Tag: NUPRC
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...
FG rakes in N174bn from marginal field bid round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has realised N174 billion from the 2020 Marginal Field Bid Round (MFBR) programme.
The commission’s Chief Executive, Mr....
NUPRC reiterates commitment to tackle oil spills
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has reiterated its commitment to tackle oil spills in the nation’s oil and gas sector in fulfillment...
