Q3 FID for Nigeria's Usan project as it shifts focus to secure deepwater plays with a $1.5B investment during 2025-2027.

Nigeria is urging oil companies to collaborate and increase production as the country continues to fall short of its OPEC ...

ExxonMobil expects its final Field Development Plan as well as internal and partner funding approvals to facilitate execution ...

Exxon Mobil Corp. plans to invest $1.5 billion in a deepwater oil field in Nigeria as Africa's top producer looks to boost output, according to the nation's regulator. Exxon Mobil Corp. plans to ...

Nigeria’s Olu Verheijen Joins African Energy Week (AEW) 2025 as Nigeria Strives for Energy Investment and Reform ...

Nigeria's Trans Niger Pipeline, a major oil artery transporting crude from onshore oilfields to the Bonny export terminal, ...

Two main players typically drive the development of oil blocks in Nigeria: International Oil Companies (IOCs) and National Oil Companies (NOCs).

LAGOS, (Reuters) – Energy giant ExxonMobil (XOM.N) is set to inject US$1.5 billion into the development of its deepwater operations in Nigeria, the country’s oil regulator said on Wednesday.

The NUPRC says Nigeria’s oil production increased to 1,485,700 barrels of oil per day (bpd) in April. According to NUPRC's ...

Exxon Mobil Corporation XOM, the U.S. supermajor, is set to invest $1.5 billion in Nigeria’s offshore oil sector, marking a major push to revitalize the country’s deepwater production.