Skip to content
PENGASSAN threatens industrial action over showdown with SEEPCO Limited
Sopuruchi Onwuka The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has demanded the federal government to immediately impose stringent sanctions on Sterling Oil Exploration & Energy Production Company (SEEPCO) Limited for violating numerous labour laws, operating regulations…
NUPRC puts more lenses on oil export processes to curb leakages
Oil theft down to 5kbd, output up to 1.7 mbd Sopuruchi Onwuka Federal government says it is driving a set of measures to ensure enhanced transparency in the nation’s petroleum export processes, plug revenue leakages and curb resource theft in…
Operating capacity is now condition for divestment closure ___NUPRC
Sopuruchi Onwuka Parties in the bulk portfolio divestments in the Nigerian upstream petroleum industry must demonstrate capacity to add value to the operated assets as the key condition for the transaction to secure regulatory approval. According to the Commission Chief…
How Oando shattered the barriers to divestment deals
Sopuruchi Onwuka The late entry of Oando Energy Resources (OER) in the prevailing divestment programme and its rapid progress to secure the first approval from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) now dominate hushed discussions in the industry. Before…
Approve divestment deals and leave production recovery to us __Roger Brown
Sopuruchi Onwuka Independent petroleum companies in the country seeking to replace international oil companies onshore Niger Delta have the capacity to drive the country’s rapid production recovery if pending divestment deals are approved by government. Seplat Energy PLC declared at…
Mistakes in divestment process come with consequences __NUPRC
Sopuruchi Onwuka The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for patience of players in the industry over the pending divestment of commercial interest from international oil companies to mainly indigenous independent petroleum companies; warning that any mishap in…
NUPRC owes the petroleum industry a recovery plan __Avuru
The chairman of AA Holdings, Mr Austin Avuru, is arguably the boldest industry analyst in Africa, who confronts burning issues with fiery verve and also proffers viable, practicable and often tested solutions to toughest industry challenges. He was part of…
NUPRC not leaving Abuja as speculated
By Ibrahim Musa With clear mandates – ensuring compliance with petroleum laws, regulations and guidelines, monitoring of operations at drilling sites, producing wells, production platforms and flowstations, crude oil export terminals, and all pipelines carrying crude oil, and natural gas,…
NCDMB proffers deepened collaboration with NUPRC, NIACOM
Sopuruchi Onwuka The Nigerian Content Development and Monitoring Board (NCDMB is seeking robust collaboration among government agencies in realizing the prime economic aspirations in the Nigerian petroleum industry, insurance and other linkage sectors. Executive Secretary, Engr. Felix Omatsola Ogbe, who…
NUPRC introduces advanced cargo declaration to tackle oil theft
As part of efforts to curb incessant oil theft in the country, the Nigerian Upstream Regulatory Commission (NUPRC) has introduced Advanced Cargo Declaration regime in upstream petroleum operations to arrest oil robbery and curtail export of stolen crude oil. The…
