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
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
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
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
By Deborah Coker Prof. Benjamin Okaba, Global President, Ijaw National Congress (INC), says the main challenge facing the nation’s oil industry is poor execution rather than dearth of policies. Okaba said this in a paper he presented at the GbaramatuVoice 10th Anniversary Lecture and Night of Honour, held in Abuja.Continue Reading
By Jessica Dogo The Chief of Defence Staff (CDS), Gen. Christopher Musa, has pledged the Nigerian military’s support to the South-South Development Commission (SSDC) in securing oil and gas facilities in the region. Musa made the pledge when a delegation of the SSDC paid a courtesy visit to him atContinue Reading
Investment By Joan Nwagwu The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has cautioned that ongoing policy instability is discouraging investment in Nigeria’s oil and gas sector. Mr Festus Osifo, President of PENGASSAN, raised the concern on Wednesday at the opening of the 4th Petroleum and EnergyContinue Reading
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
By Isaiah Eka An NGO, Connected Development (CODE), has trained members of Host Community Development Trust (HCDT) in Akwa Ibom on effective projects and funds management techniques. The one-day workshop, which aimed to equip members of HCDT in Akwa Ibom with project management and development skills, was organised in collaborationContinue Reading
By Nana Hauwa Musa The National President, Natural Oil and Gas Suppliers Association of Nigeria (NOGASA), Mr Bennett Okorie, has directed members to resume petroleum supply to telecom tower managers, IHS. Okorie disclosed this during a news conference in Abuja on Saturday. He said the union had earlier instructed membersContinue Reading
