NUPRC advances offshore exploration with new seismic licence

The Nigerian Upstream Petroleum Regulatory Commission has signed a Petroleum Exploration Licence No. 5 agreement with SeaSeis Geophysical Limited, authorising the company, in partnership with the commission and TGS, to undertake the acquisition and processing of new 3D seismic and gravity data.

The three-year deal, signed at the commission’s headquarters in Abuja on Tuesday, is expected to deepen subsurface understanding across a vast offshore acreage and provide high-quality data to guide future exploration and investment decisions.