The Nigerian National Petroleum Corporation (NNPC) says it will resume oil search in the Chad Basin as soon as it receives security clearance. The outgoing group managing director of the corporation, Maikanti Baru, disclosed this on Wednesday, when Bala Mohammed, Bauchi state governor, paid him a business visit in Abuja.
Meanwhile, President Muhammadu Buhari has appointed Mr Mele Kolo Kyari as the new General Managing Director of Nigerian National Petroleum Corporation (NNPC).
The President also appointed seven Chief Operating Officers alongside Kyari. The newly appointed officers are to work with current officeholders till the seventh of July, 2019, towards a smooth transition on 8th July 2019 when their appointments would take effect to ensure a smooth transition.
This was disclosed in a statement signed today by the NNPC Group General Manager, Group Public Affairs, Ndu Ughamadu. Ughamadu also disclosed that the corporation has suspended drilling in the Chad Basin after some members of its Frontier Exploration Services and Renewable Energy Division (FESRED) and their consultants from the University of Maiduguri were attacked and abducted on the twenty-fifth of July, 2017.
Operations had previously been halted in November 2014, due to the activities of Boko Haram insurgents in the region.