HONOURABLE MINISTER OF STATE FOR PETROLEUM RESOURCES (OIL), GOVERNMENT OF NIGERIA
"This wave of local participation is not only helping us grow production, but it is also driving job creation, boosting local content, increasing in-country value retention, and strengthening Nigeria’s energy security."
"The combination of increased refining capacity and a more open, liberalized market would create a significantly more favourable environment for growth and investment in the downstream sector."
CHAIRMAN AND CEO (UM) AND EXECUTIVE DIRECTOR (TA), POLIEDRO
"Growth through acquisition remains our primary strategy, and we are strengthening our internal capabilities to ensure we compete effectively in upcoming transactions."
DIVISION MANAGER, EXTRACTIVES, AFRICAN DEVELOPMENT BANK (AFDB)
"Investments in gas pipelines, LNG facilities, and distribution infrastructure can unlock domestic markets and stimulate regional trade in energy services."
"2024 was a busy year, ending with four parallel operations for the first time, and over 120 diving personnel working offshore in the last quarter, all while maintaining a flawless safety record."
"One of the key challenges ahead is ensuring local stock availability to meet the accelerating demand. Currently, about 70% of oilfield chemicals used in Nigeria are still imported."
Latam North and Caribbean Mining 2025 - Digital Interactive
A convergence of high-commodity prices and low valuations, on the back of a structural deficit in exploration and discoveries, has set the perfect scene for increased M&A. The leverage is particularly high for acquisitions in Latam North and the Caribbean, where stocks do not command the high premiums of tier-one jurisdictions. But M&A is only a quick fix to the global resource replenishment crisis.