{"id":9176,"date":"2020-09-21T08:04:06","date_gmt":"2020-09-21T08:04:06","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=9176"},"modified":"2020-09-21T08:04:06","modified_gmt":"2020-09-21T08:04:06","slug":"zenith-energy-submits-bid-in-nigerias-2020-marginal-field-round","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/zenith-energy-submits-bid-in-nigerias-2020-marginal-field-round\/","title":{"rendered":"Zenith Energy Submits Bid in Nigeria&#8217;s 2020 Marginal Field Round"},"content":{"rendered":"<p class=\"ch\"><span class=\"cb\">Zenith Energy has<span class=\"bx\"> announced that it has submitted a technical and commercial bid\u00a0 with the Nigerian Department of Petroleum Resources (DPR) for a marginal field in the 2020 Marginal Field Bid Round.<\/span><\/span><\/p>\n<p class=\"ch\"><span class=\"bv\">A total of 57 marginal fields comprising a selection of onshore, swamp and shallow offshore fields have been included in the Bid Round. The Company is participating in the Bid Round as technical and financial partner to a Nigerian registered oil and gas company. Submission of the Bid represents completion of the second stage of the Bid Round process, following the successful pre-qualification of Zenith and its local partner announced to the market on\u00a0August 20, 2020. \u00a0<\/span><\/p>\n<p class=\"ch\"><span class=\"bv\">The Company will provide further information as appropriate once the next stage of the Bid Round is concluded.<\/span><\/p>\n<p class=\"ci\"><span class=\"bu\">Andrea Cattaneo, Chief Executive Officer, commented:<\/span><\/p>\n<p class=\"cj\"><span class=\"bz\">&#8220;<\/span><span class=\"bs\">The Bid Round represents a very rare opportunity for Zenith to acquire a large,\u00a0underdeveloped, near-term production asset in\u00a0Nigeria. Indeed, the last opportunity of this kind was in 2003.\u00a0<\/span><span class=\"bq\">\u00a0<\/span><\/p>\n<p class=\"cj\"><span class=\"bq\">We have worked closely with our Nigerian partner to complete the necessary commercial and technical analysis required for submission of our Bid and in selecting the most compatible asset.<\/span><span class=\"bq\">\u00a0<\/span><\/p>\n<p class=\"cj\"><span class=\"bq\">In the event our Bid is accepted, we have already received positive indications from a number of pan-African financial institutions regarding obtaining the necessary financing to develop the asset and achieving commercial production.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Zenith Energy has announced that it has submitted a technical and commercial bid\u00a0 with the Nigerian Department of Petroleum Resources (DPR) for a marginal field in the 2020 Marginal Field &hellip; <a href=\"https:\/\/www.oilnewskenya.com\/index.php\/zenith-energy-submits-bid-in-nigerias-2020-marginal-field-round\/\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[8467,1749,7503,7518],"class_list":["post-9176","post","type-post","status-publish","format-standard","hentry","category-countries","category-top-news","category-west-africa","tag-2020-marginal-field-bid-round","tag-nigeria","tag-nigerian-department-of-petroleum-resources","tag-zenith-energy","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2o0","jetpack-related-posts":[{"id":8347,"url":"https:\/\/www.oilnewskenya.com\/index.php\/zenh-energy-to-participate-in-nigerias-2020-marginal-field-bid-round\/","url_meta":{"origin":9176,"position":0},"title":"Zenith Energy to Participate in Nigeria&#8217;s 2020 Marginal Field Bid Round","author":"","date":"June 16, 2020","format":false,"excerpt":"Zenith Energy has announced its participation, in the capacity of technical and financial partner to a Nigerian registered energy company, in the 2020 bid round for marginal oil and gas fields organised by the\u00a0Nigerian Department of Petroleum Resources (DPR).