{"id":570,"date":"2021-09-28T22:43:53","date_gmt":"2021-09-28T21:43:53","guid":{"rendered":"https:\/\/coastaltimes557122118.wordpress.com\/2021\/09\/28\/breaking-iocs-to-relocate-headquarters-to-niger-delta-as-senate-begins-process\/"},"modified":"2021-09-28T22:43:53","modified_gmt":"2021-09-28T21:43:53","slug":"breaking-iocs-to-relocate-headquarters-to-niger-delta-as-senate-begins-process","status":"publish","type":"post","link":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/09\/28\/breaking-iocs-to-relocate-headquarters-to-niger-delta-as-senate-begins-process\/","title":{"rendered":"BREAKING: IOCs To Relocate Headquarters To Niger Delta, As Senate Begins Process"},"content":{"rendered":"\n

Coastal News<\/strong><\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The Senate has begun moves to ensure that all Oil and Gas Companies in Nigeria as a matter of urgency, relocate to the operational bases especially in the Niger Delta geo-political zone of the country.<\/p>\n\n\n\n

To fast track the movement of the companies, the Senate on Tuesday, mandated its Committees on Petroleum Resources Upstream; Downstream Petroleum Sector and Gas to liaise with the Ministry of Petroleum Resources and the Presidential Implementation Committee on the Petroleum Industry Act (PIA) to facilitate the relocation of the oil and gas companies in Nigeria to their various operational bases to ensure their smooth operations.<\/p>\n\n\n\n

The Committees on Upstream; Downstream and Gas are chaired by Senators Muhammed Sabo, All Progressives Congress, APC, Jigawa South West; Albert Bassey Akpan, Peoples Democratic Party, PDP, Akwa Ibom North East and James Manager, PDP, Delta South respectively.<\/p>\n\n\n\n

Resolutions of the Senate were sequel to a motion titled, \u2018rgent need to encourage all multinational and Nigerian Oil and Gas Companies to relocate to their Operational Bases.\u2019<\/p>\n\n\n\n

The motion was sponsored by Senator Albert Bassey Akpan, PDP, Akwa Ibom North East and co- sponsored by 23 others.<\/p>\n\n\n\n

Presenting the motion, Senator Akpan said that \u201cThe Senate notes with concern that multinational and Nigerian oil and gas companies have over the years been operating from their respective operational bases until militancy and insecurity in the host communities in the Niger Delta became the order of the day;<\/p>\n\n\n\n

\u201cAlso notes that the reason proffered by the oil and gas companies for not relocating to their host communities has always been due to insecurity and hostilities in the host communities.<\/p>\n\n\n\n

According to him, the Senate is \u201cAware that operating outside the host communities and the operational base is the reason for the high cost of production which has been the bane of the country\u2019s oil and gas industry, militating against maximum revenue from crude oil and gas sales to the Federation Account;<\/p>\n\n\n\n

\u201cRecalls that this high cost of production has been one of the most contentious elements of our petroleum industry value chain:<\/p>\n\n\n\n

Senator Akpan said that the Senate is \u201cConvinced that the recent passage and signing into law of the Petroleum Industry Act, 2021 (PIA) by the National Assembly and the President of the Federal Republic of Nigeria respectively, is a major milestone towards the restoration of lasting peace in the host communities;<\/p>\n\n\n\n

\u201cFurther convinced that the Petroleum Industry Act, 2021 now places certain responsibilities on the security, peace and safety of oil and gas infrastructure on the host communities to safeguard and ensure peaceful co-existence between oil and gas companies and their host communities;<\/p>\n\n\n\n

According to him, the Upper Chamber is \u201cFurther convinced that is an opportunity to restore, recover and rehabilitate the massive and huge infrastructural facilities abandoned by the various oil and gas companies in their various operational bases to ensure their full utilization; and<\/p>\n\n\n\n

