
Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026
- Year
- 2026
- Pages
- 13 pages
This Order establishes standard and supplementary production tax credits for qualifying deep offshore crude oil and non-associated gas project developments. It provides eligibility criteria, application requirements, conditions concerning activities performed in Nigeria, profit oil resets for eligible production sharing contract developments, ring-fencing for cost recovery…