GlobalData: Over US$25 billion will be spent on Nigeria’s upstream capex to 2020
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.
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.
US and Chinese based oil & gas steel fabricators have been some of the first companies within the industry to be impacted by the countries playing high-stakes poker through targeted tariffs, Rystad Energy research shows.