161 companies shortlisted for final stage of marginal oilfield bid

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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

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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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