Corporate Information

The Petroleum Technology Development Fund (PTDF) is a parastatal of the Ministry of Petroleum Resources established by Degree 25 0f 1973 dedicated for the purpose of development, promotion and implementation of petroleum technology and manpower development through research and training of Nigerians as graduates, professionals, technicians and craftsmen in the fields of engineering, geology, geosciences, management, economics and relevant fields in the petroleum and solid minerals industry in Nigeria or abroad.

Mandate of the PTDF

The Fund shall be dedicated for the purpose of development, promotion and implementation of petroleum technology and manpower development through research and training of Nigerian as graduate, professional, technician and craftsmen in the relevant fields in the petroleum and solid minerals industry.

The fund shall:

• Moderate the operational dominance of the Nigeria oil and gas industry by foreign personnel and expetise
• Initiate, design an implement an effective indigenous research and development capacity for Nigeria's oil, gas and solid minerals industry.
• Co-ordinate with research centers in Nigeria and abroad the adaptation of techonological innovations for the Nigerian oil, gas and solid minerals.
• Use exisiting human resources development facilities inNigeria for an expanded manpower development programme in the oil, gas and solid minerals industry.
• provide scholarhips, bursaries and grants to Nigerians, wholly or partially, in Universites, Polytechnics, Colleges, Schools and institutions in relevant disciplines in Nigeria or abroad.