May 28, 2024
DPR: Re-organisation in line with FG aspirations for oil, gas industry — Spokesman
DPR generates N2.24trn in 8 months, targets N5trn in December
– By Alison_Godswill

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DPR: Re-organisation in line with FG aspirations for the oil, gas industry — Spokesman

The Department of Petroleum Resources (DPR) says the reorganisation of the agency is in line with the Federal Government’s aspirations for the oil and gas industry and to ensure delivery of its regulatory mandate.

Mr Paul Osu, Head, Public Affairs, DPR, made this known in a statement issued on Monday in Lagos.

Osu said the reorganisation followed the appointment of Mr Sarki Auwalu, as the substantive Director of the DPR by President Muhammadu Buhari gave him the approval to reorganised the agency.

Osu said the reorganisation necessitated the realignment of job functions,  creation of new strategic business units, and promotion of deserving staff to various positions.

According to him, it also led to the retirement of some management staff to pave the way for smooth implementation of the corporate restructuring.

He said: “We wish to restate that the reorganisation has brought a new lease to the affairs of the DPR given the successes recorded in the entire oil and gas industry value chain.

“These include the successful conclusion of the marginal field bid round award programme after eighteen years wait.

“It also includes the inauguration of the National Oil and gas excellence centre (NOGEC), a centre designed as a one-stop-shop to create value, safety and cost-efficiency for the oil and gas industry.

“Also, the DPR concluded the first of its kind Nigeria Gas flare Commercialisation programme ( NGFCP), a programme to commercialise gas flare and protect the environment amongst others.”

Osu noted that the reorganisation had most importantly created industrial harmony, which had ensured oil and gas business sustainability.

He said the DPR would continue to create opportunities for investors and stakeholders in the oil and gas industry as well as enable the success of businesses using its service instruments of licences,  permits and approvals.

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