Nigeria Takes Giant Leap in Oil Production with $315 Million FPSO Vessel
Nigeria’s Oriental Energy Resources Limited has unveiled a state-of-the-art, $315 million Floating Production, Storage, and Offloading (FPSO) vessel, marking a significant milestone in the country’s quest to boost its oil production capacity. This feat is a major gain for President Bola Tinubu’s ongoing oil sector reforms. The FPSO vessel, named ENEM FPSO, has a storage […]