By Nneka Nwogwugwu
Sterling Oil, a subsidiary of Natural Oilfield Services Limited (NOSL), operator of Oil Mining Lease, OML 13, belonging to the Nigerian Petroleum Development Company, NPDC, has confirmed that it will commence oil production in Akwa Ibom State, by the end of 2022.
The Chief Executive Officer, Sterling Oil, Mr. Mohit Barot, who did not disclose the quantity, noted that the company is currently active in 18 locations and operational at Eastern Obolo, ONNA and Mkpat Enin local government areas, during the inspection of the project, Friday.
He said in a statement as quoted by the Vanguard: “We are currently in the advanced stages of completing the onshore facilities for processing and storage of oil. We will have the first oil by end of 2022.”
He also stated that the company has already created over 1,000 jobs for youths in the area, carried out numerous corporate social responsibility initiatives in line with their community development plans to include road construction in the community, community halls, education support to students, ICT and on the job training to local community youths, empowerment of women and other life touching projects to improve the economic life of the host community.