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JUST IN: Seplat Completes Acquisition Of $1.28bn Mobil Nigeria From ExxonMobil

Seplat Energy Plc completed the acquisition of Mobil Producing Nigeria Unlimited from ExxonMobil two months after the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) cleared...

Business

NUPRC Restates Commitment To Transparency, Accountability In Management Of Hydrocarbon Resources

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said that it is at the forefront of managing Nigeria’s hydrocarbon resources transparently and efficiently.The Commission...

Business

NUPRC Is A Transparent Regulator, No Money Missing- Komolafe

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that it is a patriotic and transparent regulator and that no money is missing as...

Business

TotalEnergies Submits Fresh Bid For Oil Blocks, Hails Komolafe’s Transparency, Innovations In Upstream Sector

The President and Chief Executive Officer of TotalEnergies worldwide, Patrick Pouyanne, has pledged to raise investment in Nigeria following the Nigerian Upstream Petroleum Regulatory...

Business

NUPRC Offers Competitive Entry Fees For Investors Eyeing Offshore Assets

The Nigerians Upstream Regulatory Commission (NPRC) has said that the entry fees and bonuses for its seven deep offshore assets and 24 acreages are...

Business

NUPRC Pursues Partnership With Infosys To Foster Digital Transformation In Nigerian upstream Petroleum

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it is exploring the use of cutting-edge technological solutions that could support it in achieving its...

Business

Host Communities: Blocking Of IOCs Divestment Will Stifle Investments Into Nigeria’s Oil & Gas Sector- NUPRC Boss

The Nigerian Upstream Petroleum Regulatory Commission Chief Executive, Gbenga Komolafe, has said that any attempt to frustrate the smooth divestment of International Oil Companies...

Business

INTERVIEW: Nigeria’s Oil Blocks Are The Most Attractive In Africa – Reps. Member Okwara-Osonwa

Honourable Ibe Okwara Osonwa is the House of Representatives Member representing Ohafia Arochukwu State Constituency who has been at the forefront of the campaign...

Business

International Oil Companies Ready To Invest $16.6bn In Nigeria’s Energy Sector- FG

Oil giant TotalEnergies has indicated an interest in Nigeria’s new oil bid round launched at the Offshore Technology Conference (OTC) in Houston, Texas USA,...

Business

UPDATED: NUPRC Opens Licensing Round For 19 Oil Blocks, Invites IOCs, Indigenous Companies With Financial Capacity

HOUSTON: Nigeria has officially opened licensing rounds for its 12 new oil blocks and 7 old blocks, in what appears as a massive move...

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