BusinessDay
Nigeria's leading finance and market intelligence news report.

FID on 4 oil fields threatened on low break-even price

…fields contain 1.4bn barrels of oil equivalent  

Four major oil and gas projects with a combined capacity of 1.4 billion barrels of oil equivalent (boe) scattered around Nigeria, Africa’s biggest oil-producing country, may suffer delay in Final Investment Decision (FID) as a result of lower break-even oil price and the impact of the deadly coronavirus pandemic. The critical oil and gas development…



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