\u00a0 Overview regarding the 2020 Nigerian Marginal Fields Bidding Round \u00a0On\u00a0June 1,\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/zenith.png?fit=603%2C407&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/zenith.png?fit=603%2C407&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/zenith.png?fit=603%2C407&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":9152,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-adm-energy-submits-bid-in-nigerias-2020-marginal-field-round\/","url_meta":{"origin":9176,"position":1},"title":"NIGERIA: ADM Energy Submits Bid in Nigeria&#8217;s 2020 Marginal Field Round","author":"","date":"September 17, 2020","format":false,"excerpt":"Further to the announcement of 3 August 2020, ADM Energy has announced that it has formally submitted a bid with the Nigerian Department of Petroleum Resources (DPR) for a marginal field in the 2020 Marginal Field Bid Round. \u00a0A total of 57 marginal fields are available to participating companies covering\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8747,"url":"https:\/\/www.oilnewskenya.com\/index.php\/adm-energy-oilbank-pre-qualifies-in-bidding-for-nigerian-marginal-oil-fields\/","url_meta":{"origin":9176,"position":2},"title":"ADM Energy, OilBank Pre-qualifies in Bidding for Nigerian Marginal Oil Fields","author":"","date":"August 3, 2020","format":false,"excerpt":"ADM Energy has announced that it has successfully pre-qualified in the Nigerian Government's 2020 Marginal Field Bid Round. The Company is participating in the Bid Round as the exclusive technical partner of OilBank International Limited (OilBank), a Nigerian integrated oil and gas service management company. \u00a0\u00a0 The Nigerian Department of\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8250,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-opens-the-2020-marginal-field-bid-round\/","url_meta":{"origin":9176,"position":3},"title":"Nigeria Opens the 2020 Marginal Field Bid Round","author":"","date":"June 5, 2020","format":false,"excerpt":"The\u00a0Department of Petroleum Resources (DPR) Nigeria\u00a0has opened bids for the commencement of the\u00a02020 Marginal Field Bid Round for indigenous companies and investors interested in Exploration & Production business in Nigeria. Nigeria is offering a total of 57 fields located onshore, swamp and shallow offshore terrains in an exerciseto be conducted\u2026","rel":"","context":"In &quot;Top News&quot;","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Nigeria-2020-marginal-field-bid-round-1.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Nigeria-2020-marginal-field-bid-round-1.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Nigeria-2020-marginal-field-bid-round-1.jpg?resize=525%2C300 1.5x, https:\/\/i0.wp.com\/oilnewskenya.com\/wp-content\/uploads\/2020\/06\/Nigeria-2020-marginal-field-bid-round-1.jpg?resize=700%2C400 2x"},"classes":[]},{"id":8301,"url":"https:\/\/www.oilnewskenya.com\/index.php\/what-it-takes-to-get-a-marginal-oil-and-gas-field-in-nigeria\/","url_meta":{"origin":9176,"position":4},"title":"What it takes to get a Marginal Oil and Gas Field in Nigeria","author":"","date":"June 10, 2020","format":false,"excerpt":"Following its marginal fields licensing rounds in 2001 and 2013, the Nigerian Department of Petroleum Resources (DPR) recently released guidelines on the 2020 licensing round. Under the 2020 licencing round, a total of 57 fields located onshore, swamp, and shallow offshore terrains are on offer; while the ongoing Nigerian Marginal\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/nigeria-oil-gas.jpg?fit=563%2C431&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/nigeria-oil-gas.jpg?fit=563%2C431&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/06\/nigeria-oil-gas.jpg?fit=563%2C431&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":11475,"url":"https:\/\/www.oilnewskenya.com\/index.php\/nigeria-nuprc-moves-to-close-2020-marginal-oilfield-bid\/","url_meta":{"origin":9176,"position":5},"title":"NIGERIA: NUPRC Moves to Close 2020 Marginal Oilfield Bid","author":"","date":"January 1, 2022","format":false,"excerpt":"The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced plans to close out the 2020 marginal field bid round programme in line with the Petroleum Industry Act 2021 (PIA). This follows the successful completion of the marginal oilfield bid earlier in the year and the issuance of award letters to\u2026","rel":"","context":"In &quot;Countries&quot;","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/nigeria-marginal-oil-fields-PGS.jpg?fit=860%2C608&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9176","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=9176"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9176\/revisions"}],"predecessor-version":[{"id":9177,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/9176\/revisions\/9177"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=9176"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=9176"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=9176"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}