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inactive oil wells
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Nigeria FG to Push Oil Firms to Activate Inactive Wells or Relinquish Assets
The Nigerian government is set to enforce the drill-or-drop rule from the Petroleum Industry Act, requiring oil companies to either start production or relinquish inactive wells. Minister Heineken Lokpobiri emphasized the need for increased investment in the sector to improve production and...- Nigeria News
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- 1 min read
- drill-or-drop policy heineken lokpobiri inactive oil wells nigerian oil industry petroleum industry act
- Category: Business
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