ExxonMobil Corporation has disclosed the acquisition of its equity interest in its shallow-water business, Mobil Producing Nigeria Unlimited (MPNU), to Seplat Energy, a Nigerian independent oil and gas company, through its wholly-owned subsidiary, Seplat Energy Offshore Limited. Although the deal is subject to Ministerial Consent and other required regulatory approvals, Seplat is poised to announce … Continue reading EXPLAINER: What Seplat’s Acquisition Of Mobil Producing Nigeria Means