A proposed law to force indigenous and foreign oil companies to set aside a certain percentage of their training budgets to fund operations of the Petroleum Technology Development Fund (PTDF) is generating concerns among stakeholders in the industry. PTDF is the government agency dedicated to manpower development through research and training in relevant oil and gas fields. Its major source … Read More
Regulatory Conflicts, others Frustrating Marginal Field Operations — Experts
Experts in the oil and gas industry have identified multiple regulatory authorities of the Federal Government and incessant risk emanating from host communities, as key factors inhibiting successful operation of marginal fields’ companies especially indigenous companies. Consequently, they have canvassed the need for government to align its various policies to avoid regulatory conflicts by its agencies which frustrates the operations … Read More