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Nigeria commences licensing round for 57 oilfields

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Oilfield Technology,

Nigeria's Department of Petroleum Resources has announced the launch of its 2020 Marginal Field Bid Round.

A total of 57 oilfields, located onshore and in shallow offshore areas are on offer to "indigenous companies and investors interested in participating in Exploration and Production (E&P) business in Nigeria."

The licensing round will be conducted online.

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