ABUJA Feb 23 Angola's offshore oil production is likely to be double that of Nigeria by 2020, Royal Dutch Shell (RDSa.L) said on Tuesday.
The two countries rival each other as Africa's biggest oil producer, but oil majors say Nigeria risks losing out if changes to its terms make it less profitable to develop deep water reserves.
"By 2020, Angola's offshore production is likely to be double that of Nigeria," Shell's Executive Vice President for sub-Saharan Africa, Ann Pickard, told an industry conference in Abuja. (For more Reuters Africa coverage and to have your say on the top issues, visit: af.reuters.com/ ) (Reporting by Joe Brock and Nick Tattersall)
Our top photos from the last 24 hours.