The guideline clarifies the process of bidding in offshore block releases and will impact all explorers and producers which intend to bid on future acreage.
THE National Offshore Petroleum Titles Administrator (NOPTA) has released its updated Offshore Petroleum Exploration Guideline for Work Bids.
The guideline clarifies the process of bidding in offshore block releases and will impact all explorers and producers which intend to bid on future acreage.