Nestoil Invests $28 Million in Drilling Rigs to Boost Nigerian Crude Output

The Nestoil Group disclosed a $28 million investment in two new drilling rigs aimed at increasing domestic crude oil production and strengthening indigenous drilling capacity.

31 Aug, 13:47 — 31 Aug, 13:47

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vanguard-ngMixed1d ago

OML 42: Nestoil invests $28m in rigs to boost production

By Obas Esiedesa, Abuja Nestoil Group has invested about $28 million in two drilling rigs as part of efforts to boost crude oil production and strengthen indigenous drilling capacity in Nigeria. The Group disclosed this in a statement on Monday, saying its strategic business unit, Scorpio Drilling International, recently deployed the Pathfinder 500 rig to […] The post OML 42: Nestoil invests $28m in rigs to boost production appeared first on Vanguard News.

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Nestoil Invests $28 Million in Drilling Rigs to Boost Nigerian Crude Output

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OML 42: Nestoil invests $28m in rigs to boost production

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