Six Offshore Oil Projects in Nigeria
Sector: Oil and Gas • Location: Nigeria
Source: Businessday NG
A new wave of offshore oil projects in Nigeria, backed by billions of barrels of untapped deepwater reserves, is expected to add over 800,000 barrels per day (bpd) to the national oil output. These projects aim to address the decline in Nigeria's oil production caused by underinvestment, operational challenges, and security issues in onshore fields.
- Status
- Prospective
- Sector
- Oil and Gas
- Location
- Nigeria
- Updated
- 22 Jul 2026
- Source
- Businessday NG
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | A new wave of offshore oil projects in Nigeria, backed by billions of barrels of untapped deepwater reserves, is expected to add over 800,000 barrels per day (bpd) to the national oil output. These projects aim to address the decline in Nigeria's oil production caused by underinvestment, operational challenges, and security issues in onshore fields. |
Original sector | Energy |
Location
Country | Nigeria |
Source
Source | Businessday NG |
URL |
More Details
Record type | Project |
Sector | Oil and Gas |
Article published date | 2025-09-16 |
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