Exxon, Seplat and Nigeria
Exxon-Seplat $1.28 billion deal approval imminent, Nigeria president says
Exxon Mobil Corp's deal to sell its Nigerian onshore assets to Seplat Energy will be approved in days after getting clearance from the regulator, President Bola Tinubu said on Tuesday. The $1.28 billion deal has been closely watched since it was first announced in 2022 with analysts saying it would also signal to investors that similar deals,
Nigeria set to approve $1.3B Exxon asset sale to Seplat, president says
Exxon Mobil's (NYSE:XOM) deal to sell its Nigerian onshore oil and gas assets to Seplat Energy will be approved within days after gaining clearance from the country's regulator, Nigeria President Tinubu said Tuesday. The sale will "increase oil and gas ...
Nigeria Set to Approve Exxon Sale of Oil, Gas Assets to Seplat
Nigeria is set to approve Exxon Mobil Corp.’s sale of its oil and gas assets to domestic energy supplier Seplat Energy Plc, President Bola Tinubu said.
ExxonMobil-Seplat deal will receive ministerial approval soon, says Tinubu
“As such, the ExxonMobil-Seplat divestment will receive ministerial approval in a matter of days, having been concluded by the regulator, NUPRC, in line with the Petroleum Industry Act, PIA. This was done in the same manner as other qualified divestments approved in the sector.”
ExxonMobil's $1.28 Billion Nigeria Deal With Seplat Nears Approval
Nigeria is set to approve XOM's $1.28B sale of its onshore assets to Seplat Energy, a move signaling the country's push for more foreign investments in the oil sector.
Nigeria Set to Approve Exxon’s $1.3-Billion Shallow Water Asset Sale
Nigeria's president has announced imminent approval for Seplat's $1.3 billion acquisition of ExxonMobil's shallow water assets, while Exxon plans to reinvest in Nigeria's deepwater oil exploration.
ExxonMobil's $1.28B Nigerian Asset Sale Deal Nears Completion
Exxon Mobil's asset sale deal with Seplat Energy in Nigeria could be approved in a few days, reaffirmed by Nigeria's President.
legit5h
Nigeria at 64: Tinubu-Led Administration Attracts Over $30 Billion in Foreign Direct Investment
Because of Bola Tinubu's administration's significant changes, Nigeria has garnered over $30 billion in foreign direct ...
Nigerian Tribune1d
Seplat Energy chairman acquires 22,571 shares, signalling confidence in company’s future
SEPLAT Energy Plc, a leading indigenous oil and gas company in Nigeria, has announced that its chairman, Udo Udoma, has ...
Nairametrics3d
Udo Udoma acquires first significant stake in Seplat Energy Plc
Seplat Energy Plc, one of Nigeria’s leading indigenous oil and gas companies, has announced a significant update to its ...
thewhistler.ng15h
My Economic Reforms Have Attracted $30bn Foreign Investments- Tinubu
Says NUPRC's Successful Divestment Of ExxonMobil/Seplat Will Unlock Oil And Gas Investments President Bola Ahmed Tinubu has ...
Business Insider1d
Seplat Energy PLC Bond
The Seplat Energy PLC-Bond has a maturity date of 4/1/2026 and offers a coupon of 7.7500%. The payment of the coupon will take place 2.0 times per biannual on the 01.10.. The Seplat Energy PLC ...