Chevron hopes to almost double oil production in Nigeria

Chevron Nigeria Limited, a subsidiary of US oil firm ChevronTexaco said it hoped to almost double production over the next two years.

“As at today, we produce 400,000 barrels per day. We hope to increase to between 600,000 and 700,000 barrels per day (bpd) in a couple of years,” the company’s new managing director, Frederick Dan Nelson, told journalists in Lagos.