- Search Results
ExxonMobil Holds Media Awareness On Oil, Gas Sector
Date Uploaded: Oct 06, 2016

Montserrado County Flag


ExxonMobil Holds Media Awareness On Oil, Gas Sector
By Wilfred Gortor & Chiedi E. Nyenmoh

MONROVIA, October 6 (LINA) – As many Liberians continue to speculate about developments in the oil and gas sector, ExxonMobil has convened a one-day awareness session with the Liberian media to help it do informed reportage on the sector and enlighten the citizenry.

The nation's hydrocarbon sector is currently plagued by misconceptions occasioned by a gap created by the lack of knowledge-sharing, adequate publicity, geopolitical interest and major distractions created by politicians.

The media awareness meeting was organized by ExxonMobil, lessee of Liberia's Oil Block -13, in partnership with the National Oil Company of Liberia (NOCAL), as part of ongoing endeavor to sensitize Liberians on the realities of the oil and gas sector.

Organizers said the meeting was intended to provide journalists a broad-based knowledge of how the sector operates with the hope that knowledge gained will be transmitted to the public through media outlets.

Lead facilitator Robert W. Taylor of the US-based International Human Resource Development Corporation and Vice President of Global Business Development, in his presentation on the exploration and production life circle of oil and gas, alluded to the meticulous process and timeframe required to achieve a vibrant hydrocarbon sector.

In the five stages of the circle, which include discovery, evaluation, development, production and abandonment, Taylor disclosed that it takes 5-10 years for a company to complete an exploration and15-30 years to go through the production stage of the oil and gas sector.

This explanation by Taylor, according to NOCAL Public Information Officer Ambulah Mamey, should be used by journalists to help dispel speculations that the nation's oil and gas sector is being abused and squandered.

Mamey thinks that with the nation is still in the exploration stage, and so the public must be informed that out of the total number of oil blocks owned by the nation only two - Blocks 13 and 14 - loaned to ExxonMobil and Chevron, are currently under contract.

According to him, the Government is only generating income from the sales of seismic data and other obligations as contained in the Production Sharing Contract (PSC) with the companies.

"Our intent is to build a society conscious about the risk and other factors associated with the oil and gas sector," Mamey noted.

latest headlines
‘Poverty Rate Still High In Africa,’ Says WB Lead Economist
World Bank Lead Economist and the author of the Africa’s Pulse Report, Punam Chuhan-Pole, has observed that with poverty rates still high in th ...more
African Media Group Condemns Killing Of Nigerian Journalist
The Media Foundation for West Africa (MFWA) says it has received with shock reports that Famous Giobaro, a desk editor with the state-owned Glory ...more
LNP Assures Female Contestants Of Full Protection
Police Inspector General Gregory Coleman has assured women vying in the October elections of full police protection during their campaign process ...more
WFP Official Urges Joint Efforts For ‘Zero Hunger’ Goal In Liberia
The World Food Program (WFP) Regional Director for West and Central Africa, Abdou Dieng, has called for collaborative efforts by Liberians to ach ...more
Apostle Suleman Coming To Liberia Again
The President and Founder of the Nigeria-based Omega Fire Ministries (OFM) international is due in the country for a two-day crusade beginning Ma ...more
Police Chief Nudges Youth To Embrace Peace
Police Inspector-General Gregory Coleman has called on Liberian youths to do away with violence and embrace positive thoughts and actions for the ...more
All rights reserved © 2013 - 2014
Liberia News Agency