Search more about Regulatory Bodies at VConnect. Find list of best Regulatory Bodies in Nigeria with their name, address, contact phone number and other information on VConnect. Improve the efficiency of your sales cycle with our CRM Software Register Now The Ministry and the Department of Gas Resources (DGR) are the other regulatory bodies in the oil and gas sector. Both are responsible for implementing government policy and ensuring compliance with applicable law extraction and production of oil and gas in Nigeria either through: Pinnacle Oil and Gas Limited is an indigenous Oil and Gas Company with foot print of over 10 years in the Nigerian Oil and Gas Sector. Pinnacle is an ISO 9001, 2015 certified company. In light of ensuring transparency and compliance in service, we are in tandem with all registration and licensing requirements across various Nigerian Oil and Gas regulatory bodies. BudgIT, non-governmental organisation has called on regulatory bodies of oil and gas sector to step up performance, as this would lead to Economic Recovery and Growth Plan (ERGP) of the federal government BudgIT said it has critically assessed the report of the Nigeria Extractive Industries Nigeria Extractive Industries Transparency Initiative (NEITI) – a body that shoulders the task of improving transparency and accountability in the management of revenues from natural resources – released last December the audit report of the oil and gas industry for 2016. Take a look for Renegade Complete Oilfield Services look forward to identifying the right oilfield services to meet your needs within the oil and gas industry.. List of Oil and Gas Companies and Contact Details In Nigeria: African Petroleum Plc Address: AP House, 54/56 Broad Street, Marina, Lagos Island, Lagos. Nigeria operates a command and control regulatory framework in the oil and gas sector. 1 This type of regulation was prevalent in the United States and Britain during the 1970s and 1980s. 2 Under this regulatory framework, regulators are deemed to be acting in the public interest.
The bodies responsible for formulating regulatory policies on behalf of the FGN The principal legislations regulating the Nigerian oil and gas industry are the 9 Aug 2019 1.2 Regulatory Bodies. Petroleum activities in Nigeria are primarily regulated by the following ministries and agencies. Ministry of Petroleum iv Regulatory authorities. The Federal Ministry of Petroleum Resources has primary responsibility for policy direction and exercises supervisory oversight over the
to our Official Website. The Nigerian Gas Association (NGA) is the apex organisation representing the varied and numerous stakeholders in the gas sector within the Nigerian oil and gas industry. and Policies. Influence the formulation of Legislation, Policies and Regulation. The authority for information in the industry. The Nigeria-Biafra war, oil and the political economy of state induced (high pour Fuel Oil (HPFO) and low pour Fuel Oil (LPFO); liquefied petroleum gas (LPG ); over 7,948 (according to the Petroleum Product Pricing Regulatory Authority, 21 Nov 2019 But it comes amid challenging times for the Nigerian oil and gas industry, which The royalty rise in part addresses a regulation that allows the Risk Management and Regulatory Failure in the Oil and Gas Industry in Nigeria: Why has regulatory agencies failed to protect communities against the
iv Regulatory authorities. The Federal Ministry of Petroleum Resources has primary responsibility for policy direction and exercises supervisory oversight over the The Nigerian National Petroleum Corporation (NNPC) undertakes commercial ventures in the is the technical Department of the Ministry that regulates and monitors activities of the oil and gas industry. Nigeria Nuclear Regulatory Authority.
review of the legal framework for the oil and gas sector in Nigeria since the industry Act 1959, the Petroleum Products Pricing Regulatory Act 2003 amongst others have by petroleum regulatory agencies into the Commission's account. countries in the oil, gas and mining sector as part of United Nations Development Account Project The example of regulatory bodies like the Nigerian Content. 2(Emerald Energy Institute, University of Port Harcourt, Nigeria) Environmental regulatory agencies in the North Sea, Gulf of Mexico, Produced water (PW) is a subsurface fluid just like crude oil and natural gas consisting of certain.