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

China's CNOOC Posts Record First-Half Profit

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

ABL Gets Papua New Guinea FSO Job

Oil Surges 3% on Renewed US-Iran Strikes

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Current News

PTTEP, Petronas Ink 35-Year Malaysia-Thailand Gas Deals

Iran Outlines Terms for Restoring Hormuz Shipping

Technip Energies Nets Engineering Services Job for ADNOC Offshore

Seatrium Nears Dual FPSO Sailaway for Petrobras' Búzios Field

Strait of Hormuz Shipping Marks Slight Rise

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

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