Why investment in Nigeria’s deep-water fields has been stagnant for 10 years – TotalEnergies M.D

Nairametrics | 05-07-2024 01:45am |

The Managing Director of TotalEnergies Nigeria, Mr Matthieu Bouyer, stated that investment in the deep-water segment of Nigeria's oil and gas industry has been stagnant for 10 years since the Egina Final Investment Decision (FID) due to increased levies, the exit of contractors, and high production costs. The post Why investment in Nigeria’s deep-water fields has been stagnant for 10 years – TotalEnergies M.D appeared first on Nairametrics.

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