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Seplat Energy allays fears of layoffs as it completes acquisition of ExxonMobil assets

Seplat Energy Plc has allayed fears of lay-off of workers as it completed the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil Corporation....
Business

Nigeria secures $10bn investment from ExxonMobil in deep-water oil operations

Nigeria has secured a $10 billion investment from ExxonMobil in Nigeria’s deep-water oil operations.This development was announced by Stanley Nkwocha, senior special assistant to...
News

UNGA79: Nigeria Attracts Fresh $10bn From ExxonMobil

Nigeria has attracted foreign investment commitments totalling over $10bn from ExxonMobil and DP World, as announced during the 79th United Nations General Assembly (UNGA)...
News

INVESTIGATION: Shell, Chevron, ExxonMobil, other IOCs push climate change disinformation in the face of pollution in Nigeria’s Niger Delta

Since 1958, multinational oil companies have been operating in Nigeria’s Niger Delta region with devastating environmental consequences for local communities.To advance their corporate interests,...
Business

ExxonMobil assures Nigeria of continued presence, despite divestment plans

ExxonMobil, on Monday, moved to quell concerns about its long-term commitment to Nigeria, following announcements of asset sales.The oil giant recently met with Nigeria’s...
Business

ExxonMobil Promises New 40,000 Barrels Per Day Oil & Gas Investment In Nigerian After Meeting With Tinubu

ExxonMobil President of Global Upstream Operations, Liam Mallon, has assured President Bola Tinubu of the oil giant’s commitment to expand its footprints in Africa’s...
Business

Tinubu Meets Shell’s Global Upstream Director, NNPC GCEO Inside Presidential Villa

President Bola Tinubu on Monday met with the Shell Global Upstream Director Ms Zoë Yujnovich and the Group Chief Executive Officer (GCEO) of the...
Business

Seplat Energy extends purchase agreement of MPNU with ExxonMobil

Oil and gas companies, Seplat Energy and ExxonMobil, have extended the Share Sale and Purchase Agreement (SSPA) for the acquisition of Mobil Producing Nigeria...
Business

Seplat in haste to take control of ExxonMobil’s assets before Tinubu takeover

It has been 12 months since Seplat Energy announced that it has entered into agreements with ExxonMobil to acquire the entire share capital of...

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