NUPRC Awards 19 Oil Licences and Praises ExxonMobil Investment
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has awarded 19 oil prospecting licenses to 12 firms during the 2024 bid round. NUPRC also commended ExxonMobil's $1 billion deepwater investment, highlighting its significance for the Nigerian oil sector.
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NUPRC hails ExxonMobil’s $1bn deepwater investment, awards 19 oil licences
NUPRC welcomes ExxonMobil’s $1bn investment in Nigeria’s Usan deepwater project, set to boost crude oil production by 40,000 bpd and revive drilling activi Read More: https://punchng.com/nuprc-hails-exxonmobils-1bn-deepwater-investment-awards-19-oil-licences/
By Punch Newspapers
Read full article →2024 Bid Round: NUPRC hands oil prospecting licences to 12 firms
By Obas Esiedesa, Abuja The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally presented Petroleum Prospecting Licences (PPLs) to successful bidders in the 2024 oil licensing round, issuing 19 prospecting licences to 12 companies as part of efforts to attract fresh investment into Nigeria’s upstream petroleum sector. The concession contracts and licences were presented during […] The post 2024 Bid Round: NUPRC hands oil prospecting licences to 12 firms appeared first on Va...
By Nwafor
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