ExxonMobil has announced a major $1.5 billion investment into the Usan deepwater oilfield in Nigeria’s Niger Delta. The revitalization project, expected to span from Q2 2025 through 2027, is part of a broader effort to raise Nigeria’s oil output to 2.4 million barrels per day. This development highlights growing investor confidence in Nigeria’s energy sector and aligns with the Federal Government’s “Project 1 Million Barrels” initiative. For Budelinks, this underscores the importance of strategic consulting and project facilitation in oil and gas, offering opportunities for supply chain engagement, infrastructure support, and advisory services.
