Olaniwun Ajayi LP

July 24, 2025

Upstream-Acreage-Management-Relinquishment-Under-the-Petroleum-Industry-Act-2021

Upstream Acreage Management Relinquishment Under the Petroleum Industry Act 2021

The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....

August 24, 2021

The Petroleum Industry Act 2021 – Key Highlights

On August 16, 2021, the much awaited Petroleum Industry Act (PIA or the Act) 2021 was finally signed into law by President Muhammadu Buhari. It introduces various changes to the...

July 24, 2025

Upstream-Acreage-Management-Relinquishment-Under-the-Petroleum-Industry-Act-2021

Upstream Acreage Management Relinquishment Under the Petroleum Industry Act 2021

The Petroleum Industry Act 2021 (the PIA) introduces a more structured framework for the relinquishment of petroleum acreages, moving beyond the limited guidance of its predecessor, the Petroleum Act 1969....

August 24, 2021

The Petroleum Industry Act 2021 – Key Highlights

On August 16, 2021, the much awaited Petroleum Industry Act (PIA or the Act) 2021 was finally signed into law by President Muhammadu Buhari. It introduces various changes to the...