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MARGINAL OIL FIELD
The Federal Government has hinted of plans to cancel most of the licenses granted to marginal oil field operators in 2023 which have remained non-operational.
The DPR’s approach is akin to eating your broth while it is cooking and then burning your tongue in the process, rather than waiting till it is cooked.
The Director said Nigeria’s last bid round for the marginal fields was in 2003.