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    Tag: Gbenga Komolafe

    May 12
    NUPRC Secures $18.2 Billion in Upstream Investment Commitments, Unlocking Significant Oil and Gas Reserves

    The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced a major boost to the country’s petroleum sector, securing $18.2 billion in investment commitments through 28 newly approved Field Development Plans (FDPs) in 2025. These projects are projected to unlock 1.4 billion barrels of oil and 5.4 trillion cubic feet (TCF) of gas, significantly advancing Nigeria’s […]