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.