Crude Oil

Nigeria: 14 Firms Win Bids to Lift Nigeria’s Oil in 2019/20

Although many of the companies applied as individuals, sources at the state oil firm, NNPC, said many of the eventual winners formed consortiums with other applicants to emerge successful.

Nigeria: 14 Firms Win Bids to Lift Nigeria’s Oil in 2019/20

SEATTLE (Oil Monster): No fewer than 14 local, regional and international oil companies that bid for the 2019 Direct Sale of Crude Oil and Direct Purchase (DSDP) contract have emerged successful, PREMIUM TIMES learnt.

Although many of the companies applied as individuals, sources at the state oil firm, NNPC, said many of the eventual winners formed consortiums with other applicants to emerge successful.

The eventual successful bids include:

BP/AYM Shafa Limited

Vitol-Hyson/Calson//Varo

Trafigura PTE Limited /AA Rano

MRS

Oando PLC/CEPZA Consortium

Bono Energy Limited/Akleen/Amazon/Eterna PLC

Eyrie/Masters Energy Oil & Gas Limited/Cassiva/Asean Group

Mercuria Energy Trading SA/Barbedos/Petrogas/ Rainoil Limited

Matrix Energy Limited/Mocoh Oil & Gas/Levene/Petra Atlantic

TOTSA

Duke Oil Company Incorporated

Sahara Energy Resources Limited

Gunvor Limited

PREMIUM TIMES is yet to verify the name of the 14th successful winner.

Reliable sources at the Nigerian National Petroleum Corporation (NNPC) told PREMIUM TIMES on Friday the 14 successful bidders were among those invited to participate in contract negotiations held in London a fortnight ago for shortlisted companies.

The NNPC is yet to formally make public the names of the successful companies.

But, a source who requested not to be named as he was not authorised to speak on the issue, said the corporation may follow a familiar pattern of not publicly announcing winners of such contracts.

 Courtesy: www.allafrica.com

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