Nigeria issues its first exploration license under PIA

Posted by - October 16, 2023

Nigerian Upstream Petroleum Commission (NUPRC) has issued a Petroleum Exploration Licence (PEL) to TGS-PetroData Offshore Services Limited (TGS-PD), following the guidelines outlined in Section 71 (1) – (10) of the Petroleum Industry Act (PIA) 2021. The announcement was made by the Commission’s CEO, Engr Gbenga Komolafe, in a statement. He pointed out that this PEL,