NUPRC Refutes Buhari’s Approval Of Seplat’s Purchase Of ExxonMobil’s Asset

A declaration from the Presidency announcing President Muhammadu Buhari’s clearance of Seplat Energy’s acquisition of Mobil Producing Nigeria Unlimited from Exxon Mobil Corporation has been refuted by Nigeria’s upstream petroleum regulator commission (NUPRC). The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), which had earlier informed ExxonMobil the transaction had been rejected, stated on Monday that the … Continue reading NUPRC Refutes Buhari’s Approval Of Seplat’s Purchase Of ExxonMobil’s Asset