Nigeria’s oil marginal fields licensing round looks all set – to go nowhere

Nigeria’s oil marginal fields licensing round looks all set – to go nowhere

Contrary to indications given by the Ministry of Petroleum Resources and the Department of Petroleum Resources, (DPR) that the oil licensing rounds for marginal oil fields would commence soon, the horizon does not look promising. Meanwhile, Norway’s licensing round for its mature offshore areas, proposed last year, has attracted bids from 39 companies, up from…

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