Winners have emerged in the ongoing 2024 oil licensing bid round, held at the Eko Hotel in Lagos.
In the PPL 269 bid, Petroli Energy Marketing and Supply Limited outperformed Afagaf Company Limited to secure the license. Sahara Deepwater Resources Limited clinched the PPL 270 license, defeating AMG Exploration and Production Limited, and also won the PPL 271 license ahead of RBO Energy Services Limited and Kalm Marine Petroleum Exploration and Production Nigeria Limited.
For the PPL 2000/2001 license, TotalEnergies emerged victorious with 126 points, narrowly beating Star Deepwater Petroleum Limited, which scored 125 points.
In other categories with sole bidders, BISWAL Oil and Gas, First E & P Development Company, Dewayles International Limited, Applefield Oil and Gas Limited, and First E & P Development Company Limited secured licenses for PPLs 2002, 2003, 2004, 2005, and 2006, respectively.
Similarly, PPLs 2007, 2008, and 3007 were awarded to R28 Holdings Limited, Tulcan Energy E & P Company Limited, and Oceangate Engineering Oil and Gas Limited.
Broron Energy Limited edged out Star Deepwater Petroleum Resources Limited to win the PPL 2009 license. Meanwhile, sole bidders R28 Holdings Limited, Tulcan Energy E & P Company Limited, Panout Oil and Gas, Hakilat Oil and Gas Consortium Limited, and Applefield Oil and Gas secured PPLs 3011, 3012, 3015, 3016, and 3017, respectively.
The bid round continues to attract significant attention from industry stakeholders.
