Seplat, Exxon and Nigeria
Nigeria approves Exxon-Seplat deal, blocks Shell sale
Nigeria's regulatory authorities have approved the sale of ExxonMobil's assets to Seplat Energy while halting Shell's planned divestment of its onshore and shallow-water operations, reported Reuters.
Nigeria approves Exxon-Seplat deal after more than two years
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
FG approves ExxonMobil’s $1.28 billion asset sale to Seplat after two-year delay
The federal government has approved the sale of ExxonMobil’s onshore assets to Seplat Energy, more than two years after the
Nigeria Greenlights Seplat's Acquisition of ExxonMobil's Onshore Assets
Nigeria's upstream regulator has approved Seplat Energy's purchase of Exxon Mobil Corp's onshore assets. This $1.28 billion deal, announced in 2022, includes oil mining leases and natural gas infrastructure.
Nigeria approves Exxon-Seplat $1.28 billion deal, oil regulator says
Nigeria has approved the sale of Exxon Mobil Corp's onshore assets to Seplat Energy, the chief executive officer of the country's upstream regulator said on Monday, more than two years after the $1.28 billion deal was first agreed.
Nigerian Government Endorses ExxonMobil-Seplat Divestment, Disapproves Shell-Renaissance Deal
The FG has endorsed ExxonMobil's divestment to Seplat Energy while rejecting Shell's proposed deal with Renaissance Africa Energy.
Nigeria rejects Shell asset sale; no impact to operations from Singapore oil leak
Nigeria has declined to approve the sale of Shell's (NYSE:SHEL) onshore and shallow-water oil and gas in the Niger Delta region to a consortium of local companies, the country's upstream regulator said Monday.
Nigeria halts Shell asset sale, approves Exxon-Seplat deal
Nigeria has failed to approve the sale of Shell's entire onshore and shallow-water oil and gas in the Niger Delta region to Renaissance, the country's upstream regulator said on Monday.
Shell's Onshore Oil Field Sale Worth $1.3B in Nigeria Suffers Setback
Shell plc’sSHEL deal to sell its onshore Nigerian subsidiary, Shell Petroleum Development Company Ltd ("SPDC"), for $1.3 billion has suffered a setback, with the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC") stating that the future buyer lacked the required qualifications to manage the assets.
Seplat Energy Gains Approval for Major Acquisition
SEPLAT Petroleum Development (GB:SEPL) has released an update. Seplat Energy, a prominent Nigerian energy firm, has received ministerial ...
LEADERSHIP Newspaper3h
As $1.3bn ExxonMobil-Seplat, 3 Other Divestments Get Approvals
The federal government has announced the approval of  ExxonMobil's $1.28 billion divestment of its oil and gas assets to ...
Okay Nigeria1h
Seplat Energy Receives Approval to Acquire Mobil Producing Nigeria Unlimited
Leading Nigerian energy company Seplat Energy Plc has announced that it has received official approval from the Nigerian ...
devdiscourse21h
Seplat Energy Secures Exxon Mobil’s Onshore Assets
Nigeria has approved Seplat Energy's purchase of Exxon Mobil's onshore assets, a deal worth $1.28 billion. The sale, ...
Seeking Alpha on MSN19h
Nigeria approves Exxon asset sale to Seplat after more than two years
Nigeria's government has approved the sale of Exxon Mobil's (NYSE:XOM) onshore assets to Seplat Energy, Reuters reported ...
Nigerian Tribune16h
Rally on Seplat stocks pushes market higher by 0.64%
The local stock market started the week positively as the All-Share Index (ASI) rose by 0.64 per cent, closing at 98,694.80 ...
The Nigerian Voice1d
NEPL/Seplat JV Drives Educational Development in Communities through SEED Initiative
The NNPC Exploration and Production Limited (NEPL) and Seplat Energy Joint Venture (JV) have once again reinforced their ...