Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom | HappeningNow.news

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Nigeria Eyes $50 Billion Offshore Oil and Gas Investment Boom

What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering…

Source OilPrice Story Brief Updated 2h 32m ago
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Story Brief

The new Nigerian incentives for offshore oil and gas projects have the potential to attract $50 billion in new investment in Nigeria’s offshore energy sector, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has said. Nigeria, however, needs upskilled and additional numbers of skilled workers and employees, including in the digital industries, to take advantage of the new offshore opportunities, the regulator’s chief executive, Oritsemeyiwa Eyesan, said at a human resources conference this week.

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