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Integrated field development should include gas fractionation plants
Sopuruchi Onwuka Players seeking to optimize resource value from stranded oilfields must not only adopt integrated field development model for onsite crude oil processing, but also include gas-to-liquid plants in order to curb flares and capture marginal values from associated…
PIA: NUPRC counts over $4.9bn investments in 25 NAG FDPs
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that it is working to unlock over 55 trillion cubic feet of uncommitted gas reserves and attract billions of dollars in new investments into the country’s gas industry. The…
NUPRC’s 4-year scorecard indicates significant industry growth
Surpassed targets by over 84% Approved 79 FDPs with $39.98 bn investment profile Rig count jumps by 762.5% HCDTF mops up N358.67 bn Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has declared that the Nigerian petroleum industry in…
Komolafe reveals new strategy to curb oil theft
Sopuruchi Onwuka The Commission Chief Executive (CCE) of the Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Engr Gbenga Komolafe, has declared that the successes recorded in combating crude oil losses in the country was the result of presidential directive on agencies…
Dangote’s crisis with PENGASSAN deepens as NUPRC urges rapid resolution
Sopuruchi Onwuka The lingering confrontation between Dangote Refinery and senior oil industry union, Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) may lead to industrial action, even though the company has indicated that it is prepared to run…
Local refining capacity set to drive Nigeria’s crude oil output
Exports hit 24.42 Mbbls in August Sopuruchi Onwuka Nigeria’s crude oil and Natural gas production is expected to follow demand lead from growing number of small scalable refineries in the country, while new propositions for multiple modular refining projects forecast…
TotalEnergies’ $510m OML118 divestment scales regulators approval
Shell, Eni to pay $35.7m to FG Sopuruchi Onwuka Government has approved the deal by TotalEnergies to sell off its 12.5 interest in the deepwater Oil Mining Lease (OML) 118 to Shell Nigerian Exploration and Production Company (SNEPCO) Limited and…
NUPRC nullifies TotalEnergies/Chappal divestment deal, stakes still open to new deal
Faults report on N8.4trn oil theft Sopuruchi Onwuka Federal government has declared that the divestment of the 10 percent stake belonging to TotalEnergies in the joint venture operated by Renaissance Africa Energy Company (RAEC) Limited would no longer progress following…
Nigeria exports 24.42 Mbbls petroleum liquids in August
Unplanned maintenance eats off 80kbd from monthly average Sopuruchi Onwuka The Nigerian upstream petroleum industry pushed significant 24.42 million barrels of hydrocarbon liquids into the domestic and foreign markets in the month of August, 2025. The Crude Oil and Condensate…
Nigeria assumes chairmanship of Africa’s Regulators Forum
Sopuruchi Onwuka Nigeria on Thursday in Accra, Ghana, assumed leadership of the new African Petroleum Regulators Forum (AFRIPERF) immediately after it was established by a charter of member countries. The charter was signed at the Regulators Forum hosted in the…
