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action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/nexusnew/nigerdeltanews.ng/wp-includes/functions.php on line 6114The Nigerian Federal Government has announced 17 additional deep offshore oil blocks for the 2024 Licensing Round for oil fields in the country.<\/p>\n
The Chief Executive Officer, Nigerian Upstream Petroleum Regulatory Commission, Gbenga Komolafe, disclosed this in a statement on Tuesday.<\/p>\n
Komolafe said the update will allow interested investors to take advantage of the expanded opportunities.<\/p>\n
\u201cIn pursuit of the Commission\u2019s commitment to derive value from the country\u2019s abundant oil and gas reserves and increase production, the commission has been working assiduously with multi-client companies to undertake more exploratory activities to acquire more data to foster and encourage further investment in the Nigerian upstream sector.<\/p>\n
\u201cAs a result of additional data acquired in respect of deep offshore blocks, the commission has added 17 deep offshore blocks to the 2024 Licensing Round.<\/p>\n
\u201cFurther details on the blocks can be found on the bid portal.\u201d<\/p>\n
Recall that some deep offshore blocks were offered for the 2024 Licencing Round.<\/p>\n
On May 8, 2024, the government invited investors to bid for 12 oil blocks and seven deep offshore assets in the 2024 marginal fields bid round.<\/p>\n
Similarly, in June 2024, it was reported that the Federal Government had increased the number of oil blocks on offer in the 2024 marginal bid round.<\/p>\n
Nigerian Govt offers 17 new oil blocks for bidding<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"
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