Search

Seplat Energy Eyes $1.3 Billion Exxon Mobil Nigeria Deal

Allen dreyfus Logo
© Allen Dreyfus
  • Seplat Energy to finalise Exxon Mobil’s Nigerian unit purchase, aiming to boost oil output by 95,000 barrels daily.
  • Seplat confident in overcoming legal and regulatory delays for the deal’s approval.

 

Seplat Energy’s CEO, Roger Brown, confirmed today the company’s determination to finalise the acquisition of Exxon Mobil Corporation’s $1.3 billion stake in Mobil Producing Nigeria Unlimited (MPNU) this year.

Recent Business

Independence Arch, Accra, Ghana. Photo by Nana Kwandoh @ Unsplash
Ghana cuts benchmark interest rate to 15.5% as inflation collapses
Read More »
L-R: Mr Osvaldo Inácio, Board Member of Sonangol, Mr Haytham Elmaayergi, Executive Vice President of Global Trade Bank at Afreximbank and Mr Gaspar Martins, Chairman of the Board of Directors and President of Sonangol. Photo: Afreximbank
Afreximbank seals $1.75bn deal for Angola’s state oil firm Sonangol
Read More »
Malick Guèye, a senior administrator at Wave Digital Finance. Photo: Handout
“Tax us, but don’t break inclusion,” fintech boss warns as Senegal taps mobile money
Read More »

Recent Politics

Raila Odinga was seen as the father of democracy in Kenya. Photo @ Raila Odinga/Facebook
Raila Odinga’s death exposes deep family rift inside Kenya’s opposition ODM
Read More »
Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »

Latest Posts

Latest news insights