Oil sector boosts local services: Abuja wants more materials and services to come from domestic sources. Bola Olowo reveals that the industry's top executives agree.(Oil and Gas)

African Review of Business and Technology,  December, 2005  by Olowo, Bola

• E-mail
• Print
• Link

WITH THE WORLD waiting eagerly for more Nigerian oil, government officials are concerned that the companies are abandoning onshore and continental shelf exploration and moving to deep water. The Nigerian Association of Explorationists is especially worried, as Mr Austin Avuru, the incoming President, puts it: "We have found out that the reason there is so much of a race by the operators to move into deep water is not because there are no more discoveries to be made in the traditional terrain ...

it is largely due to community crises. Operators largely see it as being easier to ...

Read the rest of this article with a Free Trial at HighBeam Research.