Nigeria - 1969 - Energy

Petroleum Act

Ministry of Petroleum Resources, Nigeria

This is an Act to provide for the exploration of petroleum from the territorial waters and the continental shelf of Nigeria. The Act vests the ownership of, and all onshore and off-shore revenue from petroleum resources derivable therefrom to the Federal Government.

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Petroleum Act Current Version

January 2022

This is an Act to provide for the exploration of petroleum from the territorial waters and the continental shelf of Nigeria. The Act vests the ownership of, and all onshore and off-shore revenue from petroleum resources derivable therefrom to the Federal Government.

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