Petrobras Eyes Return to Nigeria’s Oil Sector with Deepwater Investment
Brazil’s state-owned oil giant, Petrobras, is making a significant move to re-enter Nigeria’s petroleum sector, focusing on acquiring frontier deepwater acreage. This development comes after the company previously exited Nigeria in 2020, selling off its assets for $1.5 billion. The Brazilian oil major’s renewed interest in Nigeria’s oil sector is seen as a vote of