NNPCL, ExxonMobil pact to raise Nigeria oil output by 480,000bpd
Nigeria may boost its daily crude oil output by 480,000 barrels as the Nigerian National Petroleum Company Limited (NNPCL) and ExxonMobil move towards resolving the dispute over ExxonMobil’s asset sale to Seplat Energy. NNPCL said on Thursday that it has reached a settlement with ExxonMobil in Nigeria over the sale of Seplat Energy Offshore Limited…