The rigs are transferring once more in Nigeria. After years of stagnation, underinvestment, and exodus by worldwide oil corporations, Africa’s largest oil producer is experiencing an surprising renaissance. The query is just not whether or not this restoration is actual—the numbers are compelling—however whether or not it may be sustained in a sector lengthy stricken by structural challenges. For years, Nigeria’s upstream oil sector has been a story of diminishing returns. Plagued
After years of decline, Africa’s largest oil producer is drilling its approach again to relevance
The rigs are transferring once more in Nigeria. After years of stagnation, underinvestment, and exodus by worldwide oil corporations, Africa’s largest oil producer is experiencing an surprising renaissance. The query is just not whether or not this restoration is actual—the numbers are compelling—however whether or not it may be sustained in a sector lengthy stricken by structural challenges. For years, Nigeria’s upstream oil sector has been a story of diminishing returns. Plagued
