Reply to thread

Message: [QUOTE="Munyaradzi Mafaro, post: 75034, member: 636"] A UK energy watchdog threw some praise at Nigeria's oil regulator after they dropped a new licensing portal that lets companies bid on 50 different blocks spread across offshore zones and frontier areas. The group said Gbenga Komolafe, running the upstream commission, basically cracked open the whole process by putting everything online at [ICODE]br2025.nuprc.gov.ng[/ICODE], where people can see exactly how bids get judged and who wins what. The transparency outfit from London pointed out that full digitization cuts down on shady backroom deals that used to mess with investor confidence. They called the move a blueprint for other African countries trying to pull serious money into their oil sectors, and they want the commission to keep publishing contract details after companies actually win their licenses. [/QUOTE]