signature bonuses Archives

ICYMI: FG to reduce contract costs to attract oil, gas investments, says NUPRC

Gbenga Komolafe, chief executive officer (CEO), Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the country will introduce incentives to attract oil and gas investments as the country works to shore

Sylva: Marginal oilfield bid winners can pay signature bonuses in naira

Timipre Sylva, minister of state for petroleum resources, says companies that won marginal oilfield licenses have been given the option of paying signature bonuses in either naira or dollar. Speaking

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FG: We’ve received 50% of signature bonuses for marginal oilfields

The federal government says 50 percent of the companies that won the marginal oil field bid rounds have paid their signature bonuses. Timipre Sylva, minister of state for petroleum resources,

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DPR: FG to earn $500m from signature bonuses for 57 marginal oilfields

The Department of Petroleum Resources (DPR) says the federal government is expected to generate $500 million from signature bonuses for 57 marginal oilfields in Nigeria. Sarki Auwalu, director of DPR,

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