‘How new exploration licences will improve Nigeria’s oil production’

Dailytrust | 03-09-2025 03:42pm |

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) recently concluded the execution of the Production Sharing Contract (PSC) of the Oil Prospecting Licence (OPL) 2001 and 2002. The licences are for offshore exploration in the Deepwater West Delta basin and is 2,000 square kilometres. The licence was awarded to TotalEnergies which owns 80% and South Atlantic

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