Nigeria may be seeing the first major final investment decision (FID) in the oil and gas sector under President Bola Tinubu as President and Minister of Petroleum Resources as the Nigerian National Petroleum Company Limited and Total Energies yesterday sealed a pact for a $550 million Ubeta project. Aiming to guarantee the supply of gas to the Nigeria LNG train seven expected to cost $10 billion, the project is coming at a time when the oil sector in Nigeria is struggling to attract foreign investors. Ministers of State for Petroleum (oil and gas), Heineken Lokpobiri and Ekperikpe Ekpo as well The post NNPC, Total give Tinubu first FID with $550m gas deal
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