\u201cAssured that the relocation of these companies to their host communities will further boost development in those areas and enhance the corporate social relationship and strengthen our collective resolve to considerably reduce the contentious cost of production and ensure adequate returns to the federation account.\u201d<\/p>\n\n\n\n

Source: Gbaramatuvoicenews<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Coastal News The Senate has begun moves to ensure that all Oil and Gas Companies…<\/p>\n","protected":false},"author":1,"featured_media":569,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[15],"tags":[218,286],"class_list":["post-570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics","tag-iocs","tag-niger-delta"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/09\/screenshot_20210928-224159_gallery.jpg?fit=1080%2C421&ssl=1","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"jetpack-related-posts":[{"id":1193,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/12\/13\/just-in-chief-mulade-tackles-iocs-fg-demands-remediation-of-degraded-polluted-niger-delta-environment\/","url_meta":{"origin":570,"position":0},"title":"JUST IN: Chief Mulade Tackles IOCs, FG, Demands Remediation Of Degraded, Polluted Niger Delta Environment","author":"Coastal Times","date":"December 13, 2021","format":false,"excerpt":"Coastal News A prominet Niger Delta environmentalist, Chief Sheriff Mulade has faulted the pollution and degradation of the Niger Delta environment through gas flaring and other oil activities in the region, and stressed the need for the remediation of the environment. Comrade Mulade who is the Chief Executive Officer of\u2026","rel":"","context":"In "Crime"","block_context":{"text":"Crime","link":"https:\/\/coastaltimes.com.ng\/crime\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/12\/screenshot_20211208-132734_samsunginternet-3.jpg?fit=1080%2C609&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/12\/screenshot_20211208-132734_samsunginternet-3.jpg?fit=1080%2C609&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/12\/screenshot_20211208-132734_samsunginternet-3.jpg?fit=1080%2C609&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/12\/screenshot_20211208-132734_samsunginternet-3.jpg?fit=1080%2C609&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2021\/12\/screenshot_20211208-132734_samsunginternet-3.jpg?fit=1080%2C609&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":2182,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2024\/04\/07\/northern-youths-group-hails-tantita-security-boss-tompolos-peace-advocacy-in-niger-delta\/","url_meta":{"origin":570,"position":1},"title":"Northern Youths Group Hails Tantita Security Boss Tompolo\u2019s Peace Advocacy In Niger Delta","author":"Freeborn Abraye","date":"April 7, 2024","format":false,"excerpt":"By Freeborn Abraye A group, Northern Youths Progressive Network (NYPN) has called on warring communities in the Niger Delta to sheath their swords and cooperate with the Tompolo\u2019s indigenous private security outfit, Tantita Security Services\u2019 peace and security initiatives in order to promote peaceful coexistence in the Niger Delta region.\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/coastaltimes.com.ng\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2022\/04\/images282129-1.jpeg?fit=640%2C433&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2022\/04\/images282129-1.jpeg?fit=640%2C433&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2022\/04\/images282129-1.jpeg?fit=640%2C433&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":5315,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2026\/01\/23\/enough-of-awarding-contracts-to-companies-without-capacity-olu-of-itsekiris-surveillance-company-must-answer-to-nigeria-for-receiving-billions-of-naira-with-no-result-to-show\/","url_meta":{"origin":570,"position":2},"title":"\u201cEnough Of Awarding Contracts To Companies Without Capacity, Olu Of Itsekiri\u2019s Surveillance Company Must Answer To Nigerians For Receiving Billions Of Naira With No Result To Show\u201d____Says Niger Delta Advocacy Group","author":"Freeborn