Nigeria Hopes New Upstream Deal Will Boost Its Oil Production to 2 Million Bpd

Nigeria News

Nigeria Hopes New Upstream Deal Will Boost Its Oil Production to 2 Million Bpd
Oil ProductionOandoEni
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Nigeria's acquisition of Eni's Nigerian Agip Oil Company NAOC by Oando aims to boost oil production to 2 million barrels per day bpd by the end of 2024.

The latest upstream deal in Nigeria ’s oil sector is expected to help boost crude production in the country to 2 million barrels per day bpd by the end of 2024, Heineken Lokpobiri, Nigeria ’s Minister of State Petroleum Resources, has said.

is active in onshore oil and gas exploration and production in Nigeria, as well as power generation. The sale of declared a state of emergency on production in Nigeria’s oil and gas industry as Africa’s largest oil producer struggles to boost output.

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