Nigerian Opposition Candidate Seeks to Boost Oil Investment

Monday, November 19, 2018

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)

Categories: Finance Energy Oil Africa Regulations

Related Stories

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Energy Drilling’s EDrill-2 Rig Starts Ops for PTTEP in Gulf of Thailand

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Eni-Petronas Gas Joint Venture Up for Launch in 2026

Shell’s Brazil-Bound FPSO Starts Taking Shape

SBM Offshore, SLB to Optimize FPSO Performance Using AI

Floating Offshore Wind Test Center Planned for Japan

Marco Polo Picks Salt Ship Design for Next-Gen Offshore Energy CSOV

Seatrium Engages Axess Group to Clear FPSOs for Brazil Deployment

Current News

PTTEP Orders OneSubsea Systems for Two Deepwater Projects off Malaysia

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Sponsored: UAE Breaks Ground on GW-Scale Renewable Energy Hybrid

Pertamina Joins Petronas in Ultra-Deepwater Asset off Indonesia

Malaysia’s Petronas and Oman’s OQEP Strengthen Oil and Gas Ties

Southeast Asia’s 2GW Cross-Border Offshore Wind Scheme Targets 2034 Buildout

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

US Pressure on India Could Propel Russia's Shadow Oil Exports

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com