FG launches 2025 oil bid round, offers 50 blocks, targets $10bn investment and 400,000bpd output

The Federal Government on Monday unveiled 50 oil and gas blocks for bidding, aiming to attract $10 billion in fresh investments and add 400,000 barrels per day to national production. The government also targets 10 billion barrels of oil over the next decade. The post FG launches 2025 oil bid round, offers 50 blocks, targets $10bn investment and 400,000bpd output appeared first on Vanguard News.