FG returns 13 oil, gas blocks to future licensing rounds

Key points Main story The Federal Government has announced that 13 oil and gas blocks in the ongoing 2025 Licensing Round will be returned to the bid basket for future licensing exercises, while successful bidders will be required to commence development promptly or forfeit the assets under its “drill or drop” policy. The Commission Chief … Continue reading FG returns 13 oil, gas blocks to future licensing rounds