Showing posts with label Department of Petroleum Resources; Petroleum Resources; Oil Processing Lease; Oil Mining Licenses; Petroleum Industry Bill. Show all posts
Showing posts with label Department of Petroleum Resources; Petroleum Resources; Oil Processing Lease; Oil Mining Licenses; Petroleum Industry Bill. Show all posts

Thursday, September 15, 2016

11 Oil Blocks To Expire This Year As PIB Delays Licensing Round

FPSO moored in Nigerian waters
• Govt fails to hold bid rounds for 31 marginal fields two years after
Hopes that the Federal Government would hold any licensing round for oil blocks this year is dim due to the delay in the passage of the Petroleum Industry Bill (PIB).