Remove 2016 Remove Exploration and Production Remove Field
article thumbnail

Nigeria Oil Industry Overview

Drillers

Recently, the Nigerian government demanded more than $60 billion in back royalties under a production sharing agreement with the supermajors operating in the country. History of oil in Nigeria Oil was first discovered in Nigeria in the mid-1950s after decades of fruitless exploration. How did this happen? Exxon comes next: the U.S.

Oil 52
article thumbnail

New Government Contractor “Blacklisting” Reporting Requirements Put on Hold

The Energy Law

These requirements were to be implemented over the course of a year, with the most onerous and controversial condition – mandatory disclosure of labor law compliance – to go into effect on Tuesday, October 25, 2016. For more information please contact Tommy McGoey , Kindall James , or Jackie Hickman at Liskow & Lewis.