PIA 2021: NUPRC grants 1st petroleum exploration licence
In compliance with the provisions of Section 71 (1) – (10) of the Petroleum Industry Act (PIA) 2021, the Nigerian Upstream Petroleum Commission (NUPRC) has granted a Petroleum Exploration Licence (PEL) to TGS-PetroData Offshore Services Limited (TGS-PD). The PEL is the first under the PIA 2021 and is under the licence agreement which the commission and TGS-PD executed for a …