Details of $1.583 billion deals to acquire the entire share capital of MPNU plus contingent consideration, and how asset transfer will wait for minister’s assent United States oil giant, ExxonMobil, has finally exited Nigeria’s onshore and shallow water operations as it sold off all its assets in the terrain. Platforms Africa reports that the asset sale, which is the first transaction after the signing of Petroleum Industry Act (PIA), was to Seplat Energy Plc. The two firms have completed the deals but will await the ministerial assent for proper…
Read MoreBREAKING: ExxonMobil Exits Nigeria’s Onshore, Sells Asset To Seplat
