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Nigeria/São Tomé: JDZ hopes for revival following Total entry
The Nigeria-São Tomé Joint Development Zone (JDZ) is hoping for a resurgence of interest after Total licensed blocks 7, 8 and 11 in March. Ibiwari Lorvde Jack, executive chairman, monitoring and inspection at the Joint Development Authority (JDA) administering the JDZ, said licensing terms had been revised and the JDA was seeking to promote the area’s potential at industry events. The JDA plans to launch a third licensing round for open acreage in Q4 2019 or Q1 2020, and there are also plans to delineate new blocks in the southern area of the JDZ.
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