Browsing: Bida basin

The Memorandum of Understanding, MoU, for the project was signed by Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and Niger Republic’s Minister of Energy, Foumakaye Gado, at a ceremony in Abuja.

He said, “We have a technology that finds oil faster. We found crude oil at Bida Basin and we used our technology to locate more areas. We have communicated it to Nigerian National Petroleum Company and the State Government. They will use our research and produce oil faster and in abundance.”