Tag: NUPRC
FG approves ExxonMobil’s $1.28bn assets divestment to Seplat
The Federal Government has announced the approval of ExxonMobil’s $1.28 billion divestment of its oil and gas assets to Seplat Energy.
The Chief Executive of...
NUPRC secures N60bn, $100m for host community devt
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has successfully secured over N60 billion and $100 million for the oil and gas host community development...
Nigeria’s crude oil production hits 1.61mbpd
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that the nation’s average crude oil daily production rose to 1.61 barrels per day (mbpd)...
NUPRC: We can’t remit funds we didn’t receive from licensees
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says there was no way it could remit funds it didn’t receive from licensees to the federation...
Like CBN, FAAN, Petroleum commission to relocate key depts to Lagos
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to relocate some of its units to Lagos.
This is contained in a memo signed by...
NUPRC rolls out 2024 plans, targets increased revenue generation
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has rolled out its action plan for the year 2024.
The NUPRC Chief Executive, Engr. Gbenga Komolafe, in...
Reps probe NUPRC over dwindling revenue in signature bonuses
The House of Representatives has quizzed the management of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over dwindling revenues accruing from signature bonuses.
The Chairman...
Tinubu appoints 3 NUPRC commissioners, redeploys one
President Bola Tinubu has approved the appointment of three new Executive Commissioners at the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) pending their confirmation by...
NUPRC opens bid round for seven offshore oil blocs
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the Mini Bid Round 2022 for new crude oil exploration and drilling activities in the...
NUPRC: 17 marginal oilfields producing, 13 dormant in Nigeria
Seventeen marginal oilfields in Nigeria are currently producing out of 30 fields awarded since its inception in 1999.
Chief Executive of the Nigerian Upstream Petroleum...
