Deep Offshore Incentives Could Attract $50bn, Add 1m bpd – NUPRC

Top News From TPCN - The Port City News The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has projected that the 2026 Deep Offshore Oil and Gas Project Incentives (Tax Remission) Executive Order could attract up to $50 billion in fresh investment and increase Nigeria’s crude oil and condensate production by about one million barrels per day. President Bola Tinubu approved the executive…