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Tag "Gbenga Komolafe"

Indigenous companies contribute 40% of Nigeria’s oil reserves, says NUPRC

    Indigenous companies contribute 40% of Nigeria’s oil reserves, says NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says local operators currently contribute 40 per cent and 32 per cent of oil and gas reserves, respectively. Oil reserves are estimates of

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Marginal fields: NUPRC awards licences to 161 companies, rakes N200bn, $7m

    Marginal fields: NUPRC awards licences to 161 companies, rakes N200bn, $7m

The Nigerian Upstream Petroleum Regulatory (NUPRC) says the 2020 marginal field bid round exercise generated about N200 billion as well as $7 million in revenue for the federal government (FG).

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NUPRC inaugurates committee to revive inactive oil well

    NUPRC inaugurates committee to revive inactive oil well

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has inaugurated a project committee on the reactivation of inactive oil wells in Nigeria to spur production. The development comes as oil production

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Report: FG declines to approve Seplat Energy, Mobil Producing Oil assets acquisition deal

    Report: FG declines to approve Seplat Energy, Mobil Producing Oil assets acquisition deal

The federal government says it declined to consent to the proposed acquisition of Mobil Oil Producing Nigeria Unlimited (MPNU) assets by Seplat Energy, due to “overriding national interest”. According to

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NUPRC: By June, we expect marginal field awardees to begin drilling for oil

  NUPRC: By June, we expect marginal field awardees to begin drilling for oil

Gbenga Komolafe, chief executive officer (CEO) of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says it is targeting June for

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NUPRC sets up panel to investigate crude loss claims by operators

  NUPRC sets up panel to investigate crude loss claims by operators

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it has set up a panel to audit activities of operators in

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NUPRC: We’ll deploy electronic system to curb oil theft

  NUPRC: We’ll deploy electronic system to curb oil theft

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is upgrading and deploying the National Production Monitoring System (NPMS) facility

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NUPRC set to conclude 2020 marginal field bid round programme

  NUPRC set to conclude 2020 marginal field bid round programme

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will soon conclude the 2020 marginal field bid round programme. The

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NUPRC: No life lost in Nembe oil spill, victims will be compensated

  NUPRC: No life lost in Nembe oil spill, victims will be compensated

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it will ensure that compensation is paid to communities affected by the

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Increase exploration, pipeline monitoring… NUPRC strategises for 40bn barrels oil reserves target

  Increase exploration, pipeline monitoring… NUPRC strategises for 40bn barrels oil reserves target

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says it is taking measures to help achieve the 40 billion barrels oil

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