Mobil spends N50m to train 355 health workers

Mobil Producing Nigeria Unlimited (MPN), an operator of the NNPC/MPN Joint Venture, says it spent N50 million to train 355 doctors and nurses on emergency medical services in Akwa Ibom .

The General Manager, Joint Venture Operations, Mr John Arkley, disclosed this on Saturday at the closing ceremony of the Emergency Medical Services (EMS) training programme in Eket.

He said that the training was part of the joint venture’s community development initiatives aimed at assisting government to provide quality healthcare.

Russian oil firms lock horns over lucrative OML29

OML 29, which holds the site of Nigeria’s first discovery, Oloibiri field in addition to Nembe Creek field, Santa Barbara and Odeama Creek fields, all producing is now at the center of tussle between two Russian firms; Lukoil and L1 Energy.

Lukoil is Russia’s second largest oil company. The company was formed in 1991 when three state-run, western Siberian companies merged. That meant vertically integrating the three branches of the industry – exploration, refining, and distribution – that were strictly separate under the old Soviet system

Headquartered in Moscow, Lukoil is the second largest public company (next to ExxonMobil) in terms of proven oil and gas reserves. The company has operations in more than 40 countries around the world. During the Obasanjo administration, Lukoil indicated interest in leading a consortium of international and indigenous investors to acquire and turn around the 210,000 bpd capacity Port Harcourt refinery that was then slated for privatisation but the deal fell flat due to public outcry. Recently, Lukoil outbid Rosneft and Gazpromneft-Noyabrskneftegaz at auction for Siberian oilfields with a $1.66 billion.