The Senate has faulted the revocation of Atala Marginal oil field (OML 46) in February 2020 by the Department of Petroleum Resources, now Nigerian Upstream Petroleum Regulatory Commission.
It consequently ordered the commission to reallocate the oil field to its original owners as earlier directed by the Presidency.
Senate’s resolutions were sequel to recommendations made to that effect by its committee on Ethics, Privileges and Public Petitions.
The Senator Ayo Akinyelure-led committee had on the mandate given by the Senate, investigated petitions forwarded to it by Daniel Chukwudozie on behalf of Hardy Oil Nigeria Limited, Bayelsa Oil Company Limited, Century Exploration and Production Limited against NUPRC for alleged illegal and fraudulent revocation of Atala Marginal Field ( OML 46) and its re-award to Halkin Exploration and Production Limited.
