Senate assures AGIP of commitment on $13.5bn oil project

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The Senate Committee on Local Content has assured Nigerian Agip Oil Company (NOAC) and other stakeholders of its support.

The committee also expressed its  commitment for the commencement of the 13.5 billion dollar  off -shore Zabazaba Crude Oil Production project.

Senate e1553644824794 Senate assures AGIP of commitment on $13.5bn oil project
Senate

The Chairman of the committee, Sen. Solomon Adeola, gave the assurance in a statement by his Media Adviser, Mr Kayode Odunaro.

Adeola  gave the assurance on Tuesday at an NOAC, Oando and Nigeria National Petroleum Cooperation(NNPC) Research and Development Forum.

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The forum has the theme, “Research and Development-Emerging Technologies in the Nigerian Oil and Gas Industry.”

Adeola premised the commitment of the senate on the fact that the project, which was awaiting final investment decision, would  be the first involving the Nigerian Content Development and Monitoring Board(NCDMB) and NAOC.

He said the project, the first of its kind since the passage of…



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