- Nigerian oil firm Seplat Energy has expressed plans to revive 400 oil wells abandoned by Mobil Oil Producing Unlimited Nigeria
- The company disclosed this after completing the acquisition of ExxonMobil for $1.28 billion
- The deal leveraged the foreign companies leaving Nigeria, which has caused concerns among industry players
Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.
Seplat Energy Plc has disclosed plans to revitalise about 400 idle Nigerian oil wells after successfully acquiring ExxonMobil’s onshore and gas assets.
