🌊 What does a $20 billion investment mean for Nigeria’s oil industry?
The recent approval by the presidency for the Final Investment Decision (FID) on the Bonga Deepwater Project marks a historic moment, being the first such approval for a deepwater asset in Nigeria since 2008. This ambitious project is set to produce 150,000 barrels per day and is projected to create over 5,000 jobs, addressing both energy needs and economic growth. As Ojulari Emmanuel said, “we have broken the logjam,” paving the way for future developments in the sector.
It's exciting to see such significant strides being made in the energy landscape! What are your thoughts on the potential impact of this project?
Read more here: https://www.thisdaylive.com/2026/03/11/nnpc-presidential-approval-secured-for-20bn-fid-on-bonga-deepwater-project/
#BongaDeepwater #NigeriaOil #InvestmentOpportunities #EnergySector #JobCreation
The recent approval by the presidency for the Final Investment Decision (FID) on the Bonga Deepwater Project marks a historic moment, being the first such approval for a deepwater asset in Nigeria since 2008. This ambitious project is set to produce 150,000 barrels per day and is projected to create over 5,000 jobs, addressing both energy needs and economic growth. As Ojulari Emmanuel said, “we have broken the logjam,” paving the way for future developments in the sector.
It's exciting to see such significant strides being made in the energy landscape! What are your thoughts on the potential impact of this project?
Read more here: https://www.thisdaylive.com/2026/03/11/nnpc-presidential-approval-secured-for-20bn-fid-on-bonga-deepwater-project/
#BongaDeepwater #NigeriaOil #InvestmentOpportunities #EnergySector #JobCreation
🌊 What does a $20 billion investment mean for Nigeria’s oil industry?
The recent approval by the presidency for the Final Investment Decision (FID) on the Bonga Deepwater Project marks a historic moment, being the first such approval for a deepwater asset in Nigeria since 2008. This ambitious project is set to produce 150,000 barrels per day and is projected to create over 5,000 jobs, addressing both energy needs and economic growth. As Ojulari Emmanuel said, “we have broken the logjam,” paving the way for future developments in the sector.
It's exciting to see such significant strides being made in the energy landscape! What are your thoughts on the potential impact of this project?
Read more here: https://www.thisdaylive.com/2026/03/11/nnpc-presidential-approval-secured-for-20bn-fid-on-bonga-deepwater-project/
#BongaDeepwater #NigeriaOil #InvestmentOpportunities #EnergySector #JobCreation
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