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$25bn to be spent on Nigeria’s upstream CapEx by 2020

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$25bn to be spent on Nigeria’s upstream CapEx by 2020

10 April 2018, Sweetcrude, Lagos — An average capital expenditure (CapEx) of $8.4bn per year will be spent on 249 oil and gas fields in Nigeria between 2018 and 2020. Capex into Nigeria’s oil and gas projects will add up to $25.3bn over the three-year period in upstream CapEx by 2020, according to GlobalData, a …

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$25bn to be spent on Nigeria’s upstream CapEx by 2020 $25bn to be spent on Nigeria’s upstream CapEx by 2020 Reviewed by Crude Oil Facilitators on 11:48 Rating: 5

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