Article
Nigeria’s Offshore Investment Outlook: US$30–50 Billion In Projects Expected To Drive Upstream Growth Between 2026 And 2030
Nigeria's upstream oil and gas sector is poised for substantial growth with 22 major offshore projects anticipated between 2026 and 2030, potentially attracting US$30-50 billion in investment. The Nigerian Upstream Petroleum Regulatory Commission projects these developments will boost production, create employment, expand infrastructure, and strengthen energy security, supported by new fiscal frameworks and licensing rounds.
Tope Adebayo LP