SunTrust Oil and its Partners (“SunTrust Oil”) continue to suffer production activities downtime during the period under review. Various intervention activities will commence once crude evacuation activities resume.
SunTrust Oil injection activities through the Umugini Pipeline Infrastructure Limited (“UPIL”) and the Nigerian Agip Oil Company Limited (“NAOC”) export lines were unavailable due to operational challenges. However, work is ongoing to restore injection operations to full capacity. Resumption of activities at the FOT Terminal through either the F-SPM1 or the alternative SPM 2, according to Shell, remains mid-October 2022.
SunTrust Oil continues to ensure a peaceful working environment through strategic engagement with the various host communities. Numerous signed-off key developmental projects, including road constructions and classroom blocks are at various stages of completion. Plans are ongoing for the commissioning of already completed community development projects.