27.1 C
Lagos
Saturday, October 24, 2020
- Advertisement -

DPR Extends Oilfield Bid Deadline Date

Opinion

We Must Get Children Back to Learning – But Business As Usual is Not an Option By Jutta Urpilainen and Henrietta Fore

A global joint op-ed by the EU and UNICEF on education for children “One child, one teacher, one book,...

Subjecting Anti-SARS Agitation to Political Interpretation is Jejune Partisan Stimulus By Chris Okotie

Chairman Mao once posited that if the people no longer fear your power, it is because another power is on its way....

Deja Vu – In Tragic Vein By Wole Soyinka

I arrived home from external commitments just over a week ago to an extraordinary homecoming gift. It took the form of a...

Farewell to a Pioneering African Bard By Adekeye Adebajo

John Pepper Clark-Bekederemo, the Nigerian poet and playwright and a pioneering post-independence writer, died on October 13 at the age of 85....

Nigeria’s Department of Petroleum Resources (DPR) has extended the deadline for companies interested in bidding for marginal oil fields. The deadline was moved by a week.

The DPR had earlier announced that it would a bid for marginal oil fields, the first in twenty years, on June 1, 2020. The agency had initially set June 14 as the deadline for the application but it has now shifted the date to June 21.

While the DPR did not give a reason for the extension, oil industry insiders say that the extension might be connected to a slew of lawsuits filed in local courts by several companies seeking to stop the DPR from holding the bid.

- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisement -

Business Profiles

Mark Oguh

Mark has 22 years experience in the Banking industry covering Operations, Audit and Financial Control. He is also a...

Aina Amah

Aina Amah is a graduate of Economics from the University of Lagos and an MBA from the University of Nicosia, Cyprus. She...

Uyi Osagie

Uyi Osagie is the Chief Financial Officer of Allianz Nigeria. He joined Allianz as Financial Controller from 2014 and rose through the...

Usen Udoh

Usen Udoh is the Group Chief Human Resources Officer of the Dangote Group where he oversees a team of busines unit human...

Eric Idiahi

Eric Idiahi is a financier and venture-capitalist. He is Partner and co-founder of Verod Capital Management Limited, a $300 million Africa-focused private...