NUPRC

Tinubu appoints 3 NUPRC commissioners, redeploys oneTinubu appoints 3 NUPRC commissioners, redeploys one

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)…

1 year ago
NUPRC opens bid round for seven offshore oil blocsNUPRC opens bid round for seven offshore oil blocs

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…

2 years ago
NUPRC: 17 marginal oilfields producing, 13 dormant in NigeriaNUPRC: 17 marginal oilfields producing, 13 dormant in Nigeria

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…

3 years ago
Oil deal: NNPC, IOCs target $500bn revenue in 20 yearsOil deal: NNPC, IOCs target $500bn revenue in 20 years

Oil deal: NNPC, IOCs target $500bn revenue in 20 years

The Nigerian National Petroleum Company (NNPC) Ltd has sealed five strategic agreements to renew oil production sharing agreements with Oil…

3 years ago
Seplat: We’re not informed of ExxonMobil deal reversalSeplat: We’re not informed of ExxonMobil deal reversal

Seplat: We’re not informed of ExxonMobil deal reversal

Seplat Energy has said it was informed of the reversal of its proposed acquisition of the entire share capital of…

3 years ago
Buhari makes U-turn, reverses sale of ExxonMobil sharesBuhari makes U-turn, reverses sale of ExxonMobil shares

Buhari makes U-turn, reverses sale of ExxonMobil shares

President Muhammadu Buhari has reversed his approval authorising the sale of assets of ExxonMobil to Seplat Energy Offshore Limited. The…

3 years ago
Confusion over sales of Exxon Mobil assets to SeplatConfusion over sales of Exxon Mobil assets to Seplat

Confusion over sales of Exxon Mobil assets to Seplat

Despite approval given by President Muhammadu Buhari authorising the sale of assets of Exxon Mobil to Seplat, the regulatory agency…

3 years ago
Marginal fields: 161 firms get licences as FG generates N200bn, $7mMarginal fields: 161 firms get licences as FG generates N200bn, $7m

Marginal fields: 161 firms get licences as FG generates N200bn, $7m

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded Petroleum Prospecting Licences (PPLs) to 161 successful 2020 marginal fields awardees.…

3 years ago
NUPRC probes oil theft, sets up panel of expertsNUPRC probes oil theft, sets up panel of experts

NUPRC probes oil theft, sets up panel of experts

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set up a team of experts to carry out thorough auditing of…

3 years ago
NUPRC to Marginal field awardees: Work with regulator to resolve issuesNUPRC to Marginal field awardees: Work with regulator to resolve issues

NUPRC to Marginal field awardees: Work with regulator to resolve issues

The Nigerian Upstream Regulatory Commission (NUPRC) has appealed to the winners of the 2021 marginal field bids to work in…

3 years ago