Tag: NUPRC
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...
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 Majors, with a view...
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 ExxonMobil.
The company, on Thursday,...
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 Star recalls that the Special...
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 has declared that the...
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.
The successful companies include Ardova...
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 the activities of operators...
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 cooperation with the regulator...
