ExxonMobil Pledges $1.5bn Investment in Nigerian Deepwater Oil Fields

ExxonMobil has announced a $1.5 billion investment to revitalize its deepwater oil operations in Nigeria, focusing on the Usan oilfield located in offshore block OML 138 in the eastern Niger ...

I'm very surprised that the change of national anthem bill was moved and passed within three days but they're still negotiating about minimum wage. NJ

ExxonMobil awaits NNPCL to lift injunction on Seplat/MNPU deal

by Ikenna Ngere

June 2, 2024

1

ExxonMobil has stated that it is awaiting the Nigerian National Petroleum Company Limited to lift the injunction preventing the sale of its asset to Seplat Energy. The company’s Regional Communications ...

Nigeria eyes fresh 480,000bpd as NNPC, ExxonMobil sign new deal

by Ikenna Ngere

May 31, 2024

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Nigeria may add 480,000 barrels to its daily crude oil output as the Nigerian National Petroleum Company Limited and ExxonMobil took a step towards resolving the disagreement surrounding the sale ...

Shell, ExxonMobil seek crude swap deals with Nigeria

by Harry Choms

November 7, 2018

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Two oil giants that had previously exited Nigeria’s downstream sector, Shell and ExxonMobil, could sign crude-for-product deals with Africa’s largest oil producer, a senior NNPC official said. “Unfortunately, Shell and ...