Nigerian Opposition Candidate Seeks to Boost Oil Investment

Nigerian opposition candidate Atiku Abubakar will seek to boost investment in the country's oil sector if he becomes president next year, according to a draft copy of his manifesto.

He plans to reconsider the introduction of bidding rounds for marginal fields and oil blocks, privatize government-owned refineries and issue new licences for greenfield investments in crude refineries, the draft said.

The country is scheduled to hold a presidential election in February.


(Reporting by Alexis Akwagyiram and Paul Carsten; editing by John Stonestreet)

Current News

ABS, Akselos Sign Floating Wind MOU

ABS, Akselos Sign Floating Win

Subsea Redesign Underway for Floating Offshore Wind

Subsea Redesign Underway for F

Floating Offshore Wind: Fuel for Shipbuilding and Ship Repair

Floating Offshore Wind: Fuel f

Equinor’s 10% Stake Acquisition in Ørsted Now Completed

Equinor’s 10% Stake Acquisitio

Subscribe for OE Digital E‑News

Offshore Engineer Magazine