Ogoni: Tinubu directs NSA to engage stakeholders on resuming oil operations

‎By Muhyideen Jimoh ‎ ‎President Bola Tinubu has directed the National Security Adviser (NSA), Nuhu Ribadu, to begin engagement with Ogoni communities, NNPCL, and stakeholders to finalise restarting oil operations. ‎ ‎The President stated this on Wednesday, at the Presidential Villa while receiving the report of the Ogoni Consultations Committee.Continue Reading

Nigeria leads African countries to sign petroleum regulatory charter

    By Emmanuella Anokam Nigeria has signed a charter to establish the African Petroleum Regulators Forum (AFRIPERF) to promote investment and harmonisation of Petroleum regulations. The landmark signing, chaired by Mr Gbenga Komolafe, Commission Chief Executive, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), held on Thursday, on the sidelines ofContinue Reading

RMAFC warns SEEPCO on compliance, mandates cooperation with host communities 

    By Vivian Emoni The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC)  cautions  Sterling Oil Exploration and Energy Production Company (SEEPCO) to abide by the commission’s mandates and ensure effective cooperation with its host communities. Mr Ekene Enefe, Chairman, RMAFC, Investment Monitoring Committee, gave the warning on Friday inContinue Reading

IATF 2025: Oilserv highlights opportunities for Pan-African EPC companies

  By Yunus Yusuf Oilserv Nigeria Ltd. has called on International Oil Companies (IOCs) operating across Africa to fully leverage the opportunities available within the continent, especially in the Engineering, Procurement, and Construction (EPC) sector. The Group Chief Executive Officer of Oilserv Group, Mr Emeka Okwuosa, made the call onContinue Reading

NUPRC seals deepwater deal with NNPC, TotalEnergies–Sapetro

By Emmanuella Anokam The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Production Sharing Contract (PSC) for Petroleum Prospecting Licences 2000 and 2001 with NNPC Limited and the TotalEnergies–Sapetro Consortium. Speaking at the signing ceremony on Monday in Abuja, NUPRC Chief Executive, Mr Gbenga Komolafe, described the agreement asContinue Reading

Tinubu commissions WAGL’s 40,000 CBM LPG vessel in South Korea

By Emmanuella Anokam President Bola Tinubu has commissioned a 40,000 cubic metre (CBM) Liquefied Petroleum Gas (LPG) vessel, christened “MT Iyaloja (Lagos),” in Ulsan, South Korea to deepen LPG availability and affordability. The President, at the commissioning of the 40,000 CBM LPG vessel on Monday, said Nigeria was poised toContinue Reading