West Africa Oil and Gas Upstream Market: Growth and Trends Analysis
The West Africa Oil and Gas Upstream Market is anticipated to register a Compound Annual Growth Rate (CAGR) of approximately 6.7% during the period 2020-2025.
The Nigerian oil and gas upstream market are anticipated to register a Compound Annual Growth Rate (CAGR) of over 2.0% during the period from 2021 to 2026. As of January 2021, the offshore and onshore rig count experienced a significant reduction in the country due to project scarcity and the adverse impacts of the COVID-19 pandemic.