FG earns N174bn from 2020 marginal oil field bid round
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said on Thursday that it generated about N174bn from the 2020 marginal oil field bid round.
Speaking during a meeting with…
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marginal oil field
Marginal oil field bid offers opportunity to build fiscal buffer – Experts
The government's consideration of selling marginal oil field licences amid dwindling revenue and the ravaging coronavirus pandemic could be a late decision, according to oil sector…
As oil income fall, Nigeria considers selling marginal oil field licenses
The Federal Government of Nigeria is holding a bid round for marginal fields in a few weeks’ time which is expected to help raise capital and shore up fallen oil income.
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‘Thorough due diligence, essential for prospecting marginal field license’
Interested stakeholders that want to participate in the proposed marginal fields bid round to be organised by the Federal Government have been advised on how they could become …