Energy transition discussions should revolve around the implementation of a fair, equitable and sustainable energy mix that entrenches the principles of inclusiveness and guarantees energy security, the Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga…
By Ibiyemi Mathew The Federal Government of Nigeria has extended the deadline for the deep offshore oil block mini-bid round. This is in a bid to boost confidence in the transparency and continuity of the Nigeria 2022/2023 Deep Offshore Oil…
President Muhammadu Buhari has approved the amendment of the 2022/2023 Deep Offshore oil block mini-bid process to accommodate concerns raised by potential local and international investors. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) stated in Abuja on Saturday that the…
The Nigerian Upstream Petroleum Regulatory Com mission (NUPRC), says it is planning a production based lending engagement to assist the 2020 Marginal Field Bid Round licences awardees to source needed capital. The NUPRC said it would help the awardees to commence…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says five petroleum industry regulations have been gazetted while six others have been finalised and ready for gazetting. Commission Chief Executive, NUPRC, Mr Gbenga Komolafe, disclosed this on Monday in Abuja at the…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has organised a Bidders’ Conference/Investors Forum for stakeholders in the sector, to fast track implementation of the Nigerian Gas Flare Commercialisation Programme (NGFCP). This is contained in a statement signed by…
The Federal Government has assured that Nigeria’s mini-bid round will boost global energy sufficiency in the long run. Mr Gbenga Komolafe, the Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, (NUPRC), said this at a pre-bid conference in Lagos on…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2022 deep offshore mini-bid round, promising that the process would be transparent and competitive. The Seven blocks on offer, are Blocks PPL-300-DO, PPL-301-DO and PPL-302-DO are located…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has shortlisted 139 companies for the next stage of the country’s gas flaring commercialisation programme, its chief executive, Gbenga Komolafe said in a statement, part of plans to reduce carbon emissions. In September,…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has begun the 2022 mini-bid round process in accordance with the Petroleum Industry Act (PIA), 2021. The mini-bid round is an opportunity to spur new oil exploration and drilling activities in the prospective…
