Upstream Petroleum Workers Strike Threatens Oil Regulation

Upstream Petroleum Workers Strike Threatens Oil Regulation

An indefinite nationwide strike by upstream petroleum workers has brought Nigeria’s oil and gas regulatory architecture to a halt. Members of the Petroleum and Natural Gas Senior Staff Association of Nigeria locked the gates of the Nigerian Upstream Petroleum Regulatory Commission. The industrial action completely froze administrative and regulatory functions at the Abuja headquarters and…

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NUPRC Enforces Drill-or-Drop Rule in 2025 Bid Round

NUPRC Enforces Drill-or-Drop Rule

Nigeria has ended the era of “paper oil” by enforcing strict relinquishment rules for exploration licences. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) confirmed that operators must now develop assets or lose them. This “drill-or-drop” provision, enshrined in Section 94 of the Petroleum Industry Act, targets companies that previously held blocks for decades without investment….

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