Aiteco fixes leaking pipeline
Aiteo Management has said the Emergency Pipeline Repair teams have successfully completed leak repairs on all reported leak points on the Nembe Creek Trunk Line ( NCTL).
Mr Ndiana Mathew, the Company’s Spokesman confirmed the completion of the line in a statement in Lagos.
Mathew said that consequently, all injectors had been advised to re-align and commence start-up formalities immediately and advise on their start up times.
Aiteo Eastern Exploration and Production Company, placed a force majure on the NCTL due to fire outbreak.
Aiteo Group is an integrated, global-focused Nigerian energy conglomerate founded in February 2008 by Benedict Peters.
The company has significant business interests in oil and gas exploration and production; bulk petroleum storage; refining of petroleum products; trading, marketing and supply as well as power generation and distribution.
Its subsidiaries are Aiteo Eastern Exploration and Production Company Limited (AEEPCo) and Aiteo Power.
Aiteo Group acquired OML 29 from Royal Dutch Shell and emerged as Nigeria’s leading oil and gas company after successfully tripling.