Gbenga Komolafe

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the winners of the 2022/2023 oil mini-bid round, with Sifax and Royalgate Consortium as well as Oceangate Engineering Oil and Gas Limited emerging as the successful bidders. Sifax and Royalgate Consortium secured the bid for PPL 300-DO, while Oceangate Engineering Oil and Gas Limited claimed PPL … Read more

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has officially commenced the commercial bid round for 24 oil blocks across the country. This licensing exercise, which was initially launched in May, marks a significant milestone as it is the first bid round to be conducted under the Petroleum Industry Act (PIA) 2021. Speaking at the event … Read more