Article, Esso Exploration and Production Nigeria Limited, Mobil Producing Nigeria Unlimited MPN operations, Capacity development initiatives in Nigeria. In addition, we conduct extensive research programs in support of these businesses. Join our effort to solve the world’s toughest energy problem.

By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms and Conditions of Service. Mobil House, 1 Lekki Expressway A. Obaseki-Osaghae of the National Industrial Court in Lagos has held that ExxonMobil Corporation can be sued in Nigeria. ExxonMobil developed this system to provide a robust framework for managing safety, security, health and environmental risks.

Since 1988 it has more than doubled the S&P 500 with an average gain of +24.53% per year. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. Target production rate for Erha is 210,000 b/d of liquids. ExxonMobil's (XOM) sale of stake in some oil and gas fields in Nigeria to raise around $3 billion.

For more than 135 years, we have pioneered the science and research that enables innovative technologies, changing our industry and the world.

By Alex Enumah Justice O. Currently one of the largest oil and gas producers in the country, ExxonMobil has 106 operated platforms and produced about 225,000 barrels per day (bpd) in 2017. We are committed to meeting the growing demand for energy, while at the same time reducing the environmental impacts. BREAKING: Fire Outbreak On A Major ExxonMobil Platform added by Media Nigeria on April 25, 2017

Please send all correspondence for the Nigeria office to: The project will cost an estimated $2.6 billion and is scheduled to begin production in early 2006. Its oil output in the country reached 225,000 barrels per day in 2017, its website said. University and National Labs partnerships, Innovating Energy Solutions: R&D Highlights, Mobil House personnel celebrate janitorial staff members, ExxonMobil affiliates receive award from Lagos Business School, Bonny River Terminal (BRT) receive award for Safety operations, ExxonMobil showcases contributions to Nigeria at the Society of Petroleum Engineers Annual Conference. Each of the company logos represented herein are trademarks of Verizon Media; Microsoft Corporation; Nasdaq, Inc.; Dow Jones & Company; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.

All Rights Reserved. The sale will mark the company’s exit from the former Soviet state after 25 years.ExxonMobil has reportedly held discussions with several Nigerian companies to determine their interest in the fields. The students had an exciting day learning and participating in engineering and science activities. The United States-based oil major recently held talks on the sale of a suite of oil and gas fields in Nigeria as the company focuses on new developments in US shale and Guyana, Reuters quoted industry and banking sources as saying. ExxonMobil (XOM) Plans to Divest Stakes in Nigerian Assets - April 5, 2019 - Zacks.com The East Area project’s 18,000-tonne EAP Gas Compression Facilities platform was set in place at the end of 2005, and set a world record when it was installed in open water using Float-Over Technology. Visit www.zacksdata.com to get our data and content for your mobile app or website. Stay up to date with the latest from ExxonMobil.

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For general questions, visit the ExxonMobil corporate global contact us page. ExxonMobil is committed to helping you run your operations as smoothly and efficiently as possible by supplying you with the marine fuels and lubricants you need, as well as offering the support of a robust lubricant analysis program. While Antero Resources and CrossAmerica Partners sport a Zacks Rank #1 (Strong Buy), SEACOR Holdings carries a Zacks Rank #2 (Buy). The company is one of the largest oil and gas producers in Nigeria, with 106 operated platforms. Review corporate performance data, learn about our business model, read about our outlook for the energy industry, meet our management committee and more. University and National Labs partnerships, Innovating Energy Solutions: R&D Highlights, ExxonMobils women introduce girls to science and engineering, ExxonMobil affiliates receive award for investment in employee health, Upstream Nigeria bags 14 medals at the 17th Nigeria Oil and Gas Industry Games, Upstream Nigeria attends the 2017 Nigeria Economic Summit, Power Forward youth empowerment program concludes in Abuja, Mobil House personnel celebrate janitorial staff members. All Rights Reserved.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. Three members of the Mobil House janitorial team were celebrated by the Upstream Nigeria staff, under the Appreciate Our Cleaners initiative.

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Victoria Island April 05, 2019, Per Reuters, Exxon Mobil Corporation (XOM - Free Report) is contemplating the sale of its stake in some of the oil and gas fields in Nigeria, both onshore and offshore. University and National Labs partnerships, Innovating Energy Solutions: R&D Highlights, ExxonMobil corporate global contact us page. ExxonMobil affiliate Esso Exploration and Production Nigeria Ltd. (EEPN) confirmed the Erha deepwater oil and gas discovery in OPL 209, 100 mi southeast of Lagos in December 1999. “Shell must remain at the forefront of the drive for greater corporate transparency.

For over three decades, our Strong Buy list has averaged returns more than twice the market. Article. Nearly two and a half years after exiting Nigeria’s downstream oil sector, ExxonMobil is weighing the sale of some oil and gas fields in the country. The bottom line for 2019 is expected to inch up 1.7% year over year. According to reports, Exxon officials have held talks in recent weeks with several Nigerian companies to gauge their interest in the fields. If you wish to go to ZacksTrade, click OK.
“ExxonMobil is committed to its long-term business operations in Nigeria. All Rights Reserved. Nigeria One source said Exxon was soon due to open a “data room” – which would provide technical information on the fields, such as seismic and production details – in Nigeria.

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