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MPNU

Energy

Seplat finalizes acquisition of MPNU from ExxonMobil

By Olawale Afolabi Seplat Energy has announced the completion of its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. In a statement released on Thursday, the company described the deal as transformative, highlighting its potential to more than double…

NewsDirect
December 12, 2024

Energy

ExxonMobil-Seplat deal: NNPC, MPNU sign settlement agreement

The Nigerian National Petroleum Company (NNPC) Limited has disclosed that a settlement agreement has been signed for the divestment of ExxonMobil’s stake in Mobil Producing Nigeria Unlimited (MPNU) to Seplat Energy Plc. According to a statement on Thursday by the…

NewsDirect
May 31, 2024