Seplat Energy Completes Acquisition Of Mobil Producing Nigeria

Seplat Energy Completes Acquisition Of Mobil Producing Nigeria

SeplaSeplat Energy Plc has completed acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil .According to Seplat Energy, the transaction is transformative for Seplat Energy, “more than doubling production and positioning the Company to drive growth and profitability, whilst contributing...
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NGX Market Capitalisation Loses N39b As Mobil Oil Delists

NGX Market Capitalisation Loses N39b As Mobil Oil Delists

Trading on the Nigerian Exchange (NGX) Ltd. closed mixed on Friday with the market capitalisation dropping by N39 billion while the index rose by 0.21 per cent.  Specifically, the market capitalisation which opened at N20.470 trillion lost N39 billion or....
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ExxonMobil, others to develop LNG as marine fuel

ExxonMobil, others to develop LNG as marine fuel

ExxonMobil, Eagle LNG Partners and Crowley have signed an agreement to collaborate on the development of LNG as a marine fuel. The companies said that the goal of the collaboration is to establish the storage and technical support necessary to...
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