Insight

A reality check of Nigeria's upstream sector - Trip Takeaways

Get this report

$1,350

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- Available as part of a subscription
- FAQ's about online orders

27 November 2017

A reality check of Nigeria's upstream sector - Trip Takeaways

Report summary

In early November 2017, Wood Mackenzie visited Lagos – the headquarters for most oil and gas companies in Nigeria. We had meetings with fifteen companies including IOCs, indigenous operators, service companies and banks. The main issues we came across include funding, lack of development, potential tax changes, gas monetisation, divestment opportunities and licensing. This is a brief overview of those issues.

Table of contents

  • Lack of funding
  • Drought in greenfield development
  • NPFP – a policy, not law
  • and a separate bill in the works?
  • Gas monetisation at an impasse
  • Industry braces for divestments and licensing rounds

Tables and charts

This report includes 2 images and tables including:

  • Key offshore projects on the horizon
  • Gas breakeven sensitivity – 500 bcf onshore gas field

What's included

This report contains:

  • Document

    A reality check of Nigeria's upstream sector - Trip Takeaways

    PDF 292.56 KB