The New OPTS Website
Have You Visited The OPTS Website ? If you have never visited our website, then get ready to experience something new and exciting the next time you visit www.opts-ng.com/redesign We undertook a complete makeover of our corporate website, redesigning everything. Draped in our vivid OPTS colours, our website reflects our renewed vibrancy and focuses on […]
OPTS Courtesy visit
The OPTS Vice Chairman, Mike Sangster accompanied by the ED OPTS, Mr Bunmi Toyobo and Abrianna Bossman, OPTS Technical Analyst, paid a courtesy visit to Seplat Petroleum Development Company at their office situated at 16a Temple Road, Ikoyi, Lagos. The OPTS delegation were received by the Mr.Austin Avuru – MD, Seplat and Mr. Roger Brown, […]
OPTS Courtesy visit
The OPTS Chairman, Lorenzo Fiorillo accompanied by the ED OPTS, Mr. Bunmi Toyobo and Lola Adelore, OPTS Finance Analyst, paid a courtesy visit to the MD, First Exploration & Production Company at their office situated at Adebola House, 228A Awolowo Road, Ikoyi. Lagos. The MD, First E&P, Mr Ademola Adeyemi-Bero received the OPTS delegation. Mr. […]
OPTS Success Story
Attorney – General of Rivers & Others V. Attorney – General of the Federation Relevant OPTS members have received the Attorney General of the Federation’s letters withdrawing the Trobell Ltd /Federal Government of Nigeria’s retroactive revenue demand in respect of the Supreme Court judgment of April 5, 2018 in the suit filed by the Attorney Generals […]
New Addition to Existing Subcommittees
The Industry Cost Efficiency (ICE) is now fully set up as an OPTS subcommittee bringing the total number of OPTS Subcommittees to 15. The main mandate of the subcommittee is to act as overall sponsor of the Industry Cost Efficiency (ICE) program by providing steer on initiatives, setting clearly defined annual targets, communicating status and […]
OPTS Technology Upgrade
OPTS has moved to the Cloud! We recently upgraded our IT architecture; migrating to the cloud using the Amazon Web Service platform eliminating the need for on-site servers and reducing our IT spend. We also moved to Office 365 for our documentation and data sharing allowing us to work remotely. In addition, we also […]
Ex Chairman’s Recognition
During the February EXCOM, the immediate past Chairman, Mr. Paul McGrath was presented with a certificate of recognition by Mr. Lorenzo Fiorillo in appreciation of his exemplary leadership during his tenure as Chairman, OPTS from January 2019 to January 2020 During his tenure, Paul; Led the development of the OPTS advocacy framework Delivered on collecting […]
Upstream Oil & Gas Industry Intervention initiative on Covid-19
In recognition of the impact of Covid-19 pandemic on the Nigeria, the Nigerian Oil & Gas industry under the leadership of NNPC Group Managing Director, Mallam Mele Kyari embarked on an industry – wide collaboration intervention initiative to combat the pandemic. The effort is a collaboration between NNPC and its partners in the upstream sector […]
OPTS International Tax Conference London
The 2019 edition of the Oil Producers Trade Section (OPTS) Tax subcommittee International conference held on 21–23 October 2019 in London, England. The theme of the conference was “Impact of Fiscal Policy Certainty and Tax Administration Efficiencies in a Growing Economy”. The conference came at a time of important changes to the Nigerian Oil and […]