Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo
Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Green Marine›Local Content to Fetch $10bn
Green Marine

June 28, 2005 · about 21 years ago

Local Content to Fetch $10bn

A total of $10 billion (about N1.33 trillion) will be conserved and spent on Nigeria’s upstream petroleum industry in the next five years if the local content policy is fully implemented in the sector. Also, an estimated 82,000 jobs including 80,000 for technicians and artisans as well as 2,000 for

1 minutes read
  • LinkedIn
  • X
  • Email

A total of $10 billion (about N1.33 trillion) will be conserved and spent on Nigeria’s upstream petroleum industry in the next five years if the local content policy is fully implemented in the sector.

Also, an estimated 82,000 jobs including 80,000 for technicians and artisans as well as 2,000 for engineers are expected to be created during the period with the coming on stream of the policy.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Green MarineNews

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1Hybrid electric propulsion at the heart of next-gen LNG carrier design
  2. 2Shell and MET Group pen new multi-year US LNG supply deal
  3. 3New US wave power test facility on Carnegie Clean Energy contender list for potential CETO demo
  4. 4Germany-UAE energy ties deepen as RWE, Masdar and ADNOC eye LNG supply and €3B offshore wind investment

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free