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FG declares 2025 licensing round to attract investments, boost national revenue
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the commencement of the 2025 Licensing Round, effective December 1, 2025, setting the stage for the award of new oil blocks expected to unlock fresh investments, enhance national revenue,…
Oriental Energy readies Emem FPSO for Okwok operations
Sopuruchi Onwuka Indigenous independent producer, Oriental Energy Resources Limited (OERL)is working on the final stages of converting a very large crude carrier (VLCC) into a floating production facility for deployment in operated Okwok oilfield offshore Niger Delta. The vessel conversion…
Decommissioning commission is unnecessary, govt tells NASS
Sopuruchi Onwuka Government’s policy makers, players and regulators in the petroleum industry has demanded the National Assembly to discontinue with the process of creating National Commission for the Decommissioning of Oil and Gas Installations (NC-DOGI). The Ministry of Petroleum Resources,…
Komolafe tasks Bank of America on oil production financing
Sopuruchi Onwuka The Nigerian Upstrean Petroleum Regulatory Commission (NUPRC) has charged the Bank of America to assist the global push for energy security by prioritizing financing support for Nigeria’s upstream sector. Commission Chief Executive, Engr Gbenga Komolafe, who hosted visiting…
NUPRC declares breach on Komolafe’s identity
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned members of the public against falling victim to fraudulent social media accounts purportedly bearing the name and photo of the Commission Chief Executive, Engineer Gbenga Komolafe. Corporate spokesman, Mr…
Komolafe bags SERVICOM award for outstanding leadership
The Commission Chief Executive (CCE) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has received the SERVICOM Outstanding Leadership Award. The award was presented to the Commission’s boss during the 2025 NUPRC Customer Service Week celebration held…
NUPRC declares N373 bn for HCDTs, 536 Host Community projects
Sopuruchi Onwuka Government’s intervention in development of petroleum industry host communities have continued to generate greater dividends for the people as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) declares that the Host Community Development Trusts (HCDT) managing industry intervention in…
NUPRC woos investors ahead of licensing round
Players stake $18.2 bn to produce 600kbd Sopuruchi Onwuka Nigerian is pushing determined programmes to aggressively rebuild oil and gas production capacity from an industry that suffered acute investment drought and consequent plunge in production volumes in the past decade….
Nigeria pumps 47.43 mbd of oil in September
Output impacted by PENGASSAN-Dangote spar Sopuruchi Onwuka Production of petroleum liquids from Nigeria’s oilfields totalled significant 47.43 million barrels in the month of September, indicating a slight drop from the August volumes. Official production data released by the Nigerian Upstream…
NUPRC restates commitment to stable operating environment
As Eni posts 20% output growth at Abo Sopuruchi Onwuka Nigeria’s upstream petroleum industry regulator and administrator of oil licenses, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has restated its commitment to providing stable operating environment for commercial players in…
