Production sharing contract and Nigeria’s pursuit of increased crude oil production, By Akpandem James

Just about this time last year, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) announced an ambitious programme to increase Nigeria’s crude oil output by one million barrels per day, over a 12 to 24-month period. When the Commission’s Chief Executive, Engineer Gbenga Komolafe made this proclamation, those acquainted with the country’s oil and gas industry […]

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