Skip to content
The IPPG blueprint behind petroleum reforms, NNPC’s shift from JV positions
Seplat, Oando may welcome new partners Sopuruchi Onwuka The ongoing plans by the Nigeria’s national oil company, NNPC Limited, to divest significant equity in several oil blocks in early 2026 as part of an overall strategy proposition developed by leading…
Voices rise against NNPC’s plan to divest JV stakes
Sopuruchi Onwuka Muted plans by the Nigerian National Petroleum Company (NNPC) Limited to further divest government’s stakes in non operated joint oil exploration and production joint ventures is attracting counter narratives by labour unions and other stakeholders in the country’s…
Divestment: NUPRC tidies up $400m abandonment obligations
Clears 94 decommissioning plans Sopuruchi Onwuka Regulator of the Nigerian upstream petroleum industry has declared that it has worked the details of oilfield decommissioning and abandonment obligations among old players that divested their stakes and new players that acquired the…
Divestment presents opportunity for indigenous capacity growth -– Seplat
In this era of divestments by the International Oil companies (IOCs) from Nigeria, indigenous energy companies with the right competences and wherewithal are natural partners to government in the quest to harness oil and gas assets, the Chief Executive Officer,…
