NUPRC sets October 31 deadline for oil firms over non-performing licences
Nigeria’s upstream petroleum regulator has given holders of certain oil licences until October 31 to disclose their compliance status and explain delays in meeting approved work commitments, warning that non-performing acreages could face regulatory sanctions. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) issued the directive to holders of petroleum prospecting licences (PPLs) awarded under the […]