SunTrust Oil and its Partners have continued to reap the benefit of increased storage space at the Umusadege field. With about 110,000 barrels storage space available, SunTrust Oil and its Partners were able to sustain injection rate during/after production/injection outages during this period of under review.
GAS LIFT OPERATIONS
SunTrust Oil and its partners have made a lot of progress with the planned gas lift operation. The commissioning of the project is proposed to commence week 1 February 2021.
Both the Umugini Pipeline Infrastructures Limited (“UPIL”) and the Nigerian Agip Oil Company Limited (“NAOC”) export lines suffered several downtimes during the period under review, resulting in the declaration of Force Majeure on offtake programmes from both Terminals.
We continued to ensure a peaceful working environment through strategic engagement with the various host communities and have continued to make progress with many of the various signed-off key developmental projects.
Currently, various road projects and Classroom blocks projects are at various stages of completion.
The Oil and Gas Industry Intervention Initiative on COVID-19
As a fully committed member of the Independent Petroleum Producers Group (IPPG), SunTrust Oil is supporting the Federal Government’s ongoing fight against the COVID-19 pandemic by its donation to the NNPC-led Industry Intervention Fund through the IPPG.
Specifically, SunTrust and its JV Partner donated foodstuffs and other items worth millions of naira to their host communities, particularly, Umusadege, Umusam and Ogbeani in Utagba-Ogbe, Kwale, Ndokwa West Local Government Area of Delta State of Nigeria.