'Deep-water watershed': Nigeria's $10bn Bonga South West fired up as new deal signed

New agreement underpins OML 118 development and will form basis for other deep-water deals in West Africa's prime oil and gas play

Significant occasion: a new production sharing agreement for OML 118 offshore Nigeria was signed in Abuja on 25 May
Significant occasion: a new production sharing agreement for OML 118 offshore Nigeria was signed in Abuja on 25 MayPhoto: NNPC
Published 26 May 2021, 10:25Updated 26 May 2021, 13:25