Oil & Gas

Sigmund Oil, Emadeb Energy, Casiva Ltd, Duchess Energy, Duport Midstream, Shafa, others get marginal oil fields By Eyo Nsima Indigenous oil firms, Sigmund Oil, Emadeb Energy, Casiva Ltd, Duchess Energy, Duport Midstream, A.A. Rano, Shafa Exploration, Matrix Energy, and Vhelblerg Exploration, have received their marginal oil fields letters from the Department of Petroleum Resources. Presenting

BREAKING: DPR, Nigeria’s oil industry regulator presents Marginal fields award letters to investors in Abuja By Eyo Nsima The Department of Petroleum Resources (DPR), Marginal fields award presentation event has started in Abuja, Nigeria. According to the Director/ CEO, DPR, Engr. Sarki Auwalu, only successful investors, who will be receiving their award letters are companies

The Department of Petroleum Resources (DPR), yesterday, announced that it had concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme. In a statement signed by the Head, Public Affairs of the organisation, Mr. Paul Osu, it noted that the award ceremony has now been officially scheduled to

By Eyo Nsima The Department of Petroleum Resources (DPR) has stated that the country needs over $2 billion monthly revenue to remain sustainable as a nation. The Director, DPR, Sarki Auwalu, warned that without this monthly income, the economy would be in doldrums as over 70 per cent of the $2 billion is presently being

The Federal Government has said it is expecting most of the marginal fields, which investors bid for in the recently concluded bid round, will achieve first oil starting from next year. The Director/Chief Executive Officer, Department of Petroleum Resources, Mr Sarki Auwalu, said this on Wednesday during a strategic engagement session in Lagos with the