64 years after the discovery of crude oil in commercial quantities at Oloibiri, Bayelsa State, the Federal Government (FG) said it is partnering the Bayelsa State Government and Shell Petroleum and Development Company (SPDC) on the establishment of an Oil and Gas Museum and Research Center in the town. This project was launched, on Tuesday, with the inauguration of key project committees and setting of delivery timelines by the Minister of State for Petroleum Resources, Timipre Sylva. “The Project teams included Construction, Funds mobilization and management, ​Community Relations, Health, Safety & Environment and Secretariat, which shall be set up and operated in NCDMB Head Office in Yenagoa, Bayelsa State,” he added. Other benefits include human capital development and facilitation of prototype development and testing, facilitating commercialization of research and acceleration of homegrown technology development. The project is being promoted by four key institutions, namely the Nigerian Content Development and Monitoring Board (NCDMB), the Petroleum Technology Development Fund (PTDF), Shell Petroleum and Development Company (SPDC) and the Bayelsa State Government.

Source: Nigerian Tribune August 04, 2020 22:18 UTC