Browsing Tag

Exxonmobil

FG gives go ahead to ExxonMobil’s $1.28bn asset sale to Seplat

Constance Ebere Oct 21, 2024 0

By Emeka Okoroanyanwu After a harrowing two years delay, the Federal government has finally given a nod for the sale of ExxonMobil’s onshore assets to Seplat Energy. The deal amounts to $1.28 billion. The Chief…

Cover

Tinubu directs Lokpobiri, NNPC to resolve issues delaying Seplat, ExxonMobil deal

Abdulfatah May 29, 2024 0

President Bola Tinubu has directed the ministry of state for petroleum resources (Oil) and the Nigerian National Petroleum Company (NNPC) Limited to resolve the divestment issue delaying the Seplat and ExxonMobil deal, TheCable reports.…

Business

Somalia Open for Business, says Petroleum Minister

Abdulfatah Oct 11, 2019 0

Rich in hydrocarbons and possessing a favorable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market, said the country’s Minister of Petroleum and Mineral Resources, Hon. Abdirashid…

Energy

Nigeria not prepared for gas revolution- Stakeholders

Abdulfatah Apr 17, 2019 0

Stakeholders in the midstream subsector of the oil and gas sector say Nigeria has not reaped the huge economic value presented by its massive gas reserves due to absence of conducive environment. They spoke on Tuesday at the 2019…