Nigeria’s deepwater operations have generated over $180 billion following a capital investment of more than $65billion made by the players in the oil and gas industry, the Group Managing Director, Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has said. Baru has also revealed that despite this huge investment, there are still potentials for growth amidst untapped abundant opportunities in the sector. He made this disclosure yesterday while delivering a paper entitled: “Deepwater Operations in Nigeria: The journey so far,” at the panel session of the Petroleum Technology Association of Nigeria (PETAN) in the ongoing golden anniversary of the Offshore Technology Conference (OTC) in Houston, Texas, United States. Represented by the Chief Operating Officer, Upstream of the NNPC, Mallam Bello Rabiu, Baru was quoted in a statement by the corporation’s Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu, as saying that Nigeria remained an active […]