DPR to issue award letters to marginal field investors May 31

30 May DPR to issue award letters to marginal field investors May 31

The Department of Petroleum Resources (DPR) says it has concluded arrangements to issue award letters to successful investors in the 2020 marginal field bid round programme at an award ceremony scheduled to hold in Abuja on May 31.

Paul Osu, Head, Public Affairs, DPR, said the successful investors who would be receiving their award letters were companies that had fully satisfied all requirements listed in the marginal field bid round guidelines.

He said this included full payment of signature bonuses within the specified time frame. Over 600 companies had applied to be pre-qualified for the bid rounds which began on June 1, 2020. (NAN)