Energy/ Oil and Gas

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* Project To Kick-off In Quarter 1 2023, Finish In 30 Months.

By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

Sixty-six years after the discovery of crude oil in commercial quantities at Oloibiri, Bayelsa State by Shell D’Arcy, the Federal Government through the Federal Executive Council (FEC), on Wednesday, awarded the Phase-1 Engineering, Procurement & Construction contract for Oloibiri Museum & Research Centre (OMRC) in Ogbia Local Government Area of Bayelsa State in favour of Julius Berger Nigeria Plc with a completion period of 30 months.

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By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

In furtherance of the Nigerian Gas Flare Commercialisation Programme (NGFCP) of the Federal Government, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is planning a Bidders’ Conference/Investors Forum where stakeholders and investors in the country’s upstream petroleum sector will be offered the opportunity to seek clarifications on the programme.

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• * Says Bidding Will Be In Line With Global Best Practices

By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

(FOR THE RECORD)

SPEECH BY THE COMMISSION CHIEF EXECUTIVE (NUPRC) ENGR. GBENGA KOMOLAFE, FNSE, AT THE PRE-BID CONFERENCE FOR THE 2022/2023 LICENSING ROUND OF PETROLEUM PROSPECTING LICENCES IN DEEP OFFSHORE NIGERIA ORGANISED BY THE COMMISSION (EKO HOTELS & SUITES, LAGOS)

16th January 2023

Theme: Growing Upstream Investment in Nigeria through Licensing Round: The Bid Process and Opportunities

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By Celestine Okafor (Editor-in-Chief) @CelestineOkaf11

As part of measures to bring interested companies up to speed with the requirements of the 2022 Nigeria Mini Bid round process, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is hosting a stakeholder conference in Lagos on Monday, January 16, 2023.

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By Ankeli Emmanuel (In Sokoto State)

The Rural Electrification Agency (REA) remained committed to providing reliable and sustainable power to all unserved and underserved rural homes across Nigeria, Honourable Danlami Muhammad Kurfi has assured.

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By Princess Simon (Bureau Chief North Central, in Minna)

Nigeria requires nothing less than a total of $410 billion, out of which $10 billion is needed per annum to achieve the country’s transition plan by 2060 towards addressing energy constraints and policy flexibility in her oil sector of the economy.

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