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August 21, 2026
President Bola Ahmed Tinubu signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the Order), marking the latest development in Nigeria’s fiscal incentive framework for deep...
May 13, 2026
Nigeria’s Decommissioning and Abandonment Regime: Overview of the 2026 NUPRC Regulations The Nigerian Upstream Petroleum Regulatory Commission has issued the 2026 Decommissioning & Abandonment Regulations, revoking the 2023 framework and...
February 13, 2026
In 2025, Nigeria’s oil and gas sector navigated significant transition amid global price volatility, accelerating energy transition pressures, and far-reaching reform. Despite these headwinds, the industry recorded material progress –...
December 4, 2025
This licensing round aims to unlock Nigeria's undeveloped and fallow oil and gas fields, with a focus on gas-rich assets in line with Nigeria’s energy transition and decarbonization objectives....
October 14, 2025
In this edition of our Deconstructing the Tax Reform Acts Series, we explore how the NTA reshapes petroleum taxation, highlight key fiscal and compliance updates, and examine what these changes...
September 4, 2025
Given the high-risk nature of petroleum exploration, production, transportation, and retail activities, insurance is a vital tool for managing liability, protecting assets, and ensuring operational continuity in the petroleum sector....
July 24, 2025
The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....
June 30, 2025
New Commercial Regulations in Nigeria’s Upstream Petroleum: Key Obligations under the 2025 Framework
On 5 May 2025, the Nigerian Upstream Petroleum Regulatory Commission (the NUPRC or the Commission), further to its powers under the Petroleum Industry Act 2021 (the PIA), issued the Nigerian...
June 19, 2025
The global energy landscape is undergoing a seismic shift, fueled by factors such as the energy transition drive and geopolitical tensions, notably the Russia-Ukraine conflict. Whilst these factors have contributed...
February 27, 2025
Introduction The Nigerian oil and gas sector experienced significant shifts in 2024, from major mergers and acquisitions to new regulatory changes and infrastructure developments. As indigenous companies take on greater...
August 21, 2026
President Bola Ahmed Tinubu signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the Order), marking the latest development in Nigeria’s fiscal incentive framework for deep...
May 13, 2026
Nigeria’s Decommissioning and Abandonment Regime: Overview of the 2026 NUPRC Regulations The Nigerian Upstream Petroleum Regulatory Commission has issued the 2026 Decommissioning & Abandonment Regulations, revoking the 2023 framework and...
February 13, 2026
In 2025, Nigeria’s oil and gas sector navigated significant transition amid global price volatility, accelerating energy transition pressures, and far-reaching reform. Despite these headwinds, the industry recorded material progress –...
December 4, 2025
This licensing round aims to unlock Nigeria's undeveloped and fallow oil and gas fields, with a focus on gas-rich assets in line with Nigeria’s energy transition and decarbonization objectives....
October 14, 2025
In this edition of our Deconstructing the Tax Reform Acts Series, we explore how the NTA reshapes petroleum taxation, highlight key fiscal and compliance updates, and examine what these changes...
September 4, 2025
Given the high-risk nature of petroleum exploration, production, transportation, and retail activities, insurance is a vital tool for managing liability, protecting assets, and ensuring operational continuity in the petroleum sector....
July 24, 2025
The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....
June 30, 2025
New Commercial Regulations in Nigeria’s Upstream Petroleum: Key Obligations under the 2025 Framework
On 5 May 2025, the Nigerian Upstream Petroleum Regulatory Commission (the NUPRC or the Commission), further to its powers under the Petroleum Industry Act 2021 (the PIA), issued the Nigerian...
June 19, 2025
The global energy landscape is undergoing a seismic shift, fueled by factors such as the energy transition drive and geopolitical tensions, notably the Russia-Ukraine conflict. Whilst these factors have contributed...
February 27, 2025
Introduction The Nigerian oil and gas sector experienced significant shifts in 2024, from major mergers and acquisitions to new regulatory changes and infrastructure developments. As indigenous companies take on greater...