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Nigeria's DPR dishes out marginal field awards to local companies


Nigeria s DPR
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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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Press focuses on mixed reactions to ban on open grazing in southern Nigeria, others


Press focuses on mixed reactions to ban on open grazing in southern Nigeria, others
Nigeria-Press-Review
May 13, 2021
to
09:08
291
APA – Lagos (Nigeria)
The divergent reactions to the ban on open cattle grazing in the entire 17 southern states of Nigeria by the Forum of Southern Governors and the call for prayers by President Buhari to overcome the myriad of problems facing Nigeria are some of the leading stories in Nigerian newspapers on Thursday.
The Guardian reports that divergent reactions continue to trail Tuesday’s call by the Forum of Southern Governors to ban open cattle grazing in the entire 17 southern states of the country. ....

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NNPC Picks 16 Companies for New Crude Oil-swap Deal


By Emmanuel Addeh in Abuja with agency report
The Nigerian National Petroleum Corporation (NNPC) has picked 16 consortia for its new crude-for-fuel swap contracts for one year starting in August.
A report yesterday by Reuters listed the consortia to include major Swiss trading firms, Trafigura, Vitol and Mercuria, oil major Total as well as large Nigerian traders, Sahara Energy, Oando and MRS Oil.
Other companies which qualified for the contracts, according to a list sighted by THISDAY include: AY Mai Kifi, based in Kano; Litasco, a South African firm; Bono Energy, Lagos; Duke Oil, an NNPC subsidiary; Eyrie Energy, based in Abuja; Asian Energy Services; Prudent; BP and Mocoh. ....

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