IOC divestments: Job security, welfare of workers our priority — PENGASSAN
• Says rift with Dangote Refinery over By Victor Ahiuma-Young As international oil companies, IOCs, continue to divest from Nigeria’s oil and gas industry, concerns over job losses and the welfare of workers have remained at the heart of the transition.
He said the outcome of the union’s efforts could be measured by the fact that no PENGASSAN member had lost his or her job as a result of the recent divestments, including Seplat’s acquisition of ExxonMobil’s assets, Renaissance’s acquisition of Shell’s assets, Oando’s acquisition of the Agip joint venture interest and Equinor’s divestment.
He also speaks on the union’s once-contentious relationship with Dangote Refinery, revealing that the rift has been resolved, with about 600 affected workers returning to the refinery.
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