Tag

COMMERCIAL BID ROUND

Energy

TotalEnergies, MRS, others win new oil blocks in FG’s first commercial bid round

The Federal Government has successfully concluded its first oil bid round under the Petroleum Industry Act (PIA) 2021, with several indigenous oil and gas companies emerging as winners of Petroleum Prospecting Licences (PPLs).

Olalekan Adigun · Dec 19, 2024 3 min