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ENGR. GBENGA KOMOLAFE
In what could best be described as a landmark milestone for Nigeria’s upstream oil and gas industry, PE Energy Limited, a leading energy services company, has completed and officially submitted the Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian Oil & Gas Sector to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).
ExxonMobil has affirmed its long-term commitment to Nigeria’s oil and gas sector with a planned $1.5 billion investment in deepwater exploration and development projects, a move set to reinforce confidence in the country's upstream potential.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to deny oil companies export licenses if they fail to supply crude oil to local refineries.