Nigeria’s oil sector could see increased investment and efficiency as regulators collaborate to reduce production costs and strengthen safety standards across the industry.
The Senior Staff Association of Petroleum and Natural Gas of Nigeria, PENGASSAN, has initiated a countrywide strike starting Monday. This strike has paralyzed operations at key oil and gas establishments in Nigeria, such as the Nigerian National Petroleum Company Limited, NNPCL, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), & the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA.