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Monday, March 17, 2014
Illegal oil bunkerers and/or saboteurs who have continually tapped pipelines operated by Shell in Nigeria’s Niger Delta, on the whole have left the acreage’s new owners alone. Over the past few years Shell has sold off some of its stakes in the Niger Delta, with some of that acreage going to Seplat Petroleum Development Co.
The indigenous firm said it had “absolutely no” theft in Nigeria, where Shell claims to have lost almost $1 billion due to sabotage in 2013.
Seplat bought three licenses from Shell in the Niger Delta during 2010 and has added to the production on the acreage considerably, with none of this production being lost to thieves or saboteurs. Chairman, A.B.C. Orjiako said this was because of its development of the “Seplat model” of engagement with communities, which includes hiring locals to provide services and oilfield security.
“We haven’t employed the thieves and criminals, but we made things difficult for them to operate in the area,” Orjiako said in a Business News interview. “Today we are very happy to see that Seplat has absolutely no incidents or disruptions due to community unrest.”
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