Nigeria’s oil sector has received a huge boost as Conoil Producing Limited and TotalEnergies signed a massive production contract in Paris earlier today.
The agreement was signed by Dr. Mike Adenuga Jr., Chairman of Conoil Producing, and Mr. Patrick Pouyanné, CEO of TotalEnergies, at the company’s headquarters in La Défense, Paris.
The partnership is expected to significantly increase Nigeria’s oil production and attract more foreign investment into the energy industry.