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Oil and Gas
Four Indigenous Firms Get Marginal Oil Field Licences
Indigenous oil firms, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration were among oil companies awarded marginal oil field licence by the Department of Petroleum Resources, DPR, on Monday.
The award came a…
E-STATION: DPR Reads Riot Act To Independent Oil Marketers
Following the expiration of deadline given to all Petroleum Marketers by the Department of Petroleum Resources (DPR) within when to register their retail outlets into its e-Station platform, Abia State Field Office of DPR has advised…
Nigeria Needs $2B Monthly For Fiscal Sustainability, As FG Build Oil Reserves
The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to remain sustainable as a nation.
The Director, DPR, Sarki Auwalu, warned that without this monthly income, the…
FG To Commence New Marginal Oil Field By 2022
The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year.
The Director/Chief Executive Officer,…
DPR Charges Stakeholders On Harnessing Oil,Gas Resources For Africa Development
The Department of Petroleum Resources (DPR) has charged stakeholders in the African oil and gas industry to rise to the challenge of harnessing the over 125 billion barrels oil reserve and 625 trillion cubit feet (tcf) of natural gas…
Field Ready, LADOL Upskilling Academy To Build Flexible Workforce
Field Ready and the Lagos Deep Offshore Logistics Base (LADOL) Upskilling Academy is set to build a flexible workforce readily fit for industry demand especially in construction sector.
To achieve this, the companies has…
A’ Ibom Govt Signs MOU With OGFZA , As Free Trade Zone Project Commences
The Akwa Ibom State Government has signed a Memorandum of Understanding (MoU) with the country’s Oil and Gas Free Zone Authority, (OGFZA), to signal the take off of the Liberty Oil and Gas Free Trade Zone in Ikot Abasi Local Government Area…
DPR Seeks Africa Support To Harness Oil, Gas Reserves For Sustainable Development
Mr Sarki Auwalu, Director, Department of Petroleum Resources (DPR) has urged Africa to rise to the challenge of harnessing its oil and gas reserves for the development of the continent.
Auwalu spoke on Wednesday at the opening…
How DPR Rescued Nigeria From Financial Crisis – Sylvia
The Minister of State for Petroleum Resources, Timipre Sylva on Tuesday revealed that the Department of Petroleum Resources (DPR) rescued Nigeria from a financial crisis by remitting funds to the Federation Account Allocation Committee…
DPR Pledges Support For 1st Floating LNG Production Plant Project
The Department of Petroleum Resources (DPR) has pledged support to the hitch-free completion of Nigeria’s first floating Liquefied Natural Gas (LNG) production plant.
Mr Sarki Auwalu, Director, DPR gave the assurance at the…