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Nigeria
Punch
National & Local
Nigeria secures $18.2bn oil investments, 28 field plans
Nigeria has signed 28 new field development plans worth $18.2 billion, expected to produce 1.4 billion barrels of oil, as announced by Minister Heineken Lokpobiri at the Nigeria International Energy Summit 2026.
Feb 4 • 02:39 UTC
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Nigeria
Punch
National & Local
FG approved 28 new oil field plans worth $18.2bn in 2025 — Minister
Nigeria has approved 28 new Field Development Plans valued at $18.2 billion, expected to unlock around 1.4 billion barrels of crude oil reserves by 2025, according to the Minister of State for Petroleum Resources, Senator Heineken Lokpobiri.
Feb 3 • 18:14 UTC
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Nigeria
Punch
National & Local
Nigeria’s oil sector big enough for foreign, local firms – Lokpobiri
Nigeria's government asserts that its oil and gas sector can accommodate both foreign and local companies, emphasizing the importance of local content for industrial growth.
Feb 2 • 15:54 UTC