December 2, 2022

Nigeria planning public sale for seven deep offshore oil

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ABUJA — Nigeria is planning to public sale seven deep offshore oil blocks, 15 years because the final ones had been auctioned, the upstream regulator stated on Saturday.

Other than marginal fields, Nigeria final carried out bidding for 45 oil blocks in 2007 even when the courtroom had stopped the sale of two that had been beneath litigation between Shell and the Nigerian authorities.

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“We are going to announce by subsequent month the intention to conduct a clear bidding rounds for seven…

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