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Bonga Southwest Aparo Deepwater Project

Sector: Government • Location: Nigeria

Source: Businessfront

Project
Under Development

The Bonga Southwest Aparo project is a deepwater oil development project in Nigeria expected to attract $20 billion in foreign direct investment and produce 150,000 barrels of crude per day once complete. The Nigerian government has granted Shell Plc a production-linked tax credit to incentivize the project and plans to extend this incentive to other oil majors developing new deepwater projects un

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Project Information

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The project “Bonga Southwest Aparo Deepwater Project” is an infrastructure initiative in the Government sector, located in Nigeria. Taiyo aggregates data on it from Businessfront.

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Participants

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Status

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under development

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Description

Description

The Bonga Southwest Aparo project is a deepwater oil development project in Nigeria expected to attract $20 billion in foreign direct investment and produce 150,000 barrels of crude per day once complete. The Nigerian government has granted Shell Plc a production-linked tax credit to incentivize the project and plans to extend this incentive to other oil majors developing new deepwater projects until at least 2029.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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