West Africa

Nigerian Marginal Fields: New Bid Round and New Guidelines

Nigeria’s Department of Petroleum Resources (“DPR”) announced on 1 June 2020 the launch of a new marginal field bid round. Fifty-seven marginal fields have been made available, being a mix of onshore, swamp and shallow-offshore fields. The DPR also released new guidelines covering the bid process, the award and farm-out of marginal fields and their operation (“Guidelines”). We consider the ...

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Nigeria’s revenue burden to ease off as DPR announces bids for marginal oilfields

Federal High court in Lagos against the FG on the revocation of 2 oil field licenses, DPR has gone ahead to announce its first licensing round Despite the restraining order by the Federal High court in Lagos against the federal government on the revocation of 2 oil field licenses, the Department of Petroleum Resources (DPR), has gone ahead to announce ...

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CBL Concludes Competitive Procurement Process for Printing of Liberian Dollar Banknotes

MONROVIA – 5 May 2020: The Central Bank of Liberia (‘CBL’) is pleased to announce that it has completed a competitive bidding process for the printing of additional Liberian dollar banknotes aimed at providing the public increased access to Liberian Dollars. Using enhanced procedures consistent with international best practices, the CBL reviewed the proposals submitted in response to a Request ...

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Nigeria invites EOIs for 10-MWp solar project

Solar panels. Author: David Goehring. License: Creative Commons, Attribution 2.0 Generic May 18 (Renewables Now) – The Nigeria Sovereign Investment Authority (NSIA) launched the Expressions of Interest (EOI) stage of a competitive process through which it will award the construction of a 10-MWp solar park in Kano State. Both local and international parties that are interested in participating can submit ...

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Liberia: Central Bank Ends Bidding for Printing of New LD Banknotes

NEW PRINTING SEALED: Using enhanced procedures consistent with international best practices, the CBL says it has reviewed the proposals submitted in response to a Request for Proposals (RFP), and selected the most competitive bid (Crane AB), based on cost and delivery time. As a result, the CBL intends to enter into a contract with Crane AB (“Crane”) for the printing and delivery of 4 billion Liberian ...

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