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 ...

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

Set to speak are Olu Verheijen, Special Advisor to the President of Nigeria on Energy; Arthur Ename, Vice President of ...

Seplat Energy has plans to rejuvenate hundreds of dormant oil wells in Nigeria following the completion of its acquisition of ExxonMobil's onshore oil and gas assets, reported Bloomberg. This plan ...

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.

Nigeria is aiming for a 2 million bpd OPEC+ target by 2027, supported by rising production and major oil company investments.

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 ...

Exxon Mobil Corporation XOM, the largest oil producer in the United States, has secured approval from Nigeria to sell its onshore oil and gas assets to Seplat Energy Plc, a domestic energy company.

Nigeria’s economic reforms have received a significant boost as ExxonMobil unveiled plans to invest $10 billion in the country’s deep-water oil operations. DP World also proposed a ...