close
Friday, April 16, 2021

Retrenchment: Looming strike threatens Chevron’s 140,000 bpd output

Mr Sylva had scheduled a meeting with the union’s leadership for Thursday (today) to find a lasting solution to the industrial disharmony.

• April 15, 2021
Timipre Sylva (Credit: @NNPCGroup)
Timipre Sylva (Credit: @NNPCGroup)

Minister of State for Petroleum Resources, Timipre Sylva, has taken steps to avert an impending industrial action at Agbami Offshore Oilfield operated by Chevron Nigeria Limited (CNL).

Lumumba Okugbawa, General Secretary of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), said this in a telephone conversation with the News Agency of Nigeria on Wednesday in Yenagoa.

Mr Okugbawa added that Mr Sylva had scheduled a meeting with the union’s leadership for Thursday (today) to find a lasting solution to the industrial disharmony.

PENGASSAN had threatened to down tools and shut down the deep offshore facility over Chevron’s moves to cut its workforce by 25 per cent, amongst other issues.

In a statement on October 2, 2020, Chevron had announced plans to lay off at least 600 of its workforce, a development that irked the in-house branch of PENGASSAN to protest.

Esimaje Brikinn, CNL’s General Manager Policy, Government and Public Affairs, had in a response statement noted that the 25 per cent job cut was to reposition the oil firm for greater efficiency and competitiveness.

Mr Okugbawa said, “The Minister of State for Petroleum Resources has scheduled a meeting on April 15.

“We are not on strike yet, the Minister of Petroleum, Timipri Sylva, has scheduled a meeting with us for negotiations.

“It is after our meeting with him that we shall agree on the decision for the industrial action.

“By the end of work on Thursday, the outcome of our meeting will be known.”

Agbami field, which has a capacity of up to 250,000 barrels per day (bpd), currently produces some 140,000 bpd, according to industry data.

(NAN)

More from Peoples Gazette

CBN Governor Godwin Emefiele and President Muhammadu Buhari

Economy

Nigeria in unfortunate situation under Buhari: Godwin Emefiele

Against the backdrop of the worsening unemployment, inflation rate and rising debt profile, Mr Emefiele acknowledged that Mr Buhari had a precarious situation on his hand.

Economy

SEC working with CBN to lift ban on cryptocurrencies trading

“We are in discussion with CBN for both understanding and better regulating of this market.”

COVID-19 Test

NationWide

SEC to provide N100 billion to fight COVID-19

”Despite this challenge, the NSE All-Share Index was adjudged by Bloomberg as the best performing index in 2020.”

President Buhari returing from the UK

Abuja

Buhari returns from London trip after 16 days

Although the presidency said Mr Buhari would only be away for two weeks, he overstayed by two days.

Kano State Hisbah

Kano

Ramadan: Kano Hisbah arrests 11 for eating at daytime

Three men and eight women were arrested for eating in the afternoon in the state while others were fasting.

Lai Mohammed

Economy

Twitter Office: Lai Mohammed blames Nigerians for de-marketing country

Twitter had earlier in the week announced that it would establish its African headquarters in Ghana.