NNPCL indicates that Petrobras is exploring fresh investment possibilities in the deep waters of Nigeria.

The Nigerian National Petroleum Company Limited (NNPCL) has revealed that Petrobras, the state-owned oil behemoth of Brazil, is seeking new avenues in Nigeria’s upstream sector, focusing particularly on deepwater and ultra-deep-water ventures. In a message shared on X (formerly Twitter) on Wednesday, NNPCL stated that its Executive Vice-President for Upstream, Udy Ntia, engaged with Petrobras…

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