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

Perenco Starts Construction of New Offshore Platform for Project in Congo

Perenco Starts Construction of New Offshore Platform for Project in Congo

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

TotalEnergies and Partners Sign PSC Extension for Deepwater Block off Angola

Africa Energy Aims to Start Production in South Africa by 2033

Africa Energy Aims to Start Production in South Africa by 2033

Current News

Orsted Favors Increasing Investments in Taiwan, South Korea

Japan Energy Expo '25 Opens this Week

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

Aramco CEO: Realism Must Anchor Global Energy Transition, Especially in Asia

Subscribe for OE Digital E‑News

Offshore Engineer Magazine