The Federal Ministry of Petroleum, via the Department of Petroleum Resources (DPR), recently announced the commencement of the second Marginal Field licensing round. To this end, the DPR has recently issued guidelines outlining the steps interested participants are to follow from pre-qualification to selection. Please see our guide to the process – Marginal Fields 2013 – A brief guide.
The exercise which is aimed at encouraging participation of indigenous exploration and production companies in the Nigerian upstream sector kicks off with a series of Town hall sessions billed to take place on the following dates and at the following venues:
Lagos: December 3, 2013, 10 a.m. at Eko Hotel and suites, Victoria Island, Lagos;
Port Harcourt: December 5, 2013, 10 a.m. at Hotel Presidential, Port Harcourt;
Kaduna: December 10, 2013 10 a.m. at Crystal Garden Hotel; and
Abuja: December 12, 2013 10 a.m. at Nicon Luxury Hotel, Abuja.
We shall keep you updated on further developments.