Nigeria has 220 open oil blocks scattered across its onshore and offshore basins, despite mounting debt and crude supply challenges, data from the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed. The deep offshore region accounts for the highest number of unlicensed blocks at 59, followed by the Benue Trough with 41, the Chad Basin … Continue reading Nigeria Sits On 220 Untapped Oil Blocks Amid Soaring Debt