NUPRC Secures $400M Oilfield Decommissioning Liabilities, Tightens Rules on Asset Divestments

Primanews | 12-09-2025 10:58am |

NUPRC has secured $400M Oilfield Decommissioning Liabilities and tightened rules on asset divestments. NewsOnline Nigeria reports that the Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, says Nigeria is applying lessons from costly global oilfield divestment cases to safeguard its petroleum sector, having already secured more than $400 million in

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