NUPRC urges new oil block owners to build technical capacity before production

NUPRC urges new oil block owners to build technical capacity before production

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has urged new oil block owners to strengthen their technical capacity and operational structures to avoid the difficulties experienced by previous operators of the oil assets.The Commission Chief Executive, Oritsemeyiwa Eyesan, gave the advice at the maiden onboarding workshop for holders of Petroleum Prospecting Licences (PPLs), where she highlighted the challenges faced by some operators who acquired oil assets without fully understanding the requirements of running an oil and gas business.

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Reported by nigeriannewsdirect.com.

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