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NUPRC set to host stakeholders forum with 2020 marginal field bid round awardees

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.

ThIs was contained in a release made available to Valuechain today which was signed by the Commission’s Chief Executive Officer, Engr Gbenga Komolafe.

The release also said that the objective of the engagement forum is 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 forum will 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.

All eligible awardees and relevant international oil companies (IOC) who are associated with the MFBR are expected to attend the meeting, Valuechain quoted the release as saying.

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