Platform Petroleum aims for billion dollar investment to achieve 50 bcf/d

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2024 Offshore Technology Conference (OTC) News

Chief Dumo Lulu-Briggs,Lagos-Calabar Coastal Line,Pipeline Insecurity

Platform Petroleum has announced its plans to invest a billion dollar in expanding its operations, targeting the production of 10,000 barrel

s of oil and at least 50 billion cubic feet of gas per day .

“Nigeria is a vast market, and Platform Petroleum is thinking big. With the government’s ambitious plans, such as the Lagos-Calabar coastal line, Platform is poised for growth; pushing itself to the next level, building on a strong foundation and following Seplat’s successful precedent”, Lulu-Briggs said.

Anim highlighted that one of the major constraints in the Niger Delta is security challenges, which has seen substantial improvement. “The collaboration ensures that operations are seamless, and this is crucial for attracting further investments.” Microsoft CEO Satya Nadella unveiled a new category of PC on Monday that features generative artificial intelligence tools built directly into Windows, the company's world leading operating system. The tech giant estimates that more than 50 million "AI PCs" will be sold over the next 12 months, given the appetite for devices powered by ChatGPT-style…

 

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