Indigenous Firm to Unveil 360,000 Bpd Oil Terminal

Firm builds terminal to cut crude evacuation cost

A firm has recently completed the construction of a new terminal designed to significantly cut the costs associated with the evacuation of crude oil. This development marks an important milestone in the oil and gas sector, as it promises to optimize the logistics of crude oil transportation, improve efficiency, and reduce operational expenses for producers [...]

Indigenous Firm to Unveil 360,000 Bpd Oil Terminal

*New Facility Addresses Crude Evacuation Challenges in Nigeria *90% of $400 Million Project Delivered by Indigenous Contractors In a groundbreaking initiative to tackle Nigeria’s crude evacuation challenges, the Otakikpo oil terminal will be inaugurated soon, marking a significant advancement for the nation’s oil sector. This $400 million facility, developed by Green Energy International Limited, is the first of its kind to be established by a p…