Business Mergers & Acquisitions Oil & Gas Top Story

Seplat Energy nears completion of ExxonMobil asset acquisition amidst legal hurdles

In a landmark move that could reshape the landscape of Nigeria’s oil industry, Seplat Energy is on the verge of concluding its acquisition of ExxonMobil’s Nigerian shallow water oil assets, valued at a colossal $1.28 billion. This development comes after the Nigerian National Petroleum Corporation (NNPC) withdrew its legal challenge against the sale, which had Read More…