comment

With regards to the back-and-front bickering and complaints concerning the gross failure of Oil Multinational companies/International Oil Companies (IOCs), operating in the Niger Delta to relocate their Head Offices/headquarters to the region despite several directives from the Federal Government of Nigeria, we strongly believe that the Federal Government and its Nigerian […]

Nigeria’s acting President Osinbajo directs IOCs to relocate headquarters to Niger Delta

March 3, 2017 Amurun KelvinLeave a Comment

Acting President, Prof. Yemi Osinbajo has directed the International Oil Companies operating in the Niger-Delta region to relocate their headquarters to their States of operation to mitigate tension in host communities. Osinbajo, gave the directive at a Town Hall meeting in Uyo, Akwa Ibom State capital on Thursday during continuation visit to the region to […]

FG to exit call arrangement with IOCs

November 17, 2016 Amurun KelvinLeave a Comment

The Federal Government has revealed it will exit all cash call arrangement it has with oil and gas companies including International Oil Companies (IOCs), Indigenous Oil Companies all other stakeholders in the sector. Cash call arrangement is an investment policy where all parties contribute to funding oil exploration and production operations in the proportion […]