THIS DAY Some marginal fields’ operators have kicked against the revocation of 11 oil field licences by the Department of Petroleum Resources (DPR) under the guise that the affected fields had been left fallow, stressing that the action of the…
NAIRAMETRICS The Department of Petroleum Resources (DPR) has announced that it has shortlisted 161 successful companies to advance to the next and final stage of the bid round process for 57 marginal oilfields in the country. While making the disclosure…
VANGUARD PAN-Niger Delta Forum, PANDEF, the apex socio-cultural organisation of the South-South geo-political zone, yesterday, threw its weight behind oil and gas producing communities in Itsekiri, Ijaw and Urhobo ethnic nationalities, Delta State, demanding development from the Federal Government. National…
THISDAY Industry players have expressed concerns about the transparency and credibility of the 2020 marginal fields’ bid round process being handled by the Department of Petroleum Resources (DPR), Nigeria’s oil and gas regulatory agency. It was gathered that the federal…
A Call to Stop the Irresponsible Auctioning and Exploitation of the Resources of the Niger Delta and Reckless Destruction of the Environment and Ecosystem by the Federal Government. The Ijaw people of the Niger Delta have watched helplessly in the…
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 by correspondent, said…
BUSINESS DAY The Federal government has approved guidelines given to potential investors willing to participate in the 2020 Marginal Fields bid round, a development which is expected to help solve Nigeria’s current revenue challenges. The timeline for the 2020 Marginal…