ExxonMobil to invest $1 billion in Nigeria’s offshore, targets 40,000 bpd increase

🇳🇬 Nairametrics Nigeria (NG) —
ExxonMobil to invest $1 billion in Nigeria’s offshore, targets 40,000 bpd increase

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ExxonMobil will invest $1 billion in Nigeria’s offshore Usan Infill Project, aiming to boost crude oil production by 40,000 barrels per day. This investment supports Nigeria’s energy sector expansion and offshore development.

ExxonMobil and its partners have committed $1 billion to the Usan Infill Project in Nigeria's offshore oil sector, a move expected to increase the country's crude oil production by about 40,000 barrels per day (bpd). The post ExxonMobil to invest $1 billion in Nigeria’s offshore, targets 40,000 bpd increase appeared first on Nairametrics.

Markets Deals Energy ExxonMobil Nigeria offshore oil investment Usan Infill Project crude oil production energy sector

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