{"id":119444,"date":"2024-05-24T09:44:22","date_gmt":"2024-05-24T08:44:22","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri"},"modified":"2024-05-24T12:00:04","modified_gmt":"2024-05-24T11:00:04","slug":"investments-from-iocs-essential-for-our-economic-growth-lokpobiri","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri","title":{"rendered":"Investments from IOCs essential for our economic growth \u2013 Lokpobiri"},"content":{"rendered":"

Africa-Press – Nigeria. <\/strong><\/span>The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that attracting more investment from International Oil Companies, IOCs, to Nigeria is essential for its economic growth.<\/p>\n

He made the disclosure during a courtesy visit by the Global CEO of Schlumberger, Mr. Olivier Le Peuch, and his team, to his office, on Thursday.<\/p>\n

In a statement issued on Friday by the SA Media and Communication to the Minister, Nneamaka Okafor, he was quoted as saying, \u201cThe return of Schlumberger with a promise of increased investment is a testament to the positive changes and opportunities in Nigeria\u2019s oil and gas sector under President Bola Ahmed Tinubu\u2019s administration<\/p>\n

\u201cWe are strategically positioned for greater partnerships that guarantee mutual benefit.\u201d<\/p>\n

The Minister commended Schlumberger for its longstanding contributions to Nigeria\u2019s energy sector and reiterated the Federal Government\u2019s support for the company\u2019s operations.<\/p>\n

He added that, \u201cSchlumberger\u2019s decision to invest more in Nigeria will undoubtedly excite Nigerians, as the oil sector remains the quickest means to resolving our economic challenges. More investment is essential for our economic growth.\u201d<\/p>\n

The Minister assured Schlumberger of every necessary support from the Federal Government to facilitate their operations, highlighting the collaborative spirit between Nigeria and one of its most influential oil and gas partners.<\/p>\n

Earlier in his brief, Le Peuch echoed the Minister\u2019s optimism, saying, \u201cSchlumberger is excited to reinvest in Nigeria. We recognize the country\u2019s potential and are committed to contributing to its energy landscape as we have done in the past.\u201d<\/p>\n

He announced plans to fully resume operation in Nigeria with a plan to expand business activities in the country.<\/p>\n

The visit aimed to rekindle the longstanding relationship between Nigeria and Schlumberger, and will significantly shape the nation\u2019s oil and gas sector from its early days.<\/p>\n

For More News And Analysis About Nigeria<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Nigeria. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that attracting more investment from International Oil Companies, IOCs, to Nigeria is essential for its economic growth. He made the disclosure during a courtesy visit by the Global CEO of Schlumberger, Mr. Olivier Le Peuch, and his team, to […]<\/p>\n","protected":false},"author":84,"featured_media":119443,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1570,2140,11468,254],"class_list":["post-119444","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-nigeria-2","tag-lokpobiri","tag-nigeria"],"yoast_head":"\nInvestments from IOCs essential for our economic growth \u2013 Lokpobiri - Nigeria<\/title>\n<meta name=\"description\" content=\"The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that attracting more inve ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Investments from IOCs essential for our economic growth \u2013 Lokpobiri\" \/>\n<meta property=\"og:description\" content=\"The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has disclosed that attracting more inve ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-24T08:44:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-05-24T11:00:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716531891.585837.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1728\" \/>\n\t<meta property=\"og:image:height\" content=\"1031\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Investments from IOCs essential for our economic growth \u2013 Lokpobiri\",\"datePublished\":\"2024-05-24T08:44:22+00:00\",\"dateModified\":\"2024-05-24T11:00:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri\"},\"wordCount\":323,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2024\/05\/sm_1716531891.585837.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Nigeria\",\"Lokpobiri\",\"Nigeria\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/investments-from-iocs-essential-for-our-economic-growth-lokpobiri\",\"name\":\"Investments from IOCs essential for our economic growth \u2013 Lokpobiri - 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