The Federal Government of Nigeria, through the Department of Petroleum Resources (DPR) in order to accommodate more prospective bidders for the marginal oilfields, has extended the bids
by two (2) weeks.
The deadline for the bid was earlier set for June 14,2020,but it is now extended to close on June 21,2020.
It is instructive to note that this is the first marginal field award round by DPR eighteen (18) years after the first one was conducted in 2002.The bid round exercise is open to indigenous companies and
investors that are interested in participating in exploration and production business in Nigeria. It comprises of fifty-seven (57) fields that are located on land, swamp and shallow offshore terrains.
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