IOCs

FG Warns IOCs To Fast-Track Field Development Or Lose Assets

The Federal Government has warned international oil companies (IOCs) and other operators…

Nigeria to Enforce ‘Drill or Drop’ Rule on Idle Oil Assets

The Nigerian federal government has issued a clear directive to International Oil…

Heads of the NCDMB, NNPC Ltd and five international oil and gas companies after signing the Service Legal Agreement on reducing contracting cycle to 6 months

NNPC, NCDMB, IOCs sign deal to reduce contracting cycle to 6 months

In a significant move aimed at enhancing efficiency and reducing costs in…