Category: Oil & Gas

Company Registered Days Before Bidding Can Be Awarded Oil blocks – Komolafe 

Aliyu Aliyu

    NUPRC Boss Speaks On Report 40 Oil Block Licences Expired, Guidelines Violated   The technical and financial capacity of a bidder is assessed not merely by the date of incorporation of the bidding entity, but by the pedigree and proven track record of its promoters, affiliated companies or parent organisations, Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has declared. Platforms Africa reports that Komolafe was reacting to a report that a particular company registered days before the commencement of bidding was improperly awarded…

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NCDMB, NLNG, Ramp Up HCD Training As $5Billion Train 7 Project Hits 80% Completion

Ganiyu Amodu

The Nigerian Content Development and Monitoring Board (NCDMB) and Nigeria Liquefied Natural Gas (NLNG) Limited on Wednesday in Port Harcourt inaugurated 140 trainees for an intensive three-month Advanced Nigerian Content Human Capital Development (NC-HCD) Programme for the US$5 billion NLNG Train 7 Project on Bonny Island, Rivers State. The trainees, who are graduates in different academic disciplines, had completed a 12-month Basic Training Programme in diverse oil-and-gas-industry-related skill sets and are now for the on-the-job phase which includes active hands-on participation in operational areas such as Turn Around Maintenance (TAM),…

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JEX Market Deepens Nigeria’s Gas Utilisation, Gets NMDPRA, SEC Approvals To Establish Trading Platform

Aliyu Aliyu

        The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in conjunction with the Securities and Exchange Commission (SEC) has issued licenses to JEX Market to establish and operate a Gas Clearing House and Settlement Authorisation Platform. Platforms Africa reports that this would serve as a commodity exchange platform where natural gas and its derivatives would be traded in Nigeria. The issuance of the licences is one of the game-changing outcomes of the Petroleum Industry Act, 2021 and the product of the strategic leadership acumen of President…

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He Stood, He Served, He Inspired: Tribute To Dr. Bala Wunti, By Usman Koli

Usman Koli

  This is not goodbye. It’s an honor.   It is difficult to put into words the story of a man whose life was not just lived but felt deeply, genuinely, and profoundly. It’s over now, the last file signed, the final handshake exchanged, the door gently closed behind a man whose entire life has been anything but ordinary. As of May 30, 2025, Dr. Bala Maijama’a Wunti stepped out of public service, quietly bowing out from a remarkable journey that shook boundaries, lifted lives, and left behind a trail…

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NUPRC Receives Groundbreaking Engineering Audit Of Oil And Gas Measurement Systems

Ganiyu Amodu

Safeguarding Nigeria’s commonwealth and enforcing accountability in the oil and gas sector has been a top priority for the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). In line with this commitment, the Commission on Tuesday received the Engineering Audit of Upstream Measurement Equipment and Facilities in the Nigerian Oil and Gas Industry end–of–project report from PE Energy. Approved by the Federal Executive Council in 2024, this report is a significant step toward improving hydrocarbon measurement and accountability, essential for ensuring optimal revenue collection within Nigeria’s oil and gas sector. As mandated…

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Team Lead Platforms Africa, Adeola Yusuf, Bags PhD

Ganiyu Amodu

‘Press Coverage of Oil And Gas Issues In Nigeria (2015 – 2021),’ details of the thesis that earned the multiple award-winning journalist/Journalism researcher the highest degree in Communication Studies at the prestigious Lagos State University   The Team Lead of Platforms Africa, Adeola Yusuf, has bagged the Doctor of Philosophy (Ph.D.) degree in communication studies. A panel of assessors chaired by renowned professor of communication and Deputy Vice-Chancellor of Ajayi Crowther University, Oyo, Prof. Muyiwa Popoola, pronounced Adeola Yusuf, a doctor of Philosophy after the researcher successfully defended his thesis…

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‘OPEC Heavyweights,’ Saudi Arabia, Kuwait Announce New Oil Discovery

Ganiyu Amodu

Saudi Arabia and Kuwait have announced a new oil discovery in the so-called Partitioned Zone (PZ) between the two OPEC heavyweights which share equally output from the area. Saudi Arabia and Kuwait announced on Monday that Wafra Joint Operations had made a new oil discovery in the North Wafra Wara-Burgan field, located 5 kilometers (3.1 miles) north of the Wafra field, the official Saudi Press Agency reported. The so-called Partitioned Neutral Zone (PNZ) was established between Saudi Arabia and Kuwait in 1922 to settle a territorial dispute, while crude oil…

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End Gas Flaring, Augment Output To 12bn scf scuf By 2030 – Minister Tasks Producers

Aliyu Aliyu

    Minister of State Petroleum Resources (Gas), Rt. Hon. Ekperikpe Ekpo, has charged major gas-producing companies operating in Nigeria to take concrete steps to increase daily gas production by one billion standard cubic feet (bscf) per annum between 2025 and 2030 to meet the National gas production aspirations as well as bring an end to routine gas flaring. Platforms Africa reports a statement by Ekpo’s spokesperson, Louis Ibah, quoted the minister to have said this while speaking at a engagement with upstream gas industry stakeholders held at the NNPC…

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‘Since Feb,’ Port Harcourt Refinery Not Producing Fuel 3 Months Before Shutdown

Aliyu Aliyu

  . ‘Shutdown after $1.5bn rehabilitation Is Face Saving, Has No Effect On Supply,’ Marketers Open Up on refinery NNPCL declared operational in November, 2024 The Independent Petroleum Marketers Association of Nigeria has said the Nigerian National Petroleum Company Limited had to shut down the Port Harcourt Refining Company to save its face. IPMAN said the facility’s shutdown is insignificant to the Nigerian petrol market, stressing that the plant did not produce petrol for about three months before its eventual shutdown. This is even as the Petroleum Products Retail Outlet…

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‘Six Months After $1.5bn Rehabilitation,’ NNPCL Shuts Down Port Harcourt Refinery

ADEOLA YUSUF

    ‘November 26 To May 24,’ details of ‘scheduled maintenance and sustainability assessment’ that will take the 60,000 barrels daily capacity refinery off circulation     The Nigerian National Petroleum Company Limited (NNPC Ltd) on Saturday announced a scheduled maintenance shutdown of the Port Harcourt Refining Company (PHRC), beginning on May 24, 2025. Platforms Africa reports that the refinery began truck loading of petroleum products on Tuesday 26 November after a rehabilitation that gulped $1.5 billion. Chief Corporate Communications Officer, Femi Soneye, who confirmed the shutdown in a statement…

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