Abraye","date":"January 23, 2026","format":false,"excerpt":"By Freeborn Abraye From: Niger Delta Justice for PeaceDate: 23\/1\/2026 ENOUGH OF CONTRACTS WITHOUT RESULTS, OLU\u2019S COMPANIES MUST ANSWER TO NIGERIA For too long, Nigerians, especially the oil-bearing communities of the Niger Delta have been forced to watch billions of naira exchanged under the name of \u201cpipeline security\u201d while crude\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/coastaltimes.com.ng\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/07\/img_1130-2-1.jpg?fit=1074%2C844&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/07\/img_1130-2-1.jpg?fit=1074%2C844&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/07\/img_1130-2-1.jpg?fit=1074%2C844&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/07\/img_1130-2-1.jpg?fit=1074%2C844&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/07\/img_1130-2-1.jpg?fit=1074%2C844&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5210,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2025\/12\/14\/delta-elders-group-makes-rebuttal-to-the-linking-of-tantita-security-services-to-venezuelan-vessel-apprehended-by-u-s-forces-by-itsekiris-describes-itsekiris-as-promoters-of-falsehood-propaganda\/","url_meta":{"origin":570,"position":3},"title":"Delta Elders Group Makes Rebuttal To News Spread By Itsekiris Linking Tantita Security Services To Venezuelan Vessel Apprehended By U S Forces, Describes News As False, Untrue And Born Out Of Envy","author":"Freeborn Abraye","date":"December 14, 2025","format":false,"excerpt":"By Freeborn Abraye REFUTAL WITH FACTS & UNRESERVED COMMENDATION FOR TANTITA SECURITY SERVICES LIMITED We write with righteous clarity of facts and the authority of elders who have seen the Niger Delta bleed, burn and finally begin to breathe again. This letter is necessitated by the reckless circulation of falsehoods,\u2026","rel":"","context":"In "News"","block_context":{"text":"News","link":"https:\/\/coastaltimes.com.ng\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/12\/img_5839-1.jpg?fit=1074%2C502&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/12\/img_5839-1.jpg?fit=1074%2C502&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/12\/img_5839-1.jpg?fit=1074%2C502&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/12\/img_5839-1.jpg?fit=1074%2C502&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/coastaltimes.com.ng\/wp-content\/uploads\/2025\/12\/img_5839-1.jpg?fit=1074%2C502&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":3001,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2024\/07\/31\/refrain-from-participating-in-proposed-protest-western-zone-iyc-charge-ijaw-youths\/","url_meta":{"origin":570,"position":4},"title":"\u201cRefrain From Participating In Proposed Protest \u201c Western Zone IYC Charge Ijaw Youths","author":"Freeborn Abraye","date":"July 31, 2024","format":false,"excerpt":"Be Freeborn Abraye The Ijaw Youth Council, or IYC, which represents the Western Zone, which includes the states of Delta, Edo, and Ondo, has announced that it will not take part in the \u201cEndBadGovernanceInNigeria\" nationwide protest, which is set to take place from August 1 to 10, 2024, across the\u2026","rel":"","context":"In 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3x"},"classes":[]},{"id":761,"url":"https:\/\/coastaltimes.com.ng\/index.php\/2021\/10\/15\/the-powerful-speech-delivered-by-pere-of-gbaramatu-during-visit-of-nnpc-boss-mele-kyari-to-oporoza\/","url_meta":{"origin":570,"position":5},"title":"The Powerful Speech Delivered By Pere Of Gbaramatu During Visit Of NNPC Boss, Mele Kyari To Oporoza","author":"Coastal Times","date":"October 15, 2021","format":false,"excerpt":"Coastal News BEING A SPEECH PRESENTED BY HIS ROYAL MAJESTY OBORO GBARAUN II, AKETEKPE AGADAGBA, THE PERE OF GBARAMATU KINGDOM TO THE CEO\/GROUP MANAGING DIRECTOR (GMD) OF THE NIGERIAN NATIONAL PETROLEUM CORPORATION (NNPC) LIMITED, ON THE OCCASION OF HIS WORKING VISIT TO GBARAMATU KINGDOM, DELTA STATE, AT OPOROZA COMMUNITY, THE\u2026","rel":"","context":"In 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