The group said in the statement: “We most sincerely and respectfully request our president Muhammadu Buhari to approve the Zabazaba Deepwater Project because of its enormous economic benefits to the country. The $13.5 billion Zabazaba Deepwater Project will be executed by Nigerian Agip Exploration Limited (NAE) in partnership with Shell Nigeria Exploration and Production Company (SNEPCO). It involves the development of the Zabazaba deepwater field, a greenfield offshore licence in the eastern portion of the Niger Delta with proven reserves of 560 million barrels of oil, which will increase the country’s daily crude oil production.
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