JUN 2020 NEWS OGHOGHO MAKINDE, OLAGOKE KUYE AND
The Department of Petroleum Resources (“DPR”) has announced the commencement of the 2020 Marginal Field Bid Round Exercise with a total of fifty-seven fields located on land, swamp and shallow offshore terrains open for offers.
This bid round exercise is open to all indigenous companies and investors interested in participating in exploration and production business in Nigeria and will be conducted electronically via the DPR portal marginal.dpr.gov.ng.
Interested parties are advised to visit the DPR portal to access the guidelines for the awards of marginal fields in Nigeria and the requirements for participating in the bid exercise.
A copy of DPR’s publication on the bid round exercise is available here.