NUPRC boss hosts Heritage Energy CEO, assures on inclusive regulatory regime for oil and gas sector •            Appeals for industry collaboration for the successful implementation of the PIA

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The Chief Executive of the Nigeria Upstream Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, hosted the Chief Executive of Heritage Energy Operational Services (HEOSL), Ado Oseragbaje, in his Abuja office on Wednesday 29th March, 2023, during  a  courtesy  call by the leadership of HEOSL to the oil and gas industry regulator.

 

Oseragbaje, led a team of HEOSL management consisting of Rev. Sola Adebawo, General Manager, Government, JV and External Relations; Mrs. Chisa Otokpa, General Manager Legal and Company Secretary; and Mr. Hamidu Abbo, Senior Advisor, Government Relations, to pay a courtesy  visit to the NUPRC boss as part of strategic relationship building with the oil and gas industry regulator.

 

He thanked the NUPRC boss for the dynamic and focused leadership he has brought to the Nigerian oil and gas industry, noting that the progressive impact of the new regulatory regime is already manifesting in the growing stability of the industry.

 

Engr. Komolafe appreciated Oseragbaje and the HEOSL leadership team for the visit. He stated that NUPRC is deploying a regulatory strategy focused on inclusiveness and  business enablement, driven by the effective implementation of the revolutionary provisions of the Petroleum Industry Act 2020 (PIA).

 

He appealed to operators in the industry to ensure strict compliance with the various provisions of the Act  to enable the industry, as well as the nation, enjoy the benefits of its successful implementation.

 

Responding, Oseragbaje thanked the NUPRC boss, and promised continued collaboration with the Commission for the success of the industry.

 

Osergbaje became the  CEO of Heritage Oil Limited (a Jersey-based international oil and gas company) as well as its Nigerian subsidiary, Heritage Energy Operational Services, in July 2022. HEOSL is the operator of OML 30 on  behalf of the NNPC E&P/Shoreline Natural Resources Limited Joint Venture.

 

Also present at the session was Dr. Nuhu Habib, Executive Commissioner Production and Develoment, NUPRC.

 

Heritage Energy Operational Services Limited (HEOSL) is the Operator of the OML 30 Joint Venture between NNPC E&P Limited (a subsidiary of NNPC Limited) and Shoreline Natural Resources Limited (SNRL). HEOSL is a subsidiary of Heritage Oil Limited, a Jersey based independent versatile oil and gas exploration and production company and equity owner in SNRL.