Marginal Field, Discretional Oil Blocks Allocation Era Gone – NNPC, NUPRC

Kyari appraises NNPC’s PSCs renewal deals with Shell, Chevron , ExxonMobil   The oil sector regulator and government operator on Thursday officially declared the era of marginal fields and discretional oil blocks allocation gone in Nigeria. The Chief Executive, Nigeria Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, and the Chief Executive Officer of the NIgerian National Petroleum Company Limited (NNPC), Mallam Mele Kyari, unanimously said this at the 2022 Strategic International Annual Conference organised by the National Associaton of Energy Correspondents (NAEC) in Lagos. READ ALSO: Nigeria Eyes $500bn, Renews…

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