August 5, 2025

one million barrels

General

Nigeria’s Oil Rig Count Jumps to 46 as Country Targets One Million Barrels Per Day Boost

Nigeria’s oil industry is showing signs of strong recovery and growth, with oil rig count surging to 46 as of June 2025, up from 31 recorded in January. This boost in drilling activity, according to the Nigerian Upstream Petroleum Regulatory Commission, reflects renewed investor confidence and aggressive efforts to scale up crude oil production. The

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