Results for "Nigerian Oil Sector"

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for oil regulators to be evaluated based on industry results rather than just licenses and approvals. This statement emphasizes a focus on tangible outcomes in the Nigerian oil sector.

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.