Tinubu Okays Fresh Deep Offshore Framework to Unlock $50bn Investment
• Order grants $3-$4.50/bbl standard tax credit, plus $1/bbl for future leases •Incentives available to greenfield projects reaching FID by 2029 •Tax credits aimed at accelerating investments in oil sector
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• Order grants $3-$4.50/bbl standard tax credit, plus $1/bbl for future leases •Incentives available to greenfield projects reaching FID by 2029 •Tax credits aimed at accelerating investments in oil sector
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