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Buhari gives nod for Seplat to acquire 100% Mobil share capital

Buhari

By Ukpono Ukpong In his capacity as Minister of Petroleum Resources, and consonance with the country’s drive for Foreign Direct Investment in the energy sector, President Muhammadu Buhari has consented to the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy Offshore Limited. Exxon Mobil had entered into a landmark […]

Reps probe allegations of abuse on indigenous coys by Exxon Mobil

Exxon Mobil

By Tom Okpe The House of Representatives has started probe into allegations of abuses in bidding for contract and operating processes by Exxon Mobil against Nigerian-owned catering companies and citizens. The probe, carried out by House Committee on Nigerian Content Development and Monitoring led by Legor Idagbo at its maiden investigative sitting on Tuesday, said […]

Lockdown: Wike announces arrest, quarantine of 22 EXXON Mobil staff

…Says Caverton Helicopters has apologised Rivers state Governor, Nyesom Wike, has announced the arrest by security agencies of 22 staff of Exxon Mobil, who entered the state from Akwa Ibom state in violation of the restriction order. Governor Wike also announced that Carveton Helicopters have apologised to the state government over the conduct that led […]

Gunmen Kidnap Five Exxonmobil Staff in a’Ibom

Five ExxonMobil personnel at Floating Storage and Offloading Vessel (FSO) in Ibeno Local Government Area, Akwa Ibom State have been kidnapped by gunmen. An inside source who pleaded anonymity told our correspondent that five indigenous personnel who were working offshore at ExxonMobil were kidnapped on Monday at FSO by militants. He said that due to […]