Library / Applicable to all Oil & Gas Operators GUIDELINES AND PROCEDURES FOR OBTAINING DPR APPROVAL FOR TRANSFER OF LICENCE, RIGHTS OR INTERESTS IN THE DOWNSTREAM SECTOR OF THE NIGERIAN OIL AND GAS INDUSTRY

Applicable to all Oil & Gas Operators GUIDELINES AND PROCEDURES FOR OBTAINING DPR APPROVAL FOR TRANSFER OF LICENCE, RIGHTS OR INTERESTS IN THE DOWNSTREAM SECTOR OF THE NIGERIAN OIL AND GAS INDUSTRY

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Applicable to all Oil & Gas Operators  
GUIDELINES AND PROCEDURES FOR OBTAINING DPR APPROVAL FOR 
TRANSFER OF LICENCE, RIGHTS OR INTERESTS IN THE DOWNSTREAM 
SECTOR OF THE NIGERIAN OIL AND GAS INDUSTRY 
Code: DPR Guide 0039 - 2020 
 
Effective Date: 1st September 2020 
 
 
 
This is a property of the Department of Petroleum Resources. All rights reserved  
 
5 
i. 
The DPR shall conduct a due diligence on the transaction to determine whether the 
documents are genuine and to ascertain if the transferee possesses the technical 
competence, experience and financial capability to operate the facility or facilities.  
ii. 
Where the transfer of licence involves refineries, depots, tank farms, jetties, lube 
blending plants, gas plants, petrochemical plants, waste recycling plant or any 
other facility as deem fit by the DPR, the applicants may be invited to make 
presentation as to the technical and financial capability and experience of the 
transferee to operate such facility. 
iii. 
If the Transferee or the parent company of the Transferee or its Affiliates is a 
foreign company, the DPR shall conduct due diligence and visit the office(s) or 
business location (s) or site(s) of the Transferee or the applicant’s parent 
company. 
iv. 
Where the DPR is satisfied that the applicant possesses the requisite technical 
competence, and financial capability to operate the facility, the DPR shall cancel 
the licence of the previous licensee and reissue it in the name of the Transferee.