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Seplat Energy Eyes $1.3 Billion Exxon Mobil Nigeria Deal

Francis Kyei

Ghanaian based journalist and African sovereign bond market specialist.
  • 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.

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