Accelerate Your Marginal Field Development with BGE!

Are you struggling to secure funding for your marginal field development project? BGE’s Marginal Field Accelerator (MFA) is the solution you need. MFA is our vendor financing initiative to unlock the value of your assets without the burden of large upfront capital investments.

Key Features of Our MFA

The MFA Programme seeks to address the challenges hindering the development of marginal fields by fostering partnerships between field owners and service providers.

Zero upfront cost models with deferred payment structures

Production-based repayment plans

Flexible Repayment Options

Fast-Track to Production

A Partnership Between Field Owners & Service Providers

Accelerate Development

Enable faster development of marginal fields by providing access to financing and expertise.

Maximize Value

Optimize the production and revenue potential of marginal fields through efficient and innovative solutions.

Foster Collaboration

Create mutually beneficial partnerships between field owners and service providers, promoting knowledge sharing and local capacity building.

BGE Marginal Field Accelerator

The Marginal Field Accelerator (MFA) Programme is a strategic initiative by Broad Global Energy (BGE) to unlock the value of Nigeria’s marginal oil and gas fields

By leveraging a vendor financing model and BGE’s expertise in project management, the programme will facilitate partnerships between field owners and service providers to accelerate the development of these assets, contributing to Nigeria’s energy security and economic growth while adhering to sustainable development practices.

01

Field Owners

Gain access to financing and expertise, accelerate field development, reduce risks, and leverage innovative technologies.

02

Service Providers

Access new business opportunities, secure long-term revenue streams, and collaborate with other industry players.

03

Nigeria

Increase oil and gas production, create jobs, promote local content development, and foster sustainable practices in the energy sector

How We Deliver Value

Unlocking Potential

We empower you to maximize the value of your energy assets through strategic insights and operational excellence.

Strategic Partnerships

We facilitate valuable collaborations and alliances, leveraging synergies to create mutual value.

Unlocking Marginal Assets

We bridge the financing gap for projects with significant potential but limited access to traditional funding.

How Our MFA Process Works

Unlock Your Marginal Field’s Potential with Zero Upfront Capital

Identification & Assessment

We identify and assess potential marginal fields based on technical, economic, and environmental criteria. This ensures that the selected fields are viable and have the potential for successful development.

Service Provider Matching

We assemble a consortium of qualified service providers with diverse expertise. This consortium will provide the necessary technical and operational support for field development.

Vendor Financing Agreement

We facilitate vendor financing agreements between field owners and the service provider consortium. These agreements outline the project scope, timelines, financial terms, and revenue-sharing mechanisms.

Project Execution

The service provider consortium executes the field development plan, utilizing their expertise and resources to optimize production while adhering to environmental and safety standards.

Revenue Sharing

Field owners and service providers share the revenue generated from production according to the agreed-upon terms. This ensures a fair and equitable distribution of benefits.

Monitoring & Evaluation

BGE continuously monitors project progress, provides technical assistance, and evaluates performance to ensure optimal outcomes and continuous improvement..

Join us to transform the Nigerian oil and gas landscape and create a brighter energy future .

Ready to unlock your untapped energy assets? Contact us today to discuss how our Marginal Field Accelerator (MFA) can help you achieve your goals.

Scroll to Top