January 24, 2025 | Petroleum Economist | 1 minute read

After an extended period in regulatory limbo, Nigeria’s clutch of large asset transactions, transferring onshore positions from majors to indigenous players, gained serious traction at the end of 2024.

“We are beginning to see smaller transactions come through, and we can anticipate some more in the pipeline, and they are following similar trends to those prior deals,” Bracewell’s Adam Blythe told Petroleum Economist.

Blythe added that it will primarily continue to be a case of sales of onshore assets, with the sellers being IOCs and buyers being indigenous Nigerian companies.