Nigeria government has concluded plans to offer for sales seven fresh deep offshore oil block licences in November, 2022. According to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Chief Executive, Gbenga Komolafe, the oil blocks available are at depths of between about 1,200 meters (3,936 feet) and 3,100 metres offshore Lagos. This last time the federal government issued dozens of such permits was between 1993 and 2007, and it was meant to open up the ocean floor to oil and gas production. READ ALSO: Buhari Disowns Finance Minister, Backs Emefiele…
Read MoreNigeria To Auction Seven Oil Blocks Offshore Lagos November
