The Department of Development and Production of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has convened a strategic engagement with key industry stakeholders in its quest to tackle financial and rig supply challenges facing Nigeria’s Upstream Oil and Gas sector.
The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.
This was disclosed by the Company’s Chief Finance and Investor Relations Officer (CFIO),...
… Partnership To Boost Nigeria, Africa’s Energy, Maritime Sectors
The Nigerian National Petroleum Company (NNPC) Shipping, Stena Bulk, and Caverton Marine Limited have announced the signing of a new joint venture that will transform Nigerian maritime transportation. The agreement, signed in London last week, aims...
...Lauds Tinubu’s Reforms for Providing Fiscal Incentives to Investors
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari has said that the world recognizes Africa as the next destination of providing greater support to the global energy market, recognizing Nigeria’s position as the largest...
The Commission Chief Executive of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has emphasized the need for a paradigm shift to position Nigeria as a leader in energy security and economic growth.
The CCE was speaking at the Renewed Hope Global Town Hall...
One of the cornerstone sessions of the 2025 Nigeria International Energy Summit (NIES), the International Panel, will spotlight the transformative role of Foreign Direct Investment (FDI) in accelerating growth across Africa’s oil, gas, and power sectors. This pivotal session, themed “Driving Cross-Continental Investments: Scaling...
Olu Arowolo Verheijen, the Special Adviser on Energy to President Bola Ahmed Tinubu of Nigeria, has highlighted numerous developmental strides achieved by the Tinubu administration in Nigeria's energy sector. She then urges oil and gas companies to take advantage of these sector reforms to...
Winners were selected among over 600 shortlisted applicants, based on their excellent academic standing and their performances at the Computer Based Testing (CBT) recently conducted.
Eni’s subsidiary, Nigerian Agip Exploration Limited (NAE), on behalf of NNPC Limited and NAE PSC, has awarded scholarships to 30...
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Engr Gbenga Komolafe has emphasized the significance of collaboration towards overcoming challenges and enhancing industry performance, particularly as Nigeria’s economy remains heavily reliant on oil revenues.
The CCE spoke at the Petroleum Industry Stakeholders...
The Nigerian National Petroleum Company Limited (NNPC Ltd) reports that the fire incident at its Buguma Wellhead 008, operated by its subsidiary, NNPC Eighteen Operating Ltd (NEOL), was directly caused by the activities of pipeline vandals attempting to compromise the Christmas Tree and steal...
Tantita Security Security Services Nigeria Limited (TSSNL), Chairman Chief Government Ekpemupolo Tompolo, has through a press statement by his Special Adviser on Media and Communication, Dr. Paul Bebenimibo, congratulated Kyari on his 60th birthday.
Chief Government Ekpemupolo Tompolo hailed the Group Chief Executive Officer of...
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has set a production target of at least 2.1 million barrels of oil per day (MBOPD) by 2025.The Commission Chief Executive, Engr. Gbenga Komolafe, announced this during his appearance before the Senate Committee on Appropriation.
The Nigerian National Petroleum Corporation Limited NNPCL has floated an innovative state-of-the-art crude oil Centralized Monitoring and Real-Time Tracking Centre which is christened the NNPC Ltd Production Monitoring Command Centre (PMCC).
According to NNPC Ltd, the PMCC is built under corporation’s five - key...
Shellhas disclosed that the company received the divestment approval from Nigeria's Minister of Petroleum (Oil) Sen. Heineken Lokpobiri for the sale of $2.4 billion in onshore and shallow-water assets to Renaissance Africa Energy, a consortium of five companies comprising four exploration and production companies...
…………Vessel heads for Nigeria as firm launches $315m offshore asset.
In a major gain for President Bola Ahmed Tinubu’s oil sector reforms, Nigeria’s Oriental Energy Resources Limited has unveiled a $315 million Floating Production, Storage and Offloading (FPSO) vessel to boost Nigeria’s oil production capacity.
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