The Senate the previous day faulted the revocation of Atala Marginal Oil Field (OML 46) in February 2020, by means of the defunct Department of Petroleum Resources (DPR), now Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

It in consequence ordered the fee to reallocate the oil box to its unique house owners as previous directed by means of the Presidency.

The Senate’s resolutions had been sequel to suggestions made to that impact by means of its committee on Ethics, Privileges and Public Petitions.

The Senator Ayo Akinyelure-led committee had at the mandate given by means of the Senate investigated petitions forwarded to it by means of Daniel Chukwudozie on behalf of Hardy Oil Nigeria Limited , Bayelsa Oil Company Limited ( BOCL) and Century Exploration and Production Limited ( CEPL) towards NUPRC for alleged unlawful and fraudulent revocation of Atala Marginal Field ( OML 46) and its re award to Halkin Exploration and Production Limited.

They famous that the award of the oil box to Halkins as said within the petition used to be in breach of due procedure and presidential directive.

The committee after a number of months of interface with all of the events at the oil box, really helpful to the Senate that it must be reallocated to the unique house owners who had been Hardy Oil Nigeria Limited, Bayelsa Oil Company Limited and Century Exploration and Production Limited.

The followed advice of the committee by means of the Senate learn: “That for the reason that revocation of the Atala Marginal Field (OML 46) used to be in response to deceptive data equipped by means of Halkin Exploration and Production Limited.