Energy International

Nigeria greenlights Seplat Energy’s buy of ExxonMobil’s Nigerian unit

Nigerian President Muhammadu Buhari, who doubles as oil minister, has granted consent to the acquisition of ExxonMobil’s Nigerian unit by Seplat Energy, in a $1.28 billion deal announced in February. According to the statement published Monday, Buhari granted the consent in his capacity as minister of petroleum resources and, in consonance with the country’s drive […]