Report: Nigeria Leads With $13.5bn FIDs From Global Oil, Gas Majors

Newtelegraphng | 22-01-2025 07:47pm |

Nigeria ranks as Africa’s leading destination for upstream oil and gas investment in 2024, research from market intelligence firm Wood Mackenzie has shown. The country accounted for three out of four Final Investment Decisions (FIDs) anounced by global oil and gas majors, totaling $13.5 billion. The FIDs announced within the Nigerian market included Shell’s $122...The post Report: Nigeria Leads With $13.5bn FIDs From Global Oil, Gas Majors appeared first on New Telegraph.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.