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NUPRC threatens revocation of non-performing oil licences, sets October 31 deadline

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet approved w

Olalekan AdigunSeptember 19, 20261 min read
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has warned holders of non-performing oil licences that they risk losing their acreages if they fail to meet approved work commitments, as it moves to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act (PIA) 2021.

The post NUPRC threatens revocation of non-performing oil licences, sets October 31 deadline appeared first on Nairametrics.

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