NNPC Plans New Oil Fields To Boost Output

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The Nigerian National Petroleum Company Limited (NNPC Ltd) says it will develop new oil fields from 2026 to boost oil output.

The fresh exploration will also help it raise at least $30 billion by 2030.

If successfully executed, NNPC’s strategy could help unlock stranded oil assets, stabilise production, and boost Nigeria’s crude output, which the company targets to increase by 5% to…

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