DPR Archives - Page 2 of 2

15th October 2020

Nigeria to Reach 40 Billion Barrels Oil Condensate Reserve by 2025

The Director of Nigeria's Department of Petroleum Resources, DPR, Sarki Auwalu, said he is optimistic that Nigeria will reach the target of 40 billion barrels oil condensate reserve by 2025....

3rd October 2020

Chevron to Reduce its Workforce in Nigeria by 25%

Chevron Nigeria Limited has announced that is cutting its workforce by 25% as a result of the prevailing business climate caused by the COVID-19 pandemic which has led to low...

19th September 2020

Nigeria: Zenith Energy Submits Bid for Marginal Field to DPR

After announcing last month that it had successfully pre-qualified for Nigeria's Marginal oilfield bid round , Zenith Energy has announced it has officially submitted a technical and commercial bid with...

22nd July 2020

Nigeria: DPR issues Pre-qualification Notice to Successful Companies in the Ongoing Bid Rounds

The Department of Petroleum Resources (DPR) has reportedly issued a pre-qualification notice to companies that were successful in their application for the ongoing Marginal Fields Bid Rounds on 57 marginal...

9th July 2020

Nigeria: DPR Announces it has Received Over 600 bids for the Ongoing Bid Rounds of Marginal Oilfields

The Department of Petroleum Resources (DPR) in Nigeria has announced that over 600 companies have already applied to be prequalified for the ongoing bid rounds of the marginal oilfields in...

2nd July 2020

Nigeria: DPR Announces Change in Marginal Field allocation, PPPRA Announces New Fuel Price for July

Nigeria's Department of Petroleum Resources has announced a change in the manner that marginal oilfields will be allocated, to avoid a reoccurrence of legal problems that arose in a previous bidding round....

27th June 2020

Shell Nigeria Evacuates Workers at Bonga oil field over fear of COVID-19 Outbreak

The operator of the offshore Bonga oil field in Nigeria, Shell, is said to have evacuated workers from the field due to an outbreak of COVID-19. The Department of Petroleum...

13th June 2020

Most Nigerian Filling Stations Complying with New Fuel Prices – DPR

The Nigerian Department of Petroleum Resources (DPR) disclosed on Wednesday that at least 94 percent of retail fuel stations across the country were complying with the new PMS price of...

3rd June 2020

Nigeria Commences 2020 Marginal Fields Bid Round for 57 Fields

Nigeria's Department of Petroleum Resources (DPR) has announced the commencement of its 2020 Marginal Field Bid Round exercise, with a total of 57 fields located on land, swamp, and shallow offshore...