NUPRC

FG begins 2022 mini-bid round – NUPRC

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…

FG gives operators ultimatum to name oil well owners

The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, has given a seven-day ultimatum to all lease and licence holders in the Nation’s oil and gas sector to unveil the real owners of their companies. Newsmen reports that the directive was signed…

Marginal oilfields: NUPRC awards licences to 161 coys

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded Petroleum Prospecting Licences (PPLs) to 161 successful 2020 marginal fields awardees. The Commission also officially unveiled the Host Communities Development Regulations and model Petroleum Prospecting Licences (PPLs). The Minister of State…