oil exploration
BREAKING: Qualified bidders emerge in 2022/2023 oil licensing
Sifax and Royalgate Consortium and Oceangate Engineering Oil and Gas Limited have emerged as winners in the ongoing 2022/2023 oil mini-bid round.
Both firms won the bids for PPL 300-DO and PPL 302-DO respectively having emerged as the sole bidders in their categories.
For PPL 303-DO, two bidders, MRS Oil and Gas Company Limited and NNPC Exploration and Production Limited qualified. It was a tie bid.
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In PPL 304-DO, Homeland Integrated Offshore Services Limited edged out Sifax and Royalgate Consortium to emerge the winner. Hamilcar Oil and Gas Consortium won the bid for PPL 305-DO ahead of NNPC E&P.
BISWAL Oil and Gas Limited won in the PPL 306-DO bid, beating NNPC E&P Limited.
The tie bid in the PPL 303-DO is currently being rebidded in line with the rules governing a tie bid.
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