Please be informed of the following updates on the Offshore Safety Permit Program: Reduction to the One-off initial registration payment on the OSP program from US$680 /person to US$580 /person Replacement of Lost Card fee. The fee is US$67 /person. Introduction of One Time Offshore Visitors category. The fee is US$200/ person, Valid for One Time Return visit to Offshore L...

The Director of Petroleum Resources, Mr. Mordecai Danteni Baba Ladan, received an award of honor for his contributions to the global hydrocarbon industry by the organizers of the Nigeria International Petroleum Summit (NIPS), during an award dinner at the Transcorp Hilton hotel Abuja. The theme of the conference was “Shaping the future through efficiency and innovation”. The four days...

President Muhammadu Buhari, being Nigeria’s substantive minister of petroleum resources, has approved the renewal of 22 expired and expiring oil blocks, from which the Department of Petroleum Resources (DPR) realised about $1 billion for the government, THISDAY has learnt. This is coming on the heels of the disclosure by the federal government that it was on the final stages of deployin...

The Department of Petroleum Resources, DPR  and the Ministry of Petroleum Resources have defended early $1 billion dollars (N360 Billion) renewal bonuses policy aimed at improving revenue generation for the country. Government also said the renewal would also create security for the title to leaseholders to allow them to continue the massive investments needed to improve production from...

The Department of Petroleum Resources on Thursday declared that it had given a grace period of three months for all illegal filling stations and gas plants to regularise their facilities or face the full wrath of the law. It disclosed this in Abuja as the Nigerian National Petroleum Corporation and the DPR charged operators in the oil sector to abide by stipulated regulations as a sim...

Stakeholders in the oil and gas industry have described illegal artisanal refining in the country as a major source of pollution. The stakeholders, who spoke at the 18th Biennial International HSE Conference on the Oil and Gas Industry in Nigeria, recommended that the practice of burning crude oil recovered from illegal activities should be stopped forthwith. A communiqué, which wa...

Nigeria’s  Department of Petroleum Resources (DPR) has assured  the country that it’s equal to the task in discharging its responsibility as the regulator of the oil and gas industry in spite of the calls in some quarters that the agency should streamline its operations. A statement by Mr Paul Osu, the Head, Public Affairs of DPR reiterated that the agency remained a modern ...