NNPCL, ExxonMobil sign $1.28b asset divestment deal

The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Thursday announced the signing of a settlement agreement facilitating the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. This comes two years after the divestment plan was announced. The NNPC Ltd., in a statement, said the agreement involved MPNU, Mobil […]

The post NNPCL, ExxonMobil sign $1.28b asset divestment deal appeared first on The Guardian Nigeria News – Nigeria and World News.

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