The Punch
NUPRC sets October 31 deadline for operators of undeveloped oil assets
The Nigerian Upstream Petroleum Regulatory Commission warned companies holding undeveloped oil and gas licenses to fulfill their obligations by October 31 or face potential revocation.
The NUPRC is targeting oil and gas firms that fail to develop their assigned assets. Operators have until October 31 to comply with regulatory requirements before the commission takes action against non-responsive companies.
Brief written with AI from reporting by The Punch. All rights to the original story belong to the publisher.