Share
Olugbemi. Adeyinka Ogunleye
6 months ago
Overview
Nigeria’s Offshore Oil, Gas Production Industry Projected to Hit $47bn by 2031
The value of Nigeria’s offshore oil and gas production market will grow from the $34.18 billion in 2023 to $47.03 billion by 2031, a new market research has found. In addition, the Compound and Annual Growth Rate (CAGR) will grow by 4.1 per cent within the period spanning to 2031, the report by Research and Markets indicated. Headquartered in Dublin, Ireland, Research and Markets was founded in 2002 to connect businesses with the market insights and analysis to enable intelligent decision-making, priding itself as the world’s largest market research store with clients all over the world.
Snippets of the 76-page report: “Nigeria Offshore Oil and Gas Production Market Size and Forecast, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage”, noted that Nigeria’s production of 552.84 million barrels of crude oil, including condensate in 2023 alone, reaffirmed the country’s critical role in shaping the energy landscape.
More: https://www.thisdaylive.com/index.php/2024/10/21/nigerias-offshore-oil-gas-production-industry-projected-to-hit-47bn-by-2031/
#Small business Nigeria #Nigeria business community #Business community Nigeria #community for startup in Nigeria #online business community in Nigeria #Nigerian startups
