A Ibom Tackles ExxonMobil over Alleged Move to Sell Govt s Assets Without Its Consent thisdaylive.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisdaylive.com Daily Mail and Mail on Sunday newspapers.
ExxonMobil has reached an agreement to sell its equity interest in Mobil Producing Nigeria Unlimited (MPN) to Seplat Energy, a Nigerian independent oil and gas company. MPN holds a 40% stake in four oil mining licenses, including more than 90 shallow-water and onshore platforms and 300 producing wells.