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Nigeria Starts of 2020 Marginal Field Bid Round

Source: www.gulfoilandgas.com 6/1/2020, Location: Africa

Nigeria's Department of Petroleum Resources (DPR) has announced the commencement of the 2020 Marginal Field Bid Round. The bid round is open to indigenous companies and investors interested in Exploration & Production business in Nigeria.

A total of 57 fields located on land, swamp and shallow offshore terrains are on offer. The exercise, which will be conducted electronically, will include Expression of Interest/ Registration, Pre-qualification, Technical and Commercial bid submission and bid evaluation.

Interested parties are invited to visit the DPR dedicated portal - marginal.dpr.gov.ng - to access the Guidelines for the Award and Operations of Marginal Fields in Nigeria 2020, and the requirements for participation.

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