✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

FG puts 7 deep water oil blocks on offer

The federal government has put seven deep offshore oil blocks on offer, calling on investors globally to bid for them.
The Commission Chief Executive, Nigeria Upstream Petroleum Regulatory Commission, NUPRC, Engr. Gbenga Komolafe, announced this on Wednesday during a press briefing in Abuja.
Uzodimma presents N447bn budget to Imo assembly for 2023
Emefiele: Courts should stop ordering citizens’ arrest, detention – Falana
Engr. Komolafe said, this is the first time a bid for a deep offshore asset is holding after the Petroleum Industry Act, PIA 2021 and since April 2007 when 45 blocks were offered but under the defunct regulation.
The CCE further said a pre-bid conference will hold on January 16, 2023, and prospective investors are expected to submit bids for the blocks on or before January 31, 2023.
Details shortly…

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.