Nigeria’s upstream petroleum regulator says it has approved more than $57 billion worth of Field Development Plans since 2024, as the country prepares for 22 major offshore projects estimated to attract between $30 billion and $50 billion in investments from 2026 to 2030.

Nigeria's upstream oil sector aims for $50bn offshore oil investments by 2030 through 22 major projects, boosting production and creating jobs.

According to her, successive licensing rounds conducted since 2022 have opened access to some of Nigeria's most prospective oil and gas acreages, improving investor confidence in…