Nigeria's leading finance and market intelligence news report.

Expert highlights challenges facing 57 marginal oil field bidders

About 600 bidders have emerged for the 57 marginal oil fields put up by Nigeria but a Niger Delta-based oil management expert, Leesi Gborogbosi, has placed caution at their disposal and explained the cost profile of a bid. The last time Nigeria carried out such a bid was about 20 years ago, according to insiders….

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