The developmment of deepwater assets in the Nigerian oil and gas can contribute $3bn (N474bn) to the country’s economy. It can also generate about 200,000 jobs annually.
The Commercial Manager, Shell Nigeria Exploration and Production Company Limited, Mr. Stefan Vas de Wael, said this during a recent training session for energy journalists in Lagos.
Currently, deep-water oil fields in the country include Abo, Erha, Bonga, Usan, Agbami and Akpo while undeveloped deepwater potential abound.
Details of the prospect obtained showed McKinsey Multiplier Model as the source of the information.
Read More by Klicking; http://businessnews.com.ng/2013/05/26/fg-to-make-n474bn-from-deep-water-projects/
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