Petroleum: PIAC tells govt to develop a framework to improve investment in existing producing fields

However, PIAC reiterates its call on the government, through the Petroleum Commission, to develop a framework to improve investment in existing producing fields, particularly the Tweneboa Enyenra Ntomme (TEN) Oil Field, where production has underperformed initial projections, improve the existing regulatory and fiscal frameworks, and improve data acquisition in new basins.