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Operators May Generate N4.37trn From Marginal Oil Fields

Operators May Generate N4.37trn From Marginal Oil Fields   Operators of the new marginal oil fields are expected to earn significant revenue from the fields. Proposed crude oil exploration from 57 marginal oil fields is expected to boost Nigeria’s oil production by at least 8.835 million barrels...

Fed Govt Earns N174bn From Marginal Oil Fields Lease

Fed Govt Earns N174bn From Marginal Oil Fields Lease   At least N174 billion was raked in by the federal government from the payment for the 2020 marginal oil fields, the Commission Chief Executive (CCE) of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) Engr Gbenga Komolafe, has...

More Than 600 Firms Bid For 57 Marginal Oil Fields – FG

More Than 600 Firms Bid For 57 Marginal Oil Fields – FG   The Department of Petroleum Resources said on Wednesday that over 600 companies had applied to bid for 57 marginal oil fields made available by the Federal Government. The DPR had announced early last month...