Shrinking discovered volumes, rising oil and gas demand, and a renewed focus on energy security have driven the global oil and gas industry to refocus on frontier regions in pursuit of new discoveries ...
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Why NUPRC needs to release Frontier Exploration Fund
The Petroleum Industry Act was enacted to fix long-standing structural gaps in Nigeria’s oil and gas sector. Among its strongest innovations is the creation of the Frontier Exploration Fund — a ...
Mixed results in deepwater basins, including the Orphan Basin and Flemish Pass, have pushed operators to re-evaluate frontier exploration risk. With production from mature fields set to fall after ...
Canadian explorer ReconAfrica has spudded what will be a closely watched exploration well onshore Namibia in the frontier Kavango basin. The Kavango West-1X probe is the second to be drilled by the ...
The Oil and Gas Watchdogs Network has commended the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and its Chief Executive, Gbenga Komolafe, for what it described as the “transparent, ...
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