The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), on Tuesday, announced the commencement of the 2024 oil block licensing round.
The Chief Executive of NUPRC, Gbenga Komolafe, announced this at the Miami, Florida International Roadshow for the 2024 licensing round, hosted by the NUPRC, in collaboration with Petroleum Technology Association of Nigeria (PETAN).
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has received presidential approval to remove all entry barriers to the licensing round including reducing the entry fee to the barest minimum.
No fewer than 23 oil blocks managed by both international and local oil companies, which are under crude oil Production Sharing Contracts with the Nigerian National Petroleum Company Limited, failed to produce crude or were inactive, the Federal Government has said.
The process concerning the development of natural gas deposits in block 6 in the Cypriot EEZ will proceed with a fast pace, Minister of Energy, Commerce and Industry Natasa Pilides has said, announcing the entry of French TOTAL in the field of renewable energy in Cyprus. Pilides who accompanied TOTAL’s vice president Laurent Vivier during […]
Tanzania petroleum regulators insist that there is no operational contract signed between the government and Petrodel which claims to own the three blocks.