Meren Energy, a Canadian oil company, has announced that it will accelerate appraisal and infill drilling activities at the Chevron-operated Ikija and Agbami oil fields located offshore Nigeria. This decision comes as part of a strategy to address a significant 20% decline in Nigeria's deepwater oil output. Meren holds an eight percent stake in both the undeveloped Ikija field and the producing Agbami field, with the revised drilling schedule now set for the fourth quarter of this year. The move is expected to enhance production capabilities in these key offshore areas.
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