The Nigeria Upstream Petroleum Regulatory Commission (“the Commission”) is pleased to notify all Interested Parties, Registered parties, the investor community, and the general public of the conclusion of the Request for Qualification (RFQ) phase of the Nigerian Gas Flare Commercialisation Programme (“NGFCP”) 2022 in line with the accelerated delivery schedule. You may recall that in ...

NOTIFICATION NO. 1 TO ALL LICENCE AND LEASE HOLDERS IN NIGERIA ON THE REQUIREMENT FOR SUBMISSION OF BENEFICIAL OWNERSHIP INFORMATION The Commission hereby requires all entities that apply for or hold a participating interest in an exploration or production oil and gas license, lease or contract (“relevant persons”) to provide information of their owners, including the identity(ies) ...

NOTICE OF STAKEHOLDER CONSULTATION ON PHRASE THREE (3) OF REGULATIONS DEVELOPMENT INLINE WITH SECTION 216 OF THE PETROLEUM INDUSTRY ACT (PIA) 2021   Follow the links below for the resources on the notice: https://www.nuprc.gov.ng/regulations-development-pia-2021/ https://www.nuprc.gov.ng/wp-content/uploads/2022/02/NUPRC-Regulations-Comments-Sheet.xlsx   [embed...

The recently concluded Marginal Field Bid Round information is as follows: The Marginal Field Bid Round (MFBR) exercise had a total of six hundred and sixty-five (665) companies that paid the Registration Fee. A total of five hundred and thirty-five (535) companies were prequalified. Out of four hundred and sixty (460) companies that paid Application and Bid Processing Fees, f...

NOTICE TO THE OIL AND GAS INDUSTRY   INVITATION TO ATTEND PHASE TWO (2) CONSULTATION FORUM WITH STAKEHOLDERS ON DRAFT REGULATIONS PURSUANT TO THE PETROLEUM INDUSTRY ACT (PIA) 2021 In line with Section 216 (1) of the PIA 2021, which requires the Commission to consult with stakeholders prior to finalising regulations or amendments to regulations, all stakeholders are hereby invited...

THE NIGERIAN UPSTREAM PETROLEUM REGULATORY COMMISSION NOTICE OF CONSULTATION WITH STAKEHOLDERS ON PHASE TWO {2} OF REGULATIONS DEVELOPMENT IN COMPLIANCE WITH SECTION 216 OF THE PETROLEUM INDUSTRY ACT 2021 (PIA) In compliance with section 216 {1} of the Petroleum Industry Act 2021 on consultation with Stakeholders prior to finalising any Regulations, the Nigerian upstream Petrol...

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has said that the goal of the global change to move completely away from fossil fuels has its implications. The Chief Executive, NUPRC, Gbenga Komolafe, said this on Thursday in Abuja at the ongoing fifth Nigeria International Energy Summit (NIES 2022) with the theme “Revitalising the Industry: Future Fuels and Energy Transi...

The Nigerian Upstream Petroleum Resources Commission (NUPRC) is considering collaboration with key government agencies to fight crude oil theft in Nigeria. On the average, Nigeria Extractive Industries Transparency Initiative (NEITI) indicated that in 2019 alone, Nigeria lost 42.25 million barrels of crude oil to theft. The product is valued at $2.77 billion. While the country is a...