Publication: Unitisation in the Oil and Gas Industry in Nigeria: New Regulations
Publication: Unitisation in the Oil and Gas Industry in Nigeria: New Regulations
Unitisation has long been a critical strategy for optimizing resource extraction in the oil and gas industry. In Nigeria, with its vast and diverse hydrocarbon deposits, the significance of unitisation cannot be overstated. However, recent regulatory changes have introduced a new legal framework aimed at improving efficiency, enhancing collaboration among stakeholders, and addressing disputes that often arise in multi-licence developments.
In this Article, our Associates -Samuel Dunmade andUchenna Ezeaguexplore the implications of the new regulations on unitisation in Nigeria`s oil and gas industry, examining what they mean for the operators, regulators, and the broader quest for sustainable development in the sector.
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