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Nigeria Enhances Investment and Accelerates Local Company Participation with Marginal Field Opportunities

Nigeria Enhances Investment and Accelerates Local Company Participation with Marginal Field Opportunities
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Nigeria Enhances Investment and Accelerates Local Company Participation with Marginal Field Opportunities

Nigeria s DPR dishes out marginal field awards to local companies

Nigeria s DPR Register here for the Energy Voice daily newsletter, bringing you key news and insight from across the global energy landscape. Thank you for signing up to our newsletter. Something went wrong - please try again later. Sign Up Nigeria’s Department of Petroleum Resources (DPR) has completed the distribution of marginal fields to indigenous companies. DPR head Sarki Auwalu congratulated winners at a ceremony in Abuja. The official noted the importance of making progress in making progress. Nigeria held a similar process in 2003 but a number of companies never managed to reach production. “We expect [companies] to come up with a workable plan, which we will help them with as well. We know some of them are entering E&P, we will lend the experience of the DPR to make sure they achieve a return on investment,” Auwalu said.

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