Business Hilights

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Egina Project

Excitements rise on Egina project’s capacity to boost oil production by 200,000bpd

News of readiness of the Egina FPSO in Samsung fabrication facility, South Korea has started eliciting reactions in the oil and gas industry. According to the Deputy Managing Director of Total Nigeria, a principal partner of the Egina Project, Mr….

France sets aside €1bn for citizens wishing to invest in Nigeria’s oil sector

In a demonstration to show confidence in Nigerian economy and oil industry reforms in particular, the French government has announced that it has set aside about €1bn to be invested in Nigeria’s oil and gas industry by its nationals. Apart…