Nigeria commences licensing round for 57 oilfields

Published by Nicholas Woodroof, Editor
Oilfield Technology, Tuesday, 02 June 2020 11:00

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.

Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/02062020/nigeria-commences-licensing-round-for-57-oilfields/

Velesto secures PTTEP drilling contract for NAGA 5 in 2025-26 campaign

Tuesday 01 July 2025 11:00

Under the contract, Velesto will assign NAGA 5, one of its premium jack-up rigs, to drill a firm 15 wells with operations scheduled to commence in June 2025.

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