ExxonMobil Nigeria

ExxonMobil has offshore oil production in Nigeria, and is the country's second largest crude oil producer.[1] Mobil Producing Nigeria (MPN) began shallow water operations in 1955, and owns over 90 platforms and 300 producing wells covering 3,200 square kilometres (1,200 sq mi; 790,000 acres).[2]

ExxonMobil Nigeria
TypeSubsidiary
IndustryPetroleum
Founded1955 (1955)
Headquarters
Area served
Nigeria
ParentExxonMobil

ExxonMobil also has deepwater production in Nigeria. Esso Exploration and Production Nigeria Limited (EEPNL) operates interests in the Erha, Usan, and Bonga developments.[2]

ExxonMobil partners with the Nigerian National Petroleum Corporation (now NNPC Limited). The company operates in Akwa Ibom State, Nigeria.

ExxonMobil was working toward an agreement to sell all of its shallow water assets (MPN) to Seplat in August, 2022 for $1.3 billion to $1.6 billion, pending regulatory hurdles.[2][3]

References

  1. Mbat, D.; Ibok, Enefiok E.; Daniel, Ekong E. (2013). "Exxon-Mobil and Corporate Social Responsibility in Akwa Ibom State, Nigeria: Past and Present". Public Policy and Administration Research. 3 (3).
  2. Udegbunam, Oge (2022-02-26). "Why we're selling Mobil Nigeria to Seplat -- ExxonMobil". Premium Times Nigeria. Retrieved 2022-12-11.
  3. "Nigerian president withholds approval of Exxon Mobil's asset sale". Reuters. 2022-08-11. Retrieved 2022-12-11.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.