Business Oil Exploration: 6 Areas Where Nigeria Is Searching For Oil [See LIST]

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The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has urged the National Association of Petroleum Explorationists (NAPE) to explore the hydrocarbon potentials of green frontier basinsin six areas in order to increase the depleting reserves in the country.

He said the federal government would be willing to make provisions for incentives for such prospective investors.

Dr. Baru gave the charge when he received the leadership of NAPE led by its national president, Mr. Nosa Omorodion, at the NNPC Towers, Abuja yesterday.

He listed areas where there are prospects of oil and gas as follows:

The Chad Basin,
Anambra,
Bida,
Dahomey,
Gongola/Yola
Benue Trough


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The GMD urged NAPE to play a key role in promoting public private partnership in the exploration of some of the green frontier basins.

The national president of NAPE, Mr. Omorodion felicitated with the GMD on his appointment, saying that NAPE would confer on him a honourary membership award which was the highest award from the association due to his outstanding track records in the Nigerian oil and gas industry in November this year.

Nigeria Begins Search For Oil in Northern Region [See PHOTOS] ...
 
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