NNPC Moves to Implement New Deep Offshore PSC Framework
The Nigerian National Petroleum Company Limited (NNPC Ltd) is preparing to implement a new framework for deep offshore production-sharing contracts ...
Tag: upstream oil
Nigeria Surpasses OPEC Oil Production Target with Strong May Output
Nigeria recorded a significant increase in crude oil and condensate production in May 2026, exceeding its production target set by ...
NUPRC Backs Indigenous Oil Firm as Local Participation Model
The Nigerian Upstream Petroleum Regulatory Commission has endorsed Ingentia Energies Limited as a template for indigenous upstream participation, signaling a ...
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