Tag: Nigeria
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Oil production in Nigeria is threatened with a loss of 4 million barrels
Oil production in Nigeria is set to drop dramatically in March 2023 and beyond, due to the recent bombings of a major pipeline in the Niger Delta region. A major export pipeline exploded in the oil-rich Niger Delta region, Thursday evening, March 2, 2023, killing 12 people and injuring others, according to the specialized energy…
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New bidding round for oil exploration in Nigeria
The oil sector in Nigeria is preparing to receive new investments during the current year (2023), after the competent authority announced the launch of a new round of bids for oil exploration in a number of offshore blocks. The Nigerian Petroleum Regulatory Authority announced that 7 offshore oil blocks will be offered to interested companies…
