The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to close out the 2020 marginal field bid round programme in line with the Petroleum Industry Act 2021 (PIA). This follows the successful completion of the marginal oilfield bid earlier in the year and the issuance of award letters to successful investors. This was made known in a statement issued by t...

Mr Gbenga Komolafe, Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission (NUPRC), says the implementation of the Petroleum Industry Act ( PIA) will enable far-reaching reforms and a sustainable overhaul of the industry. Komolafe made the assertion on Tuesday at the virtual Nigerian Gas Association (NGA) 2021 Business Forum and Annual General Meeting. The News ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has called for synergy and collaboration among stakeholders in the nation’s oil and gas sector. This, it stressed was critical to achieving the objectives of the Petroleum Industry Act (PIA). The Chief Executive Officer of NUPRC, Mr. Gbenga Komolafe, made the call yesterday in a statement issued in Abuja and signed by th...

Notice to all Potential Awardees in the Marginal Field Bid Round, 2020  Notice is hereby given to all recipients of Potential Awardee Letter in the Marginal Field Bid Round, 2020 that the Forty-five (45) days allowed for payment of the requisite Signature Bonus has since lapsed in line with the extant rules and guidelines governing the 2020 Marginal Field Bid Round.   Signe...

Today, the Armed Forces Remembrance Day Celebration Emblem 2022 was launched at the NUPRC headquarters office in Abuja with the decoration of the Commission Chief Executive, Engr. Gbenga Komolafe with the commemorative emblem by Secretary General, Nigerian Legion, Group Captain Kayode Richard Abe Rtd.
We Salute our fallen heroes and God bless Nigeria !

Criminals using anonymous companies are the major obstacle in the fight against money laundering and corruption in Nigeria, the Federal Government said on Tuesday. The Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at the Nigerian inauguration of Opening Extractives in Abuja, which focused on revealing the beneficial owners of companies in the extractive in...

The Nigeria Upstream Petroleum Regulatory Commission (NUPRC) has announced that it will work with Nigeria Extractive Industries Transparency (NEITI) to deepen Nigeria’s implementation of contract transparency and beneficial ownership disclosures in Nigeria. Chief Executive Officer of NUPRC, Gbenga Komolafe disclosed this on Tuesday in Abuja at the National launch of the Opening Extrac...