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Nigeria to open bidding for 31 marginal oil fields next month

Nigeria will open a bidding round for 31 marginal oil fields to indigenous Nigerian companies next month, the oil minister said on Thursday. The competitive bidding process for fields that are too small to be of interest to oil majors is expected to take four months in total, Oil Minister Diezani Alison-Madueke said in a statement. "This exercise is geared towards opening up the oil and gas ...
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Added November 29, 2013
from Yahoo Nigerian News