Nigeria’s national oil company said it secured more than $1 billion in financing for onshore and offshore drilling operations from a Chevron subsidiary. An agreement signed during the weekend in London envisions $1.2 billion for the development for 23 onshore and 13 offshore wells in Nigeria. The Nigerian National Petroleum Corp. said the funding is an integral part of an exploration and production financing program meant to address “the perennial challenge” on the part of the government’s support for upstream activities. The company said the projects could combine for between $2 billion and $5 billion in revenue for the federal government. Stage one, consisting of 19 wells, could deliver up to 21,000 barrels of oil and 120 million cubic feet of natural gas […]