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Nigeria has expedited the approval timeline for the resumption of dormant oil wells, aiming to enhance crude production amidst rising global oil prices. The Nigerian Upstream Petroleum Regulatory Commission is facilitating quicker permit processing.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has partnered with SeaSeis and TGS to acquire seismic data through a newly signed Petroleum Exploration Licence. The agreement aims to facilitate host community development initiatives in Nigeria.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has finalized the pre-qualification of candidates for 50 oil blocks, facilitating a licensing round aimed at attracting investment to reverse declining crude oil production.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has successfully set up 155 Host Community Development Trusts across the Niger Delta, responding to demands for a share of the 13% oil derivation funds as part of its Petroleum Industry Act (PIA) implementation.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated a state-of-the-art Gravimetric Multifaceted Flow Meter Calibration Facility in Eket, Akwa Ibom State, aimed at improving crude oil measurement and transparency.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian National Petroleum Company Limited (NNPC) have committed to enhancing collaboration aimed at streamlining operational costs in the oil sector.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) met with Delta State stakeholders and petroleum communities to reinforce its commitment to the lawful implementation of the Petroleum Industry Act (PIA) 2021. The engagement focused on ensuring compliance and the effective delivery of development benefits to host communities.
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Mrs. Oritsemeyiwa Eyesan, has highlighted that erratic regulatory frameworks across Africa serve as a critical barrier to cross-border energy initiatives.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced stringent regulations for the upcoming 2025 licensing round, limiting bidders to two oil and gas blocks and implementing a 60-day signature bonus payment requirement.
The Chief Executive Officer of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Oritsemeyiwa Eyesan, has outlined a comprehensive agenda to enhance Nigeria’s upstream oil industry, focusing on production efficiency, revenue growth, and improved regulatory processes.
