₦airaland Forum

In line with the Petroleum Industry Act (PIA) 2021, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has taken a bold step towards oil and gas transparency in Nigeria. The Commission has officially released the Nigerian Upstream Concession Situation Report, which contains the complete list of oil blocks in Nigeria and the companies that own them.

Why This Matters

Section 7(m) of the PIA 2021 empowers the NUPRC to ensure openness in the petroleum sector. By publishing the owners of petroleum licences in Nigeria, the Commission is giving stakeholders, investors, and citizens direct access to vital information that was previously hard to obtain.

Key Highlights from the Report

The report, dated 1st August 2022, covers:
• Companies with Petroleum Exploration Licences (PELs) and Petroleum Prospecting Licences (PPLs)
• Area sizes of licensed blocks (in square kilometers)
• Equity distribution percentages among partners
• Geological location/terrain (Niger Delta onshore and offshore)
• Dates of licence grant and expiration

For example:
• TGS-Petrodata Offshore Services Ltd holds PEL 1, covering 56,500 sq.km in the Niger Delta Deep Offshore.
• Several firms including Ereibina Energy Resources Ltd, Omega-Butler Marginal Fields Ltd, and Petrogras Energy Trade W.A Ltd are listed under PPLs in the Niger Delta Onshore.

A Step Towards Transparency

This publication is a significant milestone for Nigeria’s oil and gas sector. It provides clear insights into who controls which oil blocks, ensuring that NUPRC petroleum licences are managed with accountability. It also gives potential investors more confidence in the regulatory process and resource management.

For the full list of oil block owners in Nigeria, visit the official NUPRC website.

Source: https://naijagg.com/nuprc-publishes-full-list-of-oil-block-owners-in-nigeria/

Kini gbogbo palapala yi. You no put the names of the owners you dey put company for there.

If he sure for una,put the names for there make wè see naa

Show us the names of the individuals. Anything short of that na scam

No mind them...who them dey whine...it's either the real owners or nothing

I have been having fun with ChatGPT with the names of these companies.
The truth be told, the North owns this country.
Almost all the names there are from the north.

It has come to the oil in the Niger Delta region and the North is wise enough to name the oil wells they apparently own with English contemporary names. South-South in shambles

They should have also named the real owners even though it won't change anything

According to Google 70% of those companies are owned by Northerners.

All those our oil our oil people don't even owe up to 5% of the oil wells

Why isn't this trending on all platforms? I wonder.

Emotionss:
According to Google 70% of those companies are owned by Northerners.

All those our oil our oil people don't even owe up to 5% of the oil wells

According to Google? Which Google? You mean Wikipedia? The same tool that'll probably generate answers from comments of those who know next to nothing like yours here?

Let me safe this plot of land for more. I will be back with the update. It looks like southerns just came to play in Nigeria.

omenka:
The only reason this news hasn't been trending on all social media platforms is that it likely busted that huge age-long bubble of lies that northerners own 90 percent of oil licences.

The truth isn't palatable to the usual peddlers of that lie.

Bros, your shame dey catch me. Even with the mountain of evidence before you, you are still burying your head in the sand.

Laughable!
Our oil , our oil!
But our oil is in the North, while we handle the pipeline security.

It's all good sha, afterall, we rather the Northerners take the wells because our brothers will take it

Northerners control every basic thing in NIGERIA.
they are the most corrupt.
Upon everything they control, their region except FCT is not in good shape.

sonnie10:
Bros, your shame dey catch me. Even with the mountain of evidence before you, you are still burying your head in the sand.

You don't know who you're replying? Someone that even Benue state is wiped off Nigeria he will rather look for a robbery case in south east to comment hate on than make a comment on the killings of his people in Benue

happney65:
Kini gbogbo palapala yi. You no put the names of the owners you dey put company for there.

If he sure for una,put the names for there make wè see naa

A simple enquiry at cac will get you the names of the owners.....you should know that.

In the spirit of transparency indeed

40 character never complete?

Has any government ever done this? This indeed is transparency.

happney65:
Kini gbogbo palapala yi. You no put the names of the owners you dey put company for there.

If he sure for una,put the names for there make wè see naa

Bros that's not their job. Make your research about who owns what?

happney65:
Kini gbogbo palapala yi. You no put the names of the owners you dey put company for there.

If he sure for una,put the names for there make wè see naa

You too make effort and stop being lazy. Do a research using the name of the company to find out the owner.

gerrardomendes:
Show us the names of the individuals. Anything short of that na scam

It is not awarded to individuals, rather to cooperate bodies.

THIS IS SUPER STORY.....What else we saying no wonder some pple no want make Naija divide..aje naw north get this Naija from land mass,even all the mineral wey dem dey mine out FG just gave dem upper hand,naw dem dey decide,even in politics,if the northern elites no want you for aso rock,who re you to get there.

Yakhi84:
It has come to the oil in the Niger Delta region and the North is wise enough to name the oil wells they apparently own with English contemporary names. South-South in shambles

Hahahaha... You are right. I think they are doing it on purpose. They also craftily use people from the South East as spokesman or press secretary.

ezra1990:
No mind them...who them dey whine...it's either the real owners or nothing

Go and verify.,...... CAC is there. That is, the due process..... My opinion though.

gerrardomendes:
Show us the names of the individuals. Anything short of that na scam

This is ignorance speaking. A company is a legal person. There is no reason for them to publish the names of specific individuals. If you're so curious, you can go to CAC and for a small fee they will reveal the individuals behind any company to you.

happney65:
Kini gbogbo palapala yi. You no put the names of the owners you dey put company for there.

If he sure for una,put the names for there make wè see naa

Nigeria under the PIA does not allocate oil blocks or fields to individuals. It has to be a corporate body. If you are interested in knowing the beneficial owners, corporate affairs commission is there for you.

Enjoy.

Wow. No wonder they attacked the MD Ojulari in media. The owners of Nigeria who cannot differentiate between a cup of crude oil and small stout or coka cola.

Only 2% of certain set of people are enjoying common wealth of other 98 percent. That's why majority are so poor in the North. Their should be revolution in the North to demand accountability from their leaders instead naa rankadede up and down

alanto:
Has any government ever done this? This indeed is transparency.

or bro Yekini wants in too on the action. Him n his? Lol

jiz:
Only 2% of certain set of people are enjoying common wealth of other 98 percent. That's why majority are so poor in the North. Their should be revolution in the North to demand accountability from their leaders instead naa rankadede up and down

their poor have religion. They can block roads. Kill indidels for Muhammed sake. Be corrupt in police n army or civil service. Be employed as imams and deputies.
They enjoy a lot too.

It is dominance like this that will make them declare all if the south as part of a grazing route that was only ever in existence under northern protectorate.

This is an incomplete list of oil blocks in Nigeria and the companies that own them if the names of their actual owners are cleverly shrouded in the secrecy that the NUPRC is claiming to forestall.

Even though companies are legal entities, they are owned and operated by individuals.

What Nigerians demand are the names of the real owners if transparency is the real purpose of this list.


NUPRC can't be too clever by half!



@hotseat