Nigeria has given approval for a licensing round aimed at re-allocating acreage left dormant by concessionaires for 10 years, hoping local suitors can develop fields deemed non-commercial by majors.
Country aims to tempt back local suitors into acreage long neglected by majors
Nigeria has given approval for a licensing round aimed at re-allocating acreage left dormant by concessionaires for 10 years, hoping local suitors can develop fields deemed non-commercial by majors.