FARM-OUTS OF MARGINAL FIELDS IN THE NIGERIAN OIL AND GAS INDUSTRY: A LEGAL OVERVIEW

On the 5th of May, the Group Managing Director of the Nigerian National Petroleum Corporation, Mallam Mele Kyari, announced that the Federal Government was set to conduct bidding rounds for marginal fields. Subsequently, this announcement was affirmed by other officials in the oil and gas industry. Should the bidding rounds be conducted, 56 marginal fields […]