Marginal field operators will grow Nigeria's oil if supported | The Guardian Nigeria News - Nigeria and World NewsBusiness — The Guardian Nigeria News – Nigeria and World News
The Nigerian government introduced the marginal field development programme in 1996 to help grow the country’s oil and gas production by divesting the majors of dormant discoveries and making the same available to indigenous operators who are nimble enough to venture into neglected terrains. The programme has seen Shell, Total, Agip, Chevron and others surrender fields that are then allocated to marginal field operators in bid rounds. A corollary to the programme is the development of local content in the oil and gas industry, and it is no coincidence that the Nigerian Content Act cam...
Source: guardian.ng