Grenada is poised to become a significant energy hub following a landmark multi-billion dollar agreement between Nigerian oil and gas firm Oceangate Oil and Gas Engineering and Global Petroleum Group. This collaboration aims to launch one of the Caribbean’s largest oil and gas initiatives.
Group CEO Dr. Aisha Achimugu highlighted that this transformative partnership is designed to tap into Grenada’s substantial hydrocarbon reserves, positioning the island nation as a key player in the Caribbean energy sector and beyond.
Achimugu expressed excitement about the partnership, stating, “We are thrilled to collaborate with Global Petroleum Group, which will bring considerable economic benefits and energy resources to Grenada."