San Leon Energy has signed a deal with Decklar Petroleum to finance the development of the Oza marginal field, in Nigeria.
Nigeria-focused San Leon Energy will stump up $15 million as a loan to secure the completion of the Alternative Crude Oil Evacuation System (ACOES), for exports from its OML 18.
Nigeria’s federal government launched its long-awaited marginal field bid round on June 1, a welcome development but one that faces serious challenges, writes Mariah Lucciano-Gabriel, the head of commercial and business development at Asharami Energy.
Zenith Energy plans to partner with a local company in Nigeria’s marginal field bid round.
Nigeria has officially launched a marginal field bid round, with the Department of Petroleum Resources (DPR) saying 57 fields are available.
Nigeria’s Department of Petroleum Resources (DPR) has denied reports that a new set of guidelines has been issued for marginal fields.