03/09/2025
Nigeria Charts New Course for Gas-Centric Energy Deals
Arabian Post - Nigeria has secured a production-sharing contract with TotalEnergies and South Atlantic Petroleum for two deepwater offshore blocks, under a novel legal structure designed to prioritise gas development alongside oil. The agreement spans units PPL 2000 and PPL 2001?a territory of some 2,000 square kilometres in the Niger Delta Basin?and marks Nigeria?s first PSC under its transformative Petroleum Industry Act of 2021. The...
