PE Energy Submits Oil, Gas Measurement Systems Audit Report to NUPRC

By Modupe Gbadeyanka

Report of the first-ever comprehensive engineering audit of the Nigerian oil and gas measurement systems has been submitted to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

The outcome of the audit was presented to the agency by a leading energy services company, PE Energy Limited.

The Engineering Audit Report on Upstream Measurement Equipment and Facilities in the Nigerian Oil & Gas Sector was approved by the Federal Executive Council (FEC) headed by President Bola Tinubu in alignment with his administration’s Renewed Hope Agenda to enhance economic governance, revenue assurance, and sectoral transparency.

While presenting the report to the chief executive of NUPRC, Mr Gbenga Komolafe, the chief executive of PE Energy, Mr Daere Akobo, said the initiative was supported by the dedicated oversight of the Minister of State for Petroleum Resources (Oil), Mr Heineken Lokobiri; and the Minister of State for Petroleum Resources (Gas), Mr Ekperikpe Ekpo.

“Special recognition is extended to Mr Komolafe, whose visionary leadership and commitment to reform enabled the successful execution of this national priority project.

“Under his stewardship, the commission has demonstrated exceptional resolve in advancing Nigeria’s regulatory landscape in alignment with the Petroleum Industry Act (PIA) 2021 and the Nigerian Upstream Petroleum Measurement Regulations 2023.

“We also commend the tireless efforts of the NUPRC technical team and directorates, whose professionalism and collaboration throughout the audit process were instrumental in delivering this outcome,” he said.