Exxon Mobil Corp has proposed a $10 billion investment in offshore oil operations in a new investment push in Nigeria, a presidential spokesperson said on Thursday, citing company executives.

ExxonMobil has named Jagir Baxi as the chairman, managing director, and lead country manager of its affiliates in Nigeria, ...

ExxonMobil has committed to a $1.5bn investment in Nigeria's deep-water oilfields, demonstrating a strong commitment to the country's oil and gas sector. The investment, spanning from the second ...

Exxon Mobil Corp. plans to invest $1.5 billion in a deepwater oil field in Nigeria as Africa’s top producer looks to boost output, according to the nation’s regulator.

Exxon Mobil plans to spend $1.5B in Nigeria on deepwater exploration and development over the next two years, the country's upstream regulator said.

Exxon Mobil Corp. is considering investing as much as $10 billion in Nigeria’s offshore oil industry over the coming years, despite finalizing the sale of shallow-water assets to a local firm ...

ExxonMobil proposes a $10 billion investment in Nigeria's deep-water oil project, focusing on the Owo project. Exxon Mobil plans additional $1.5 billion investment to boost production by 50,000 ...

Nigerian regulators said they expect to formally consent to Exxon Mobil Corp.’s sale of its oil and gas assets to Seplat Energy Plc within four months, ending a hiatus that has stalled the ...

Exxon Mobil recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in U.S. shale and Guyana, industry and banking sources told Reuters.