Esso E&P Flags Efficiency Gaps in Nigeria's Oil Sector, Urges Streamlining for Growth

Esso E&P's executive director, Hazizi Hassan, emphasized the need for operational efficiency in Nigeria's oil sector to meet production goals. He highlighted challenges such as high costs, policy misalignment, and inefficiencies in project delivery.

The call for reform extends beyond compliance to true local content development and sustainable capacity building. Streamlining processes and enhancing collaboration between regulators and operators are crucial for achieving growth and attracting investments in the industry.