Exxon-Seplat $1.28 billion deal approval imminent, Nigeria …
WEB5 days ago · ABUJA, Oct 1 (Reuters) - Exxon Mobil Corp's (XOM.N), opens new tab deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance from the regulator ...
Exxon-Seplat $1.28 billion deal approval imminent, Nigeria ... - MSN
WEBABUJA (Reuters) - Exxon Mobil Corp's deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance from the regulator, President Bola Tinubu said on ...
$1.28b ExxonMobil-Seplat deal to secure approval in days, says …
WEB5 days ago · In February 2022, Seplat announced plans to acquire ExxonMobil’s 40 per cent stake in Mobil Producing Nigeria Unlimited (MPNU). However, in May 2022, NUPRC declined approval, citing overriding ...
ExxonMobil’s $1.28 billion asset sale to Seplat to receive …
WEB5 days ago · On February 25 2022, Seplat Energy Plc disclosed its plan to purchase all shares of Mobil Producing Nigeria Unlimited from Exxon Mobil Corporation, Delaware for $1.28 billion. The deal Involved taking over ExxonMobil Nigeria’s offshore shallow water operations. ... Recent News. Canada’s Federal Court fast-tracks study permit appeals to …
Nigeria Set to Approve Exxon Sale of Oil, Gas Assets to Seplat
WEB5 days ago · Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said.
ExxonMobil's $1.28 Billion Nigeria Deal With Seplat Nears Approval
WEB5 days ago · ExxonMobil’s decision to sell its Nigerian onshore assets to Seplat Energy highlights its ongoing shift in strategy. Amid challenges such as crude oil theft and pipeline vandalism in the Niger...
Nigeria set to approve sale of ExxonMobil assets to Seplat
WEB5 days ago · Nigeria. ABUJA, October 2, 2024 – The sale of ExxonMobil ’s oil and gas assets to Nigeria’s Seplat Energy is imminent, President Bola Tinubu said in a speech on Tuesday. According to President Tinubu, the regulator has approved the deal, and it will receive ministerial approval in a matter of days. ExxonMobil and Seplat had signed the ...
Nigeria could approve Exxon's $1.3 billion oil asset sale to Seplat …
WEBMay 2, 2024 · Exxon Mobil's asset sale to Seplat Energy could be approved in less than two weeks, Nigeria's oil regulator told Reuters on Thursday, ending a two-year delay since the deal was first...
ExxonMobil completes exit from Niger Delta with $1.3bn deal
WEBAug 8, 2022 · Nigeria has approved the $1.28bn sale of four oilfields run by ExxonMobil to local producer Seplat Energy in the first in a series of planned divestments by international companies from the...
ExxonMobil's (XOM) Nigerian Asset Sale Nears Completion
WEBJun 14, 2024 · The deal will see Seplat Energy acquiring ExxonMobil's (XOM) assets for $1.28 billion, significantly bolstering its position in Nigeria's oil and gas sector.