BUSINESS● LOWAug 31 · Aug 31, 2026, 1:47 PM
OML 42: Nestoil invests $28m in rigs to boost production
Vanguard Nigeria · sub saharan africa
By Obas Esiedesa, Abuja Nestoil Group has invested about $28 million in two drilling rigs as part of efforts to boost crude oil production and strengthen indigenous drilling capacity in Nigeria. The Group disclosed this in a statement on Monday, saying its strategic business unit, Scorpio Drilling International, recently deployed the Pathfinder 500 rig to […] The post OML 42: Nestoil invests $28m in rigs to boost production appeared first on Vanguard News.
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