Total to invest $20b in Nigerian oil and gas industry, commissions new project - The Guardian - Nigeria

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rench oil giant, Total has declared its plans to invest $20 billion (N3 trillion) in Nigerian oil and gas exploration and production over the next four to five years.

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Besides, Total E&P Nigeria Limited has commissioned MV Osayame, a Stern Driver Offshore Terminal Tug boat, at Onne, Rivers State, Nigeria. Total told the Associated Press yesterday, that it was working on projects with other partners and that its own investment was lower than earlier reported.

Full Story: Total to invest $20b in Nigerian oil and gas industry, commissions new project - The Guardian - Nigeria

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This page contains a single entry by Viraj published on February 25, 2010 8:22 AM.

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