Tag: Marginal Oil Fields
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NUPRC opens bid for 17 marginal oil fields
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said it has begun the conduct of a fresh bid round for marginal oil fields in Nigeria.
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Reps quiz NUPRC over dwindling revenue in signature bonuses
The House of Representatives on Monday quizzed the management of Nigerian Upstream Petroleum Regulatory Commission (NUPRC) over dwindling revenues accruing from Signature Bonuses.
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Marginal oil fields: Another goldmine ebbing away
By Kolade Omotoso For so long as Nigeria had crude oil as the mainstay of her economy, how well has it served Nigeria since discovery? Not so well as corruption and sabotage have seen the country and its citizens wallowing in abject poverty, infrastructural deficit and wanton corruption. In a bid to harness the full…
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57 marginal oil fields: Isoko threatens to shut down fields, gives FG ultimatum
…supports Urhobo, Ijaw, Itsekiri …condemns marginalization of indigenes …says it is injustice taken too far The Isoko Development Union, IDU, the umbrella body of all Isoko citizens has threatened to shut down 57 marginal oil fields in Delta State its citizens are not part of the bidding process. The group joined voice with its Urhobo,…
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DPR moves on to next phase of 57 marginal oilfields bid rounds
From receiving applications, the Department of Petroleum Resources (DPR) said the stage is now set to move on to the next stage of the of 2020 marginal oilfields bid rounds, which is the phase to do pre-qualification for the bidders. The Director of DPR, Mr Auwalu Sarki, while speaking on Tuesday in a television programme…
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FG maintains silence as controversies trail 2020 marginal oil fields bid rounds
The federal government has so far maintained deafening silence, failing to address issues that have propped up since the Department of Petroleum Resources (DPR) announced the commencement of the 2020 marginal oil fields bid rounds. TheNewsGuru.com (TNG) reports the flag-off of the 2020 marginal oil fields bid rounds comes amidst the Nigeria’s poor financial situation,…
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57 marginal fields: Group threatens to cripple oil operations in Itsekiri land
The Itsekiri ethnic nationality in Delta State has decried what it called its marginalisation in the current bidding process for the 57 Marginal Fields by the Department of Petroleum Resources (DPR). They expressed their grievance in Ode-Ugborodo, Escravos, Warri South-West Local Government Area (LGA), of Delta, in a statement, after a peaceful protest on Monday.…