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flag Nigeria attracts over $8 billion in deepwater oil investments, drawing interest from Petrobras.

flag Nigeria has attracted over $8 billion in investments for deepwater oil and gas projects in the past year, thanks to improved fiscal terms, streamlined contracting processes, and clearer local content rules, according to Olu Verheijen, Special Adviser to President Bola Tinubu. flag Verheijen credits President Tinubu's decisive actions for the influx of investments. flag Additionally, Brazil's state oil company, Petrobras, is considering a return to Nigeria's oil sector, focusing on deepwater acreage.

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