NUPRC to revoke idle oil licences, issues October deadline
The Nigerian Upstream Petroleum Regulatory Commission has moved to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act 2021, warning holders of non-performing oil licences that they risk losing their acreages if they fail to meet their approved work commitments. The commission gave operators affected by the 2020 Marginal Field Bid Round, 2022/2023 Mini Bid Read More: https://punchng.com/nuprc-to-revoke-idle-oil-licences-issues-october-deadline/
Black News 
The Nigerian Upstream Petroleum Regulatory Commission has moved to enforce the “Drill-or-Drop” provisions of the Petroleum Industry Act 2021, warning holders of non-performing oil licences that they risk losing their acreages if they fail to meet their approved work commitments. The commission gave operators affected by the 2020 Marginal Field Bid Round, 2022/2023 Mini Bid
Read More: https://punchng.com/nuprc-to-revoke-idle-oil-licences-issues-october-deadline/
