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Fed Govt Bars Debtors From Bidding For Oil Fields

Fed Govt Bars Debtors From Bidding For Oil Fields     Companies, including their promoters, indebted to the Federal Government will not be allowed to participate in the newly launched bid round for marginal oilfields, the Department of Petroleum Resources has said. The DPR, in a document obtained...

FG Invites Investors To Bid For 57 Oil Fields

FG Invites Investors To Bid For 57 Oil Fields     The Federal Government, through the Department of Petroleum Resources, has put on offer 57 marginal fields for licensing as part of efforts to develop oil and gas discoveries that had been left unattended to for many...

FG’ll Offer Small Oil Fields For Licensing, Says NNPC

FG’ll Offer Small Oil Fields For Licensing, Says NNPC     The Federal Government will offer marginal oil fields for auction this year despite the crash in crude oil prices, the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, has said. The country has not...