The federal government says it is on the verge of approving the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets by Seplat Energy. Seplat announced an agreement to acquire ExxonMobil’s
Tag "MPNU"
Oil majors have expressed frustration at Nigeria’s slow progress in approving asset sales in the country. There have been delays in approving acquisitions within the oil sector. ExxonMobil, on February
Roger Brown, chief executive officer (CEO), Seplat Energy Plc, says the company is confident the acquisition of Mobil Producing Nigeria Unlimited (MPNU) assets will be approved in 2024. Brown made
Seplat says associated legal issues with the acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil will be resolved. The oil and gas company said this on Monday in its unaudited
Liam Mallon, the president of global upstream operations at ExxonMobil, said his company will be making new investments in Nigeria.
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