The risks of investing in some new oil and gas developments far outweigh whatever anticipated returns on a risk-return matrix
...Seplat restores 29 wells to production
...Oando projects $270m on drilling in H2
Nigeria’s leading indigenous oil companies are increasingly turning to the revival of idle wells rather than embarking on costly new drilling campaigns as they look to squeeze more value from existing assets in a volatile market environment.
This shift, according to findings by BusinessDay, is driven by cost-efficiency, speed of execution and a desire to maximise existing infrastructure. It is being sp
