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NUPRC Issues 19 Petroleum Prospecting Licences to 12 Firms Under 2024 Bid Round

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has formally issued Petroleum Prospecting Licences (PPLs) to successful bidders in Nigeria’s 2024 oil licensing round, completing another phase of the country’s efforts to stimulate investment in the upstream petroleum sector. The licences…