More than 13 years after the award of the first marginal fields’ Oil Mining Leases, OML, and the subsequent award of a total of 30 OMLs, marginal oil fields are yet to make any significant impact in ...

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the Federal Government will cancel about 97 marginal field awards, due to the awardees’ inability to begin crude oil ...

Nigeria’s Department of Petroleum Resources (“DPR”) announced on 1 June 2020 the launch of a new marginal field bid round. Fifty-seven marginal fields have been made available, being a mix of onshore, ...

Ten years after the commencement of the marginal fields programme, the objectives of the federal government concerning the programme are yet to be met. This is because marginal fields’ operators are ...

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said 33 awardees failed to make signature bonuses payments for the 2020 Marginal field bid round within the stipulated time. The ...

Almost four months after the Department of Petroleum Resources (DPR) opened bid for marginal oil fields, bidders continue to wait for Godot as the process grinds at snail speed, LUCAS AJANAKU reports.

After going through teething problems to entrench transparency in the award of marginal fields to qualified indigenous oil and gas operators, the Nigerian Upstream Petroleum Regulatory Commission ...

LAGOS, June 1 (Reuters) - Nigeria has launched its first licensing round for marginal oilfields in nearly 20 years, the Department of Petroleum Resources (DPR) said on Monday, despite court rulings ...

Federal Government may have raked at least N2tn from the 2020/2021 marginal oil field bid rounds, according to findings by our correspondent. In the Nigerian context, marginal fields include fields ...

After a flurry of board appointments and a cornerstone deal to secure backing from Trafigura, the London-based explorer reaches out for the last piece of the puzzle London-based explorer ADM Energy ...

Sources at the Indian Directorate General of Hydrocarbons (DGH) told Upstream that the regulator is accumulating data covering the marginal fields, which could be offered through a separate auction ...

Nigerian energy-industry leaders have been reminiscing lately about the country’s earliest efforts to develop marginal oil and gas fields. That’s because after nearly two decades, Nigeria recently ...