Nigerian billionaire Indimi bets $315 million on new offshore vessel to lift oil output
Nigerian billionaire Muhammadu Indimi is doubling down on the country’s oil future with a $315 million offshore vessel that underscores how local producers are slowly muscling into a space once dominated by the majors. Indimi’s company, Oriental Energy Resources Ltd, has celebrated the sailaway of the EMEM floating production, storage…
bubmagNovember 11, 2025