Mkpoikana Udoma
Port Harcourt — Mr. Udy Ntia, Executive Vice President, Upstream at NNPC Limited, has highlighted Nigeria’s growing appeal as a destination for global energy investment during a high-level session at the ongoing CERAWeek.
Speaking on the panel titled “Data-Rich, Infrastructure Ready: The Competitive Edge of Proven Super Basins”, Ntia pointed to fiscal stability, regulatory predictability, and commercially driven governance frameworks as critical factors boosting investor confidence.
“Nigeria’s strengthened fiscal and regulatory environment positions the country as a prime investment destination,” he said.
Ntia also emphasised the role of advanced data ecosystems and infrastructure readiness in transforming global competition among proven hydrocarbon basins.
“The convergence of robust data systems and analytics is redefining how proven basins compete globally, enabling Nigeria to fully capitalise on its resource base,” he added.
The session was moderated by Beth Evans, Head of Regional Insight, Upstream Solutions at S&P Global, and included distinguished panelists such as Andy Krieger, Senior Vice President, Gulf of America and Canada, BP, and Paul Madero, Senior Vice President, Production Solutions, Baker Hughes.
Panel discussions focused on how data-driven approaches, infrastructure preparedness, and investment predictability are reshaping global upstream competitiveness, with Nigeria emerging as a key beneficiary.
