161 companies shortlisted for final stage of marginal oilfield bid

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The Department of Petroleum Resources (DPR) says 161 successful companies have been shortlisted to advance to the next and final stage of the bid round process

Mr Paul Osu, Head, Public Affairs, DPR, told the News Agency of Nigeria on Thursday in Lagos that the firms were selected from the over 600 companies which applied for pre-qualification.Marginal field is any field that has reserves booked and reported annually to the DPR and has remained unproduced for a period of over 10 years.

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