Seplat Moves To Purchase ExxonMobil’s Oilfields In Nigeria

Seplat Moves To Purchase ExxonMobil’s Oilfields In Nigeria

Seplat Energy Plc together with a partner, is working to acquire ExxonMobil’s Nigerian shallow water business.

The Energy Company listed on both the London and Nigerian Stock Exchanges disclosed this in a statement issued on the Nigerian Exchange Limited (NGX).

Naija News recalls that ExxonMobil’s President, Liam Mallon, had in October said the company remains “committed” to Nigeria despite its decision to divest from the joint venture (shallow water) with the Nigerian National Petroleum Corporation (NNPC).

ExxonMobil had divested some of its assets in…

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