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MARGINAL OIL FIELDS
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced the initiation of a new bid round for marginal oil fields in Nigeria in 2024.
This follows a frustrating two-year process and multiple court cases which earlier restrained the FG from offering licenses to winners of marginal oil fields.
As the Nigerian government considers holding a bid round for marginal fields, we thought to highlight 10 things...