Petrobras Considers Return to Nigerian Oil Sector ...Middle East

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Petrobras Considers Return to Nigerian Oil Sector
source : OILPRICE ( Middle East ) () 74
Brazil’s Petrobras plans to return to Nigeria’s oil industry, to focus on deepwater exploration, Nigeria media have reported, citing a senior government official. “We have not maximally capitalised on the fraternity between us and Brazil, but it is better late than never. The upcoming SDM [Strategic Dialogue Mechanism] presents an opportunity to execute sector-specific Memoranda of Understanding (MOUs) and unlock investment flows,” Stanley Knwocha, a senior assistant with Nigeria’s vice president’s office, told…

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