NUPRC - Enquiry Management System - WHO IS ELIGIBLE TO BID FOR A PETROLEUM PROSPECTING LICENCE? : Ideas forum

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New Suggested 5/22/2024 by Jide Ipadeola

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WHO IS ELIGIBLE TO BID FOR A PETROLEUM PROSPECTING LICENCE?

Theexerciseisopenandnon-discriminatory tobothlocalandforeign companies.Meaningthattoparticipate inthelicencinground, companiesdonotneedtoregisterinNigeriaundertheCompaniesand AlliedMatterAct(CAMA).However,aPPLshallonlybeawarded to companies dulyregisteredinNigeriaundertheCAMAasstipulated underthePIA.Anapplicantmayparticipate inthebiddingprocess eitherasanindividualcompanyorasamemberofaConsortium.