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"Chevron aims to grow production through planned infill drilling and exploration activities, demonstrating its commitment to future growth in Nigeria."
"The onshore and shallow water space in Nigeria is still largely underdeveloped and requires huge investments. Within those divested assets by the IOCs, many fields are lying fallow."
"The government has put considerable effort into enhancing policy consistency and certainty regarding fiscals for the oil industry."
"As the business environment improves, more players explore opportunities to commercialize gas through power generation, petrochemicals, and export potential through NLNG or FLNG projects."

NIGERIA: LATEST ARTICLES

2020: Nigeria - The Year of Natural Gas

August 11, 2020
Nigeria has enormous potential to diversify the economy away from crude oil, which has overshadowed the gas in Nigeria’s oil and gas industry. The country is struggling to exploit its natural gas resources which rank among the 10 largest worldwide.”

Nigeria: The Champion of Local Content

June 17, 2020
The Nigerian Oil and Gas Development Act of 2010 imposed local content requirements that have been largely successful and have benefitted both the Nigerian population and the industry.

Shielding Africa From the Next Armageddon

June 17, 2020
Expert Opinion Article by Jerome Onoja, Managing Editor, Majorwaves Energy Report

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