Nigeria target a fresh 480,000bpd as NNPC, ExxonMobil sign new deal

Nigeria target a fresh 480,000bpd as NNPC, ExxonMobil sign new deal

Nigeria may add 480,000 barrels to its daily crude oil output as the Nigerian National Petroleum Company Limited NNPCL and ExxonMobil took a step towards resolving the disagreement surrounding the sale of the latter’s asset to Seplat Energy. On Thursday, the NNPCL confirmed it had signed a settlement agreement with ExxonMobil companies in Nigeria over…