Seplat Energy has reported some slow progress at pipeline projects, but with EBITDA growing at 82% year on year it is seeing a clear benefit from higher oil prices.
Mobil Producing Nigeria (MPN)
The Akwa Ibom government has objected to ExxonMobil’s sale plans to Seplat Energy and filed a legal case to halt the transaction.
London-listed Seplat Energy has announced a deal to acquire ExxonMobil’s Nigerian unit.
Former Seplat Energy executive Austin Avuru appears to be clashing with his old company in the pursuit of ExxonMobil’s mature onshore Nigerian assets.
UTM Offshore has signed a memorandum of understanding (MoU) with the African Export-Import Bank (Afreximbank) in support of a floating LNG (FLNG) project.
Seplat Energy has confirmed it is engaged in talks on acquiring ExxonMobil’s shallow water business in Nigeria.
A Nigerian court has ordered Nigerian National Petroleum Corp. (NNPC) and Mobil Producing Nigeria (MPN) pay 82 billion naira ($199.5 million) in compensation for an oil spill.
Nigeria’s UTM Offshore has signed up Japan’s JGC Corp. and KBR to study its proposed floating LNG plan.
Nigerian energy officials have visited Morocco in a show of support for an ammonia plant in Akwa Ibom State.
Mobil Producing Nigeria (MPN) has lifted force majeure on its exports from Qua Iboe.
An ExxonMobil employee has died following a fire at the Qua Iboe Terminal in Nigeria.
Three international oil companies have committed to building a COVID-19 treatment centre in the Bonny local government area (LGA).