FG to withdraw idle oil blocks, charges IOCs to drill or drop

Guardian | 02-04-2025 04:27pm |

The Federal Government, yesterday, expressed concerns over the increasing number of idle and underdeveloped oilfields in Nigeria, warning International Oil Companies (IOCs) that they risked losing underutilised assets.The post FG to withdraw idle oil blocks, charges IOCs to drill or drop appeared first on The Guardian Nigeria News - Nigeria and World News.

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