Exxon Mobil to Sell Nigeria Shallow-water Affiliate for $1.3 Billion

Transaction Type
Basin
West Africa
Announce Date
Post Date
Estimated Price
1.3BB
Description

To buy Exxon Mobil Nigerian offshore shallow-water business, which includes the Mobil Development Nigeria and Mobil Exploration Nigeria equity ownership of Mobil Producing Nigeria Unlimited with more than 90 shallow-water and onshore platforms and 300 producing wells.