In a bid to promote stakeholder engagement in the oil & gas sector, Kenna Partners, a leading law firm in Nigeria,\u00a0recently hosted\u00a0stakeholders in the industry at an interactive\u00a0executive breakfast session in Lagos.<\/p>\n
Themed, \u201cEmerging Issues Under the Petroleum Industry Act 2021,\u201d the session served as a veritable platform for operators and regulators to share perspectives on the Act and chart a sustainable path for the industry.<\/p>\n
In his opening remark, the firm\u2019s Senior Partner, Prof. Fabian Ajogwu, SAN,\u00a0commended the\u00a0federal\u00a0government for enacting the Petroleum Industry Act (PIA)\u00a0after decades of calls for an updated legislation for\u00a0Nigerian\u00a0oil\u00a0&\u00a0gas industry.<\/p>\n
He spoke about the innovations of the recently enacted PIA and how important it was to have a session where stakeholders and\u00a0regulators in the\u00a0industry can discuss the practical issues arising\u00a0from\u00a0the implementation of the\u00a0novel Act.<\/p>\n
According to Jo-Madugu: \u201cthe only way\u00a0conclusive way forward is an amendment of the\u00a0legislation\u00a0or a judicial review. Pending\u00a0either of\u00a0these,\u00a0directives by the President\u00a0or a committee\u00a0in the Senate, are\u00a0arguably persuasive at best\u201d.<\/p>\n
On the part of the regulators, the Director at the National Oil and Gas Excellence Centre of the NUPRC, Abel Isa, elaborated on the duties and key focus areas of the commission.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a bid to promote stakeholder engagement in the oil & gas sector, Kenna Partners, a leading law firm in Nigeria,\u00a0recently hosted\u00a0stakeholders in the industry at an interactive\u00a0executive breakfast session in Lagos. Themed, \u201cEmerging Issues Under the Petroleum Industry Act 2021,\u201d the session served as a veritable platform for operators and regulators to share perspectives […]<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[],"tags":[],"class_list":["post-80952","post","type-post","status-publish","format-standard"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t