The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has initiated the 2024 Licensing Round during the Offshore Technology Conference in Houston, Texas.
Nigeria is inviting bids from international investors with financial and technical capacity for 12 onshore and deepwater oil blocks, its oil regulator said in a speech yesterday at a global oil conference in Houston, Texas.
Oando’s COO Irune has revealed the firm expects to scale production up to 100,000bpd by 2029, driven by new drilling.
With the potential approval of ExxonMobil’s $1.28 Billion asset sale to Seplat, Nigeria anticipates increased oil production.
Nigeria’s oil regulator on Monday commenced the evaluation of the divestment processes of Shell’s 75-year-old onshore assets to Renaissance company, the new investors.
African oil and gas executives and Small Medium Enterprises (SMEs) operators are set to discuss opportunities and collaborations for investment in the industry at the 2024 Offshore Technology Conference (OTC) in Houston, Texas, USA.
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Nigerian
National Petroleum Company (NNPC) Limited over the “failure to account for and explain the whereabouts
of the alleged missing USD$2.04 billion and N164 billion oil revenues.”
Nigeria’s state-owned oil company has warned against the panic buying of petrol, saying the prices of fuel are not changing.
The Petroleum Technology Association of Nigeria (PETAN) has reiterated its commitment to supporting the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in boosting oil production.
Nigeria’s crude oil reserves have increased by 1 billion barrels while natural gas reserves have jumped by 2.573 trillion cubic feet (TCF), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said.