Nigeria oil and gas map focused on Port Harcourt

Signs of progress in Nigeria’s upstream as major M&A deals inch forward

In depth
Issue 505 - 09 May 2024 - By James Gavin | 10 minute read

There are signs of progress on two multi-billion dollar asset sales to local players by international majors which, coupled with sector reforms unveiled in March and a new licensing round launched in late April, may give rise to guarded optimism in the upstream sector, despite perennial issues around security and theft, writes James Gavin.

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