NUPRC, SeaSeis signs offshore exploration deal to boost Nigeria’s oil prospects

By Seun Ibiyemi The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has signed a Petroleum Exploration Licence (PEL) No. 5 agreement with SeaSeisGeophysical Limited to advance offshore oil exploration and strengthen Nigeria’s hydrocarbon resource base. The agreement, executed in Abuja, authorises SeaSeis, in partnership with TGS, to acquire and process new 3D seismic and gravity data…

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