ExxonMobil returns to Africa’s biggest oil producer with $1billion bet after nearly a decade
Ayodeji Adegboyega4h ago
From the article
ExxonMobil is making its biggest move in Nigeria’s upstream oil sector in nearly a decade, committing about $1 billion to a deepwater project expected to add 40,000 barrels of crude oil per day as Africa’s largest producer seeks to revive investment and reverse years of declining output.
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