Competition, Fiscal Incentives’ll Drive Deep Water Projects’ Cost – TotalEnergies

TotalEnergies says good fiscal incentives, and competition will drive costs down the cost of production in the oil and gas sector, especially in the deepwater. It stated that the deep water segment in Nigeria has been stuck for 10 years In a bid to move the deep water projects of the Nigerian oil and gas sector forward, Country Chairman and Chief Executive Officer of TotalEnergies EP Nigeria Limited, Mathieu Bouyer stated this has therefore called on the Federal Government to ensure good fiscal incentives and healthy competition that will drive…

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