‘Why Nigerians must insist on transparent oil licensing process’
Nigeria has remained in the eye of the storm since the award of Oil Prospecting Licence (OPL) 245 to Malabu Oil & Gas Limited, exposed the level of corruption that takes place in the award of oil blocks. As Nigeria makes efforts towards addressing the obscurity in the oil and gas sector, there is the…
Transcorp to begin exploration of oil from OPL 281 in 2019
Transnational Corporation of Nigeria Plc has unfolded plans to convert its Oil Prospecting Licence (OPL) 281 asset (located in Delta state) to Oil Mining Lease (OML) for commercial production by second quarter (Q1) of 2019.