
Nigeria targets 480,000 bpd as NNPC, ExxonMobil sign partnership
The Nigerian National Petroleum Company Limited and ExxonMobil made a move toward settling their differences regarding the latter’s asset sale to Seplat Energy, which could result in an increase of 480,000 barrels in Nigeria’s daily crude oil production. On Thursday, the NNPCL confirmed it had signed a settlement agreement with ExxonMobil companies in Nigeria over…