Fiscal Incentives for Deepwater & Midstream Developments
Nigeria’s President recently announced a number of fiscal incentives and administrative changes aimed at improving the competitiveness of the oil and gas industry in Nigeria and making Nigeria a more attractive destination for global oil and gas investments relative to...
The Expatriate Employment Levy: New Rules for Sponsoring Foreign Skilled Workers in Nigeria
The latest policy of the Nigerian government impacting the sponsorship of skilled foreign workers for employment in Nigeria is a new annual expatriate employment levy of up to $15,000 payable by Nigerian companies for each skilled foreign worker (the “Levy”)....
Nigeria’s Carbon Market Activation Plan
Nigeria is making concerted efforts to grow its carbon market. This policy update highlights some of the recent policy developments in Nigeria's carbon market.
Nigeria’s Gas Flare Commercialization Program – Some Market Entry Considerations
Nigeria has finalised plans to commercialise all the associated gas flared by its exploration and production operators (Producers). The way it will do this is to first assert and then, exercise ownership rights over all associated gas flared by Producers...