US EditionFG Approved 28 New Oil Field Plans Worth $18.2bn in 2025 — Minister - Thepodiummedia
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FG Approved 28 New Oil Field Plans Worth $18.2bn in 2025 — Minister - Thepodiummedia
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that Nigeria approved 28 new Field Development Plans (FDPs) valued at $18.2 billion, unlocking an estimated 1.4 billion barrels of crude oil reserves in 2025 alone. Lokpobiri disclosed this on Tuesday at the official opening of the 2026 Nigeria International Energy Summit (NIES) by President Bola Tinubu, who was represented by the Vice-President, Sen. …
FG cleared 28 new oil field plans worth $18.2bn in 2025 - THE AUTHORITY NEWS
Nigeria approved 28 new Field Development Plans (FDPs) valued at N18.2 billion dollars, with an estimated reserve potential of 1.4 billion barrels in 2025 alone, the Federal Government has said. It said between 2024 and 2025, four of the seven major Final Investment Decisions (FIDs) announced across Africa were in Nigeria, a development attributed to policy clarity, consistent governance, and deliberate leadership. Sen. Heineken Lokpobiri, Minis…
Govt cleared 28 new oil field plans worth $18.2bn in 2025 - EnviroNews - latest environment news, climate change, renewable energy
Nigeria approved 28 new Field Development Plans (FDPs) valued at $18.2 billion, with an estimated reserve potential of 1.4 billion barrels in 2025 alone, the Federal Government has said. It said between 2024 and 2025, four of the seven major Final Investment Decisions (FIDs) announced across Africa were in Nigeria, a development attributed to policy clarity, consistent governance, and deliberate leadership. Sen. Heineken Lokpobiri, Minister of S…
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