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Marginal Fields; 10 Things to Note in Asset Acquisition - Megathos Law Practice
Marginal Fields; 10 Things to Note in Asset Acquisition. 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 for 57 marginal oilfields in the count
The 2020 Marginal Field Bid Round (Bid Round) is making progress in Nigeria!
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 for 57 marginal oilfields in the country.
The Bid Round is a golden opportunity for discerning investors, who have been waiting since the last bid round, to gain entry into Nigeria's value laden oil and gas industry rife with over $48 Billion worth of opportunity.
However, with great opportunity often comes great risk, as investors in the oil and gas industry may need a bit of guidance as regards asset divestment and acquisition.
Thank Olufola for the Post!
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