2020 MFBR: NUPRC to host eligible awardees, other stakeholders

Date:

By Etuka Sunday 

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to host all eligible awardees who have fully or partly complied with signature bonus payment in the 2020 marginal field programme (MFBR) at a forum slated for Thursday,  27th January 2022 at the  Transcorp Hilton Abuja.

The objective of the engagement forum was to state  the policy position of the commission for the marginal field bid round to enable progress  of the exercise in line   with the programme guidelines and in compliance with the Petroleum Industry Act (PIA) 2021. 

The Chief Executive of Commission,  Engr. Gbenga Komolafe in a statement said, the forum would also appraise,  distill and clarify issues associated with the MFBR and provide relevant updates on status  to all stakeholders in line with  transparency policy of government.

READ MORE  TCN earmarks $8bn to increase transmission capacity

All eligible awardees and relevant international oil companies (IOC) who are associated with the MFBR as  farmors are expected to attend the meeting. 

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