The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has made a formal visit to the headquarters of Infosys, a global leader in information system technology in Bengaluru, Indian, as part of its moves towards full digitisation of its operations. A statement from the upstream regulator on Friday, said the move was a significant step towards fostering digital transformation in Nigeria’s upstream petroleum industry. Infosys is a worldwide leader in information system technology with about 320,000 employees and about $18.6 billion annual turnover. It provides support and services to the major oil companies, national oil companies and service companies in the petroleum sector as well as other sectors such as aviation, finance and so on globally. The delegation, led by the Chief Executive of the NUPRC, Gbenga Komolafe, the statement said, was focused on exploring how Infosys’ cutting-edge technological solutions could support the commission in achieving its regulatory mandate under the Petroleum Industry Act (PIA). Central to the discussions, it said , were strategies to digitalise and automate key regulatory processes, streamline hydrocarbon accounting, and ultimately plug revenue leakages to enhance government revenues. Highlight of the visit was the strategic meeting between the NUPRC chief executive and Mr. Nandan Nilekani, the […]