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NUPRC approves $57bn FDPs, targets $50 billion from 22 offshore projects

The NUPRC has approved over $57 billion in Field Development Plans, signaling strong investment in Nigeria's oil sector. With 22 offshore projects expected by 2030, the commission targets an investment potential of $50…

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NUPRC approves $57bn FDPs, targets $50 billion from 22 offshore projects
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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved more than $57 billion in Field Development Plans (FDPs), some of which have translated to Final Investment Decisions. The commission said that 22 major offshore projects are expected between 2026 and 2030 with an estimated investment potential of between $30 billion and $50 billion. Its Chief […